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Author: Betina Dimarianan
Publisher: World Bank Publications
ISBN:
Category : Commercial policy
Languages : en
Pages : 32
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Book Description
Abstract: Although both China and India are labor-abundant and dependant on manufactures, their export mixes are very different. Only one product-refined petroleum-appears in the top 25 products for both countries, and services exports are roughly twice as important for India as for China, which is much better integrated into global production networks. Even assuming India also begins to integrate into global production chains and expands exports of manufactures, there seems to be opportunity for rapid growth in both countries. Accelerated growth through efficiency improvements in China and India, especially in their high-tech industries, will intensify competition in global markets leading to contraction of the manufacturing sectors in many countries. Improvement in the range and quality of exports from China and India has the potential to create substantial welfare benefits for the world, and for China and India, and to act as a powerful offset to the terms-of-trade losses otherwise associated with rapid export growth. However, without efforts to keep up with China and India, some countries may see further erosion of their export shares and high-tech manufacturing sectors.
Author: Betina Dimarianan
Publisher: World Bank Publications
ISBN:
Category : Commercial policy
Languages : en
Pages : 32
Get Book Here
Book Description
Abstract: Although both China and India are labor-abundant and dependant on manufactures, their export mixes are very different. Only one product-refined petroleum-appears in the top 25 products for both countries, and services exports are roughly twice as important for India as for China, which is much better integrated into global production networks. Even assuming India also begins to integrate into global production chains and expands exports of manufactures, there seems to be opportunity for rapid growth in both countries. Accelerated growth through efficiency improvements in China and India, especially in their high-tech industries, will intensify competition in global markets leading to contraction of the manufacturing sectors in many countries. Improvement in the range and quality of exports from China and India has the potential to create substantial welfare benefits for the world, and for China and India, and to act as a powerful offset to the terms-of-trade losses otherwise associated with rapid export growth. However, without efforts to keep up with China and India, some countries may see further erosion of their export shares and high-tech manufacturing sectors.
Author: Betina Dimaranan
Publisher:
ISBN:
Category :
Languages : en
Pages : 32
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Book Description
Although both China and India are labor-abundant and dependant on manufactures, their export mixes are very different. Only one product-refined petroleum-appears in the top 25 products for both countries, and services exports are roughly twice as important for India as for China, which is much better integrated into global production networks. Even assuming India also begins to integrate into global production chains and expands exports of manufactures, there seems to be opportunity for rapid growth in both countries. Accelerated growth through efficiency improvements in China and India, especially in their high-tech industries, will intensify competition in global markets leading to contraction of the manufacturing sectors in many countries. Improvement in the range and quality of exports from China and India has the potential to create substantial welfare benefits for the world, and for China and India, and to act as a powerful offset to the terms-of-trade losses otherwise associated with rapid export growth. However, without efforts to keep up with China and India, some countries may see further erosion of their export shares and high-tech manufacturing sectors.
Author: Amitendu Palit
Publisher: Routledge
ISBN: 1351571990
Category : Business & Economics
Languages : en
Pages : 212
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Book Description
A review of the existing literature on the China-India comparative theme conveys the distinct impression that the literature largely projects China and India as intrinsically competitive entities. While much has been written on where and why China and India are contesting, particularly from a political sense, very little attention has been devoted to mutual collaboration, whether existing or potential. Such possibilities are at their greatest in economics, which will dominate the future China-India relationship.This book explores Sino-Indian ties from a comparative economic perspective and argues that it is erroneous to visualise the ties either from exclusively competitive or collaborative perspectives. The future relationship between the two countries will be characterised simultaneously by two Cs: competition and collaboration, which are both linked to common challenges facing them. Arguing that while competition in the economic sphere is inevitable, given their size and aspirations, the book contends that negative externalities from competition will encourage both countries to collaborate and expand the scope of such collaboration. The book's refreshing angle makes it a must-read for those interested in Sino-Indian relationship.
Author: A. Santos-Paulino
Publisher: Springer
ISBN: 0230282091
Category : Business & Economics
Languages : en
Pages : 303
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Book Description
This volume is a timely addition to the emerging literature on the rise of China and India, focusing on how rapid economic growth and geopolitical changes in these countries are reshaping the world economy and global governance. It covers issues such as productivity, labor market, trade competition, and energy.
Author: Nobuharu Yokokawa
Publisher: Routledge
ISBN: 113409387X
Category : Business & Economics
Languages : en
Pages : 240
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Book Description
This book provides new perspectives on recent Asian dynamism which go beyond the mainstream views, by attempting to situate the recent economic expansion within a broader analysis of capitalist accumulation and the various processes that it generates both within and across economies. The contributions in the book include analyses of recent growth patterns in both China and India; assessments of the sustainability of such growth and potential constraints and pitfalls; the role of international finance in affecting both national and international growth and employment patterns; the factors determining particular accumulation strategies and the results of these strategies. These forces within the two economies of China and India are situated within a broader assessment of the impacts on the world economy, by identifying long run tendencies in international capitalism and changing patterns of uneven development. Specific issues emerging within the Asian region are identified, including not just the relations between the three large Asian economies, but also the wider geopolitical implications as well as the political economy of these changes. This book therefore provides a more comprehensive examination of the longer run dynamics of the global capitalist system in which these economies are necessarily destined to play more significant roles in future.
Author: Barry Eichengreen
Publisher: OUP Oxford
ISBN: 0191614513
Category : Business & Economics
Languages : en
Pages : 402
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Book Description
China and India are the two most populous countries in the world and now also two of the fastest growing. By sheer virtue of the fact that China and India are home to 2.4 billion people - two-fifths of the world's population - the rapid growth of their economies has far-reaching implications not just for global living standards and poverty reduction but also for competitiveness and distribution of income in the rest of the world. Commensurate with their economic progress, there has been a surge of interest in the nature and implications of China and India's economic growth. There are several apparent similarities in the development process of China and India: both are home to ancient civilizations that have bequeathed distinctive attitudes, institutions, and traditions. Both have very large populations. Both have performed well economically for more than two decades. However there are important differences that can be seen beneath the surface. China started the current reform process in 1978 - that is, almost fifteen years before India. The two countries have very different political systems. Their development models differ fundamentally as well. China has opened up much more than India to foreign trade and foreign direct investment, while India has a better developed banking system. Growth in the two countries has been driven by different sectors - Chinese growth by manufacturing and Indian growth by services. This volume brings together some of the best research on issues related to the growth experience of China and India and places these issues in a comparative perspective. It contains papers written by some of the leading academic and experts in the world on issues ranging from the roles of China and India in the world economy, contrasts in their development experience, and challenges to sustaining growth.
Author: Yanrui Wu
Publisher: World Scientific
ISBN: 9814466611
Category : Business & Economics
Languages : en
Pages : 174
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Book Description
Due to their sheer size and stake in the global economy, China and India have long been identified as the two giant economies of Asia. This book presents a highly engaging comparative study on the economic growth of China and India by examining the significance of the role of productivity in economic growth as well as their relations with regional partners. Through detailed analysis of trade, services, energy and pollution, readers are invited to follow the two distinctive development trajectories taken by the two countries, as well as challenged to consider the issue of sustainability of growth in the future.
Author: Saraf
Publisher: Macmillan
ISBN: 9780230636064
Category : Capital movements
Languages : en
Pages : 198
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Book Description
India and China are often described as Asia s unidentical twins . They are two unique countries with different histories and contrasting models of development. The usual comparison between these two countries takes into account only a few selected economic parameters and is biased in favour of China. This book aims to provide a comprehensive picture of the Indian and Chinese economies and demystify various myths surrounding them. There are voluminous reports and books available on each of the topics that are covered in this book, but they are generally restricted to researchers, academicians and scholars. On the other hand, there are thousands of articles comparing India and China, which give a glimpse of the two countries but leave a reader wanting more. India and China: Comparing The Incomparable aims to strike a balance and provide a more complete picture by comparing India and China across a wide range of economic and developmental parameters.India and China: Comparing the Incomparable analyses the advantages and disadvantages of different models of growth adopted by India and China. The book:" Presents a comprehensive comparison of China and India on a variety of dimensions using the most recent data " Captures the debates around the sustainability of the development models of the two countries" Provides a broad perspective on the ongoing economic reform processes in the two countries" Rectifies the superficial analysis that is often carried out to compare the two economies " Addresses issues of common interest such as, Why are Chinese exports cheap and will they always remain cheap? , Is the Chinese currency undervalued? , Can India overtake China? , etc" Does not involve heavy jargon or complicated modes, which makes it accessible to a large readership
Author: Anil K. Gupta
Publisher: John Wiley & Sons
ISBN: 0470284242
Category : Business & Economics
Languages : en
Pages : 272
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Book Description
This book is the first strategic guide for multi-national corporations (MNCs)who are contemplating expanding into both China and India. Gupta and Wang explain how many MNCs view China and India solely from the lens of off-shoring and cost-reduction, and focusing their marketing strategies on only the top 5-10% of the population. This is a missed opportunity. China and India are the only two countries that constitute four realities that are strategically crucial for the global enterprise: Both provide mega-markets for almost every product and service Both have platforms that will dramatically reduce the company's global cost structure Both have platforms that will significantly boost the company's global technology and innovation base Both are springboards for the mergence of new fearsome global competitors. This book aims to shed light on the brutal competition for markets and resources in China and India as well as lays out the strategic action implications for those companies who want to emerge as the global players of tomorrow.
Author: Kishore Mahbubani
Publisher: Springer Nature
ISBN: 9811668116
Category : Asia
Languages : en
Pages : 250
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Book Description
This open access book consists of essays written by Kishore Mahbubani to explore the challenges and dilemmas faced by the West and Asia in an increasingly interdependent world village and intensifying geopolitical competition. The contents cover four parts: Part One The End of the Era of Western Domination. The major strategic error that the West is now making is to refuse to accept this reality. The West needs to learn how to act strategically in a world where they are no longer the number 1. Part Two The Return of Asia. From the years 1 to 1820, the largest economies in the world were Asian. After 1820 and the rise of the West, however, great Asian civilizations like China and India were dominated and humiliated. The twenty-first century will see the return of Asia to the center of the world stage. Part Three The Peaceful Rise of China. The shift in the balance of power to the East has been most pronounced in the rise of China. While this rise has been peaceful, many in the West have responded with considerable concern over the influence China will have on the world order. Part Four Globalization, Multilateralism and Cooperation. Many of the world's pressing issues, such as COVID-19 and climate change, are global issues and will require global cooperation to deal with. In short, human beings now live in a global village. States must work with each other, and we need a world order that enables and facilitates cooperation in our global village.
