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Author: Dhandapani Alagiri
Publisher:
ISBN:
Category : China
Languages : en
Pages : 262
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Book Description
India and China are the two fastest rising economies in the world, as the two nations are progressing on a hectic pace to claim their rightful places in the League of Nations. The contrasting ways in which China and India are developing, and the particula
Author: Dhandapani Alagiri
Publisher:
ISBN:
Category : China
Languages : en
Pages : 262
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Book Description
India and China are the two fastest rising economies in the world, as the two nations are progressing on a hectic pace to claim their rightful places in the League of Nations. The contrasting ways in which China and India are developing, and the particula
Author: W. Ascher
Publisher: Springer
ISBN: 0230107672
Category : Business & Economics
Languages : en
Pages : 282
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Book Description
This book addresses the key challenges of balancing economic growth, poverty alleviation, and environmental protection in the development of major physical infrastructure, ranging from transport to energy.
![India's Infrastructure Development and the Lessons from China's Experences [i.e. Experience] PDF](https://books.google.com/books/content/images/frontcover/_aFztAEACAAJ?fife=w80-h100)
Author: Shu Ma (S.M.)
Publisher:
ISBN:
Category :
Languages : en
Pages : 24
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Book Description
Infrastructure plays an important role in a country's economic development, it is also essential to recover from the financial crisis. The history of developed countries shows that infrastructure contributed a lot in economic development, and maintaining & upgrading infrastructure is also important for running economy smoothly. In developing countries, the quality of infrastructure and its service helps to reduce the production cost, increase the quality of personal life and gain the international competitiveness. India is the third largest country in Asia, it has developed rapidly in the recent years and became more attractive to foreign investment. Since its economic reforms in 1991, The Indian government has been committed to the development of infrastructure and encouraged private sector and foreign direct investment's participation, especially in the recent ten years. Recognizing that the lags of infrastructure development became the bottleneck of its economic growth, the Indian government increased the strength of infrastructure development by more policy and fiscal support. This paper briefly introduces the infrastructure development situation in India and attempts to analyze from infrastructure perspective the advantages and challenges that India has to sustain its economic growth. This research also compares China's rapid economic growth and infrastructure development contribution to it. In examining the successful experience that China has, and problems exposed in its infrastructure development the consequence by performing the massive stimulus financial package in 2008 points out that infrastructure development has positive impact on economic growth, and can directly contribute to the growth. There are limitations to the extent to which infrastructure development can contribute to long term economic stability.
Author: Jagannath P. Panda
Publisher:
ISBN: 9789386618429
Category : Business & Economics
Languages : en
Pages : 0
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Book Description
This book analyses the competing power politics that exists between the three major Asian powers - China, India and Japan - on infrastructural development across the Indo-Pacific. It examines the competing policies and perspectives of these Asian powers on infrastructure developmental initiatives and explores the commonalities and contradictions between them that shape their ideas and interests. In brief, the volume looks into the strategic contention that exists between China`s "Belt and Road Initiative" (BRI; earlier officially known as "One Belt, One Road" - OBOR) and Japan`s "Expanded Partnership for Quality Infrastructure" (PQI) and initiatives like the Asia-Africa Growth Corridor (AAGC) that position India`s geostrategic and geo-economic interests in between these two competing powers and their mammoth infrastructural initiatives.
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: John Cockburn
Publisher: Springer
ISBN: 3319031376
Category : Business & Economics
Languages : en
Pages : 156
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Book Description
Public spending on infrastructure plays an important role in promoting economic growth and poverty alleviation. Empirical studies unequivocally show that under-investment in infrastructure limit economic growth. At the same time, numerous other studies have shown that investment in infrastructure can be a highly effective tool in fighting poverty reduction1. In that context, the financing of infrastructure has been a critical element of most economic growth and poverty reduction strategies in developing countries, since the start of this millennium. This book provides a comparative analysis of the aggregate and sectoral implications of higher spending on infrastructure in three very different Asian countries: China, Pakistan, and the Philippines. Particular attention is paid to the role of alternative financing mechanisms for increasing public infrastructure investment, namely distortionary and non-distortionary means of financing. The book will be of interest to scholars and policy-makers concerned with economic growth in developing countries.
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: Simon Alder
Publisher:
ISBN:
Category :
Languages : en
Pages : 96
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Book Description
This paper uses a general equilibrium trade framework to estimate the contribution of transport infrastructure to regional development. I apply the analysis to India, a country with a notoriously weak and congested transportation infrastructure. I first analyze the development effects of a recent Indian highway project that improved connections between the four largest economic centers. I estimate the effect of this new infrastructure on income across districts using satellite data on night lights. The results show large aggregate gains from the Indian highway project, but unequal effects across regions. China has followed a different highway construction strategy and has experienced more significant convergence across regions than India. I therefore use the model to gauge the effects of a counterfactual highway network for India that replicates the Chinese strategy of connecting intermediate-sized cities. I use an iterative procedure to design a network among the targeted Indian cities that equalizes marginal costs and benefits of building roads within the general equilibrium framework. The results suggest that a network that connects intermediate-sized cities in an approximately optimal way is substantially larger than the existing network, would have large aggregate net gains, and it would benefit the lagging regions of India.
Author: Anthony H Rowley
Publisher: World Scientific
ISBN: 9811218056
Category : Business & Economics
Languages : en
Pages : 190
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Book Description
Foundations of the Future examines the geo-economic and geo-strategic implications of a growing global 'battle' to promote infrastructural connectivity across and between continents of the world. In this context, it highlights the importance of China's Belt and Road Initiative and of corresponding initiatives by the United States, Japan, India and Australia, among others.This book argues that many of the world's most advanced economies have neglected investment in basic infrastructure in recent decades, at a potential cost to their future economic and social development. It examines some of the financial and ideological constraints behind this neglect and argues that advanced economies in general need to adopt fundamental reforms in their approach to infrastructure. By emphasising the 'battle' elements of emerging infrastructure competition among major powers, the book sets out to alert policymakers to the danger of some of these powers losing out in what is becoming a race to stay ahead or even abreast of others in the bid to achieve global physical connectivity.Related Link(s)
Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292577549
Category : Business & Economics
Languages : en
Pages : 235
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Book Description
Infrastructure is essential for development. This report presents a snapshot of the current condition of developing Asia's infrastructure---defined here as transport, power, telecommunications, and water supply and sanitation. It examines how much the region has been investing in infrastructure and what will likely be needed through 2030. Finally, it analyzes the financial and institutional challenges that will shape future infrastructure investment and development.
