1. GNP Growth Rates
Between the years of 1980-1985, GNP per capita grew by about 3.2 percent a year in India and in China by an remarkable 8.3 percent a year. Rapid growth in China and India explains why more than half of the world's population lives in economies growing faster than 2 percent a year. In 1978 the economical structure of China began moving from a slow Soviet type economy to more of a market oriented system. ... China continues to lose farmable land because of erosion and various economic development. ... Government controls have been reduced on imports and foreign investment, and pri...
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