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Comparative trends in economic and human development indicators of India, China, and Pakistan reveal the varied developmental strategies adopted by these countries. While all three nations began their respective developmental paths around the same time, their subsequent growth trajectories have diverged significantly, especially after the introduction of economic reforms. The chapter highlights how these strategies have led to differences in economic performance, demographic indicators, and human development outcomes across the three countries.
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Term: Great Leap Forward
Definition: A campaign initiated in China in 1958 aimed at rapidly industrializing the country through collective farming and backyard production.
Term: Human Development Index
Definition: A composite measure used to rank countries based on human development, which includes income, education, and life expectancy.
Term: Economic Reforms
Definition: Changes implemented to enhance economic performance, often including deregulation and encouragement of private sector participation in the economy.
Term: OneChild Norm
Definition: A population control policy implemented in China aimed at curbing population growth by limiting families to one child.
Term: Mixed Economy
Definition: An economic system that incorporates elements of both public and private enterprise, utilized by India and Pakistan.