ABSTRACT

Increasingly, contributions from large emerging countries have been instrumental in sustaining the world economy, despite global financial meltdown. Among the BRICS countries (Brazil, Russia, India, China and South Africa), China and India are the most populous, complex and exciting emerging countries. With double digit high growth rate for decades, China has surpassed many developed countries to reach top spots in the world economy. With a huge and growing young population and open markets, India has provided great opportunities for firms around the world. Sustaining this development journey in the face of worldwide discontinuities demands new perspectives on country competitiveness. Getting a feel for similarities in trends of competitiveness in China and India is a key objective to the background work of this study.