CONCLUSION

Conclusions

INDIA

• Indian economy performed moderately, but the majority of its people still depend on agriculture.
• Infrastructure is lacking in many parts of the country.
• It is yet to raise the standard of living of more than one-fourth of its population that lives below the poverty line.

PAKISTAN

• Political instability, over-dependence on remittances and foreign aid along with the volatile performance of the agriculture sector are the reasons for the slowdown of the Pakistan economy.
• In the recent past, it is hoping to improve the situation by maintaining high rates of GDP growth.
• Many macroeconomic indicators began showing positive and higher growth rates reflecting the economic recovery.

CHINA

• In China, the lack of political freedom and its implications for human rights are major concerns.
• However, in the last three decades, it used the 'market system without losing political commitment' and succeeded in raising the level of growth along with alleviation of poverty.
• China has used the market mechanism to create additional social and economic opportunities
• By retaining collective ownership of land and allowing individuals to cultivate land, China has ensured social security in a rural area
• Public intervention in providing social infrastructure brought positive results in human development indicators in China.