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Will India become a world economy power?

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  • Incaltarau, Cristian

Abstract

India's economic rise during the last decades has surprised most of the economists, including the Nobel Laureate Paul Krugman. Which are the ingredients of such an economic roadmap and why hasn’t India's economy boosted along with those of the "Asian tigers" during the 80s or later, with China’s economy? Once India became an important economic player, it can no longer be neglected in international political relations as the struggle for world supremacy became more an economic and technological competition, military rivalry going in the background. How can India maintain growth rates at such a high level? What are the prospects regarding economic and political relations between India and China?

Suggested Citation

  • Incaltarau, Cristian, 2010. "Will India become a world economy power?," MPRA Paper 28658, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:28658
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    File URL: https://mpra.ub.uni-muenchen.de/28658/1/MPRA_paper_28658.pdf
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    References listed on IDEAS

    as
    1. N. Satyanarayana Murthy & Manoj Panda & Kirit Parikh, 2007. "CO2 Emission Reduction Strategies and Economic Development of India," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, vol. 1(1), pages 85-118, March.
    2. Ashok Guha & Amit S. Ray, 2004. "India and Asia in the World Economy: The Role of Human Capital and Technology," International Studies, , vol. 41(3), pages 299-311, August.
    3. Bhupal Singh, 2009. "Structural Shifts in the Current Account of India's Balance of Payments," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, vol. 3(2), pages 133-171, April.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    India; China; economic power; world economy; knowledge economy; human capital;
    All these keywords.

    JEL classification:

    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
    • F59 - International Economics - - International Relations, National Security, and International Political Economy - - - Other
    • F02 - International Economics - - General - - - International Economic Order and Integration

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