摘要: Since the early 1990s, world has witnessed rapid economic transformation and growth in China India. This subsequently triggered a boom comparative studies of two Asian giants.1 chapter adds to literature by focusing on regional countries. In particular, it attempts explore how economies vast countries have performed during period high assess whether or not disparity deteriorated as liberalization deepens. It is found that substantial exists shown an increasing trend both growth, particular since 1990s. However, increase largely reflects enlarging gap between super-rich regions rest economy within each country. other words, led catch-up effects relatively poor postulated new theories (Abramovitz 1986). also shows variations infrastructure development levels urbanization are main sources China, export sector plays role affecting development. India, human capital recent years may affect disparity.