Pranab Bardhan, Awakening Giants, Feet of Clay: Assessing the Economic Rise of China and India (Princeton & Oxford: Princeton U. Press, 2010) (From the bookjacket:"The recent economic rise of China and India has attracted a great deal of attention--and justifiably so. Together, the two countries account for one-fifth of the global economy and are projected to represent a full third of the world's income by 2025. Yet, many of the views regarding China and India's market reforms and high growth have been tendentious, exaggerated, or oversimplified. Awakening Giants, Feet of Clay scrutinizes the phenomenal rise of both nations, and demolishes the myths that have accumulate around the economic achievements of these two giants in the last quarter century. Exploring the challenges that both countries must overcome to become true leaders in the international economy, Pranab Bardhan looks beyond short-run macroeconomics issues to examine and compare China and India's major policy changes, political and economic structures, and current general performance." "Bardhan investigates the two countries' economic reforms, each nation's pattern and composition of growth, and the problems afflicting their agricultural, industrial, infrastructural, and financial sectors. He considers how these factors affect China and India's poverty, inequality, and environment, how political factors shape each country's pattern of burgeoning capitalism, and how significant poverty reduction in both countries is mainly due to domestic factors--not global integration, as most would believe. He shows how authoritarianism has distorted Chinese development while democratic governance in India has been marred by severe accountability failures." "Full of valuable insights, Awakening Giants, Feet of Clay provides a nuanced picture of China and India's complex political economy at a time of startling global reconfiguration and change.").
Ian Morris, The Measure of Civilization: How Social Development Decides the Fate of Nations (Princeton & Oxford: Princeton U. Press, 2013) (""Social development, as I use the expression, is a measure of communities' abilities to get things done in the world. I label this property 'social development' because it seems to me to have much in common with the central ideas of development economics." "Social development is an important concept because the major reasons that the West [] has dominated the world in the past two hundred years are that (a) its social development has reached higher levels than that of any other part of the planet and (b) these levels have risen so high that the West has been able to project its power globally." Id. at 5. From the bookjacket: "In the last thirty years, there have been fierce debates over how civilizations develop and why the West became so powerful. The Measure of Civilization presents a brand-new way of investigating these questions and provides new tools for assessing the long-tern growth of societies. Using a groundbreaking numerical index of social development that compares societies in different times and places, [] Morris sets forth a sweeping examination of Eastern and Western development across 15,000 yeas since the end of the last ice age. He offers surprising conclusions about when and why the West came to dominate the world and fresh perspectives for thinking about the twenty-first century." Adapting the United Nations' approach for measuring human development, Morris's index breaks social development into four traits--energy capture per capita, organization, information technology, and war-making capacity--and he uses archaeological, historical, and current government data to quantify patterns. Morris reveals that for 90 percent of the time since the last ice age, the world's most advanced region has been at the western end of Eurasia, but contrary to what many historians once believed, there were roughly 1,200 years--from about 550 to 1750 CE--when an East Asian region was more advanced. Only in the late eighteenth century CE, when northwest Europeans tapped into the energy trapped in fossil fuels, did the West leap ahead." "Resolving some of the biggest debates in global history, The Measure of Civilization puts forth innovative tools for determining past, present, and future economic and social trends.").