The authors of this work argue strongly that the decentralization that has taken place in China over the past two decades threatens to undermine the future of reform and perhaps even the state itself. They contend that reform has undermined state capacity in China, and that the state's fiscal revenues, as a percentage of GNP, have declined and will continue to decline into the foreseeable future, thereby weakening China's ability to mobilize resources for modernization.
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This special edition of India Briefing marks the 50th anniversary of Indian independence. Like its predecessors, this volume provides analysis of and context for political, economic, social, and cultural developments in India, and considers what past trends may indicate for the future. But this India Briefing is unique in scope -- whereas past editions cover a one- to two-year period, India Briefing: A Transformative 50 Years takes a commemorative look at India's course over the past fifty years, with a special chapter on the uses of history.