Growth Competitiveness Index 2001 2002India 57 48 China 39 40
Current Competitiveness Index 2001 2000India 36 37China 47 44
Competitiveness Balance-Sheet
IndiaAdvantages Availability of scientists and engineers 4Access to credit 4Potential for "catch-up" growth 5IT training and education 9Government success in IT promotion 11Exchange rate premium 4
DisadvantagesAccess to foreign capital markets 75Average tariff rate 74Road infrastructure quality 73Corruption 70Cellular telephones 73Personal computers 73
ChinaAdvantagesEmployment to population ratio 1National savings rate 2Local availability of process machinery 2Investment rate 2Inflation 5Competence of public officials 6
DisadvantagesForeign access to local capital markets 75Entry into banking industry 74Exchange rate premium 72Permits to export 71IT training and education 63Average tariff rate 71
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Source: The Global Competitiveness Report 2001-2002 published by the WorldEconomic Forum. Ranking among 75 economies