International competitiveness, growth and socio-economic development in India

The use of India as a subject for this case study is a consequence of its positive evolution caused by the reforms adopted 21 years ago. New emerging state, India aims to surpass China in terms of economic growth, standing out as the next world player. Important lessons can be learned from the economic evolution of India, lessons that can be used as examples in literature, without becoming mandatory benchmarks for other economies. Using the example of India, the analyze of its economy can draw several general actions that can be adopted by any emerging country, taking into account that the "competitiveness" concept applies differently, according to each state stage of development. (C) 2015 The Authors. Published by Elsevier B.V.