All developing countries look alike in many respects. However, some of these countries are so closely alike that they conjure up in the mind the image of Siamese twins. There are many similarities between India and China such as the existence of surplus labour and interventionist government that deserve a comparative analysis. In this study, Dr. Srinivas has analysed the development of these two countries with reference to their growth performance, general development and economic transformation as the backdrop for understanding their comparative achievements in the realms of industrial growth and productivity, and liberalisation and industrial relations. The author has taken care to study the political economy of liberalisation for these booming economies, pointing out that liberalisation has created many negative impacts on labour and labour-capital relations. It has created new areas of contradictions and conflicts and has exacerbated the problems of proletarianisation and casualisation of labour. This book is relevant for both India and China in the present phase of their industrialisation. It is a welcome addition to the literature on the subject and should remain immensely helpful for students of comparative economic development and political economy, economic planners and those who determine public policy.Dr. Burra Srinivas is working as Research Associate with the Centre for Organization Development (COD), a premiere research, training and consultancy organization. He is specialising in the areas of corporate governance, leadership, communication, and human resource management. He has multi-disciplinary skills with political economy perspective. This apart, he is also working on the management of natural resources and its impact on rural/tribal area development. His name is published in Marquis Who's Who in the World, 1999 and 2000, USA.The University of Hyderabad awarded him doctorate in the year 2000 for his thesis in Public Policy. Earlier, he has completed his Master's degree from Mahatma Gandhi University, M.Phil from University of Hyderabad and also LL.B from Osmania University. He has a book and more than 20 publications in Indian and Foreign journals. Prior to joining COD, he was working as an ICSSR Doctoral Fellow at the Centre for Economic & Social Studies (CESS), Hyderabad. As a faculty of COD, he has undertaken a project on ""Soil & Moisture Conservation Works and Tribal Development: Sustainability and Effectiveness"".Currently, he is working on the following projects (i) ""Role of Independent Directors in Company Board"", (ii) ""People and Forests in India, Nepal and Bangladesh- Sustainability of Natural Resource and Enhancing Rural Livelihood: Political Economy Perspective"" and (iii) ""Role Effectiveness of Integrated Tribal Development Agency (ITDA) in Tribal Development of Andhra Pradesh"".