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Awakening Giants, Feet of Clay A Comparative Assessment of the Rise of China and India

TLDR
The authors explored deeper social and historical issues that underlie their differential ability to resolve collective action problems in long-term investment and to manage political conflicts, which go beyond the usual simple simple aggregative comparisons of an authoritarian and a democratic political regime.
Abstract
Both China and India have made remarkable economic progress in the last quarter century—China more than India—but both have severe structural and institutional problems that will hobble them for many years to come. In this article, after a comparative study of the two economies in terms of broad development indicators, we explore some deeper social and historical issues that underlie their differential ability to resolve collective action problems in long-term investment and to manage political conflicts, which go beyond the usual simple aggregative comparisons of an authoritarian and a democratic political regime.

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The World Is Flat: A Brief History of the Twenty-First Century

TL;DR: The World is Flat: A Brief History of the Twenty-First Century Thomas L. Friedman Farrar, Straus and Giroux, 2005 Thomas Friedman is a widely-acclaimed journalist, foreign affairs columnist for the New York Times, and author of four best-selling books that include From Beirut to Jerusalem (1989) as mentioned in this paper.
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Term limits and rotation of Chinese governors: do they matter to economic growth?

TL;DR: Li et al. as discussed by the authors used a panel data covering detailed information for all the provincial governors between 1978 and 2004, and found a positive impact of both term limits and rotation of governors across provinces on local economic growth.
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Public policy and financial resource mobilization for wind energy in developing countries: A comparison of approaches and outcomes in China and India

TL;DR: This paper analyzed and contrasted how China and India mobilized financial resources to build domestic technological innovation systems in wind energy, identifying distinct stages of technology diffusion in the two countries in the period 1986-2012, and analyzed the interplay between public policies and the development of the technological innovation system across different stages.
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Stuck in Place: Investigating Social Mobility in 14 Bangalore Slums

TL;DR: In this article, a study of 14 Bangalore slum communities, including detailed interviews with 1,481 residents, represents an initial effort to study social mobility in India's largest cities, where opportunity a...
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Changing Social Relations between Science and Society: Contemporary Challenges:

TL;DR: In the second decade of the 21st century, the social institution of science is undergoing a major change as discussed by the authors, and three societal forces are responsible for the change: globalization, industrial and post-industrial society, and climate change.
References
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The World Is Flat: A Brief History of the Twenty-first Century

TL;DR: Friedman and Friedman went to the same high school and used the Golden Arches Theory of Conflict Prevention as inspiration for his column "The GoldenArches theory of conflict prevention" as discussed by the authors.
Journal Article

The World Is Flat: A Brief History of the Twenty-First Century

TL;DR: The World is Flat: A Brief History of the Twenty-First Century Thomas L. Friedman Farrar, Straus and Giroux, 2005 Thomas Friedman is a widely-acclaimed journalist, foreign affairs columnist for the New York Times, and author of four best-selling books that include From Beirut to Jerusalem (1989) as mentioned in this paper.
Journal ArticleDOI

China's (uneven) progress against poverty

TL;DR: This article showed that rural economic growth was far more important to national poverty reduction than urban economic growth, and that rural areas accounted for the bulk of the gains to the poor, though migration to urban areas helped.
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Regional decentralization and fiscal incentives: Federalism, Chinese style

TL;DR: This paper investigated the relationship between provincial government's fiscal incentives and provincial market development and found that stronger ex ante fiscal incentives, measured by the contractual marginal retention rate of the provincial government in its budgetary revenue, are associated with faster development of the non-state sector as well as more reforms in the state sector in the provincial economy.
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Federalism and the Soft Budget Constraint

TL;DR: In this article, two effects of federalism are derived: First, fiscal competition among local governments under factor mobility increases the opportunity costs of bailout and thus serves as a commitment device, and monetary centralization, together with fiscal decentralization, induces a conflict of interests and thus may harden budget constraints and reduce inflation.
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