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China and India : the most solid BRIC The global crisis has hit the two economies. China, which is more opened to international trade, has suffered more than India. Both countries have launched stimulus policies which have successfully cushioned the impact of the external shocks. If the global recovery is to remain slow, economic growth in China and India will not return to its high pre-crisis level but can nevertheless be relatively high. India will benefit from a demographic dividend thanks to the increase in its working age population. In China, the economy of the inland provinces, which do not depend on external markets, may be the engine of a new model of economic growth. Classification JEL : E65, F59, P52.
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Françoise Lemoine (2009) studied this question.
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