China favored self-sufficiency before the reforms of Deng Xiaoping in 1978

1
China favored self-sufficiency before the
reforms of Deng Xiaoping in 1978
2
Since 1978, China has been much more outward
looking, and its real GDP per capita has grown at
an average annual rate of 8.3.
3
Until 1991, India pursued ISI and its Permit Raj
system of regulation
4
India switched to ELI only recently, but its real
GDP per capita has grown at an average annual
rate of 4.2 since 1991