This article seems to completely miss the significant compounding effect of real growth over 13 years. China liberalized their economy in the 70s: 1976 Mao die

This article seems to completely miss the significant compounding effect of real growth over 13 years. China liberalized their economy in the 70s: 1976 Mao dies -> Cultural revolution ends -> 1978 Deng Xiaoping launches 'Reform & Opening Up'. India liberalized their economy in the 90s: 1991 Rao and Singh come to power -> eliminate tariffs, dismantle the License Raj. The difference is at least that of compounded growth over time. At 7% real growth, in 13 years an economy gains about 2.4x. In PPP terms, China's economy is about 2.4x India's [1]. Additional factors to consider are that China liberalized more aggressively through state directed experimentation, and India liberalized more gradually, and within a democratic legal system. Also, on the Chinese side there were periods of slowdown (1989, others), and on the Indian side the economy would have been about 20% larger but for the right-wing/fascist policies of the BJP government [2][3]. But policy failures on both sides are probably a wash, bringing us to today's gap. [1] https://www.imf.org/external/datamapper/NGDP_RPCH@WEO/OEMDC/ADVEC/WEOWORLD https://www.imf.org/external/datamapper/NGDP_RPCH@WEO/OEMDC/... [2] https://www.hks.harvard.edu/sites/default/files/centers/cid/files/publications/faculty-working-papers/2019-12-cid-wp-369-indian-growth-diagnosis-remedies-final.pdf https://www.hks.harvard.edu/sites/default/files/centers/cid/... [3] https://www.nationalheraldindia.com/india/ill-conceived-demonetisation-poorly-executed-gst-major-causes-for-slump-in-indian-economy-raghuram-rajan https://www.nationalheraldindia.com/india/ill-conceived-demo...