Look at how the country (China or India, Pick one) has evolved over the past 50 years, what changes economically, politically have taken place, have things improved, where it stands now and what type of challenges and public policies need to be implemented to enhance future economic prospects. It is globalization paper, so please focus on globalization in and around the country.
Chinas economy has witnessed rapid economic spur in the recent years, cumulatively to about 30 years now making it one of the world’s largest economies. China`s economic success can be attributed to a mixed economy that incorporated limited capitalism within a command economy. Unlike most economies that rely on external funding for growth, Chinese government funded their own economic rise. Additionally, china is one of the most populous countries in the world, this gave it the much-needed impetus for growth as it had unmatched domestic market and labor supply. The meteoric rise of china is further discussed in much detail.