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Gravity Shift: How Asia's New Economic Powerhouses Will Shape the 21st Century by Wendy Dobson: A Book Review

Author

Listed:
  • M Kamraju

    (Lecturer, Shine India College (OU), Hyderabad, India)

Abstract

Gravity in general context is a normal process in which all objects with mass or energy, including worlds, stars, galaxies, and also light, is taken to each other. But in economic terms it explains the nature of centre of gravity of the world economy, the typical place of economic operation around geographies on the surface of the planet. This book mainly focuses on rapid growth, diversity and strategic importance of the rising Chinese and Indian economies for the future. The book starts with few questions. Can India and China sustain their current growth rate? What impact will their rapid growth have on the world economy? Will these two economies produce everything? Will the effects of their industrialization on pollution and greenhouse gas emission overwhelm the global commons? Will the economic dynamism of China and India shift the patterns of power and bring in a new world economic order, as is often popularly assumed?

Suggested Citation

  • M Kamraju, 2019. "Gravity Shift: How Asia's New Economic Powerhouses Will Shape the 21st Century by Wendy Dobson: A Book Review," Journal of Business and Management Studies, Al-Kindi Center for Research and Development, vol. 1(1), pages 7-11, August.
    • Handle: RePEc:alk:jbms00:v:1:y:2019:i:1:id:37
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