Emerging Giants: China and India in the World Economy
- Eichengreen, Barry(Professor of Economics and Political Science, University of California, Berkeley)Gupta, Poonam(Department of Economics, Delhi School of Economics)Kumar, Rajiv(Director and Chief Executive of the Indian Council for Research on International Economic Relations)
AbstractChina 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. Contributors to this volume - Franklin Allen, The Wharton School, University of Pennsylvania Bart van Ark, The Conference Board; University of Groningen Jahangir Aziz, Asia and Pacific Department, the International Monetary Fund Barry Bosworth, The Brookings Institution Rajesh Chakrabarti, Indian School of Business, Hyderabad Vivian Chen, The Conference Board Catherine Y. Co, Department of Economics, University of Nebraska at Omaha Susan Collins, The Brookings Institution and the University of Michigan Sankar De, Centre for Analytical Finance, Indian School of Business, Hyderabad Abdul Azeez Erumban, University of Groningen Aaron Flaaen, The Brookings Institution Poonam Gupta, Department of Economics, Delhi School of Economics Rana Hasan, Asian Development Bank Alan Heston, University of Pennsylvania Fanying Kong, Department of Sociology, Midland Lutheran College, Fremont Przemek Kowalski, Organization for Economic Co-operation and Development Utsav Kumar, The Conference Board, New York Shuangling Lin, Department of Economics, University of Nebraska at Omaha School of Economics, Peking University, Beijing Eswar Prasad, Department of Applied Economics and Management, Cornell University Jun "QJ " Qian, Carroll School of Management, Boston College Meijun Qian, NUS Business School, National University of Singapore Zhi Wang, Office of Economics, United States International Trade Commission Shang-Jin Wei, Graduate School of Business, Columbia University
- Eichengreen, Barry & Gupta, Poonam & Kumar, Rajiv (ed.), 2010. "Emerging Giants: China and India in the World Economy," OUP Catalogue, Oxford University Press, number 9780199575077.Handle: RePEc:oxp:obooks:9780199575077
Download full text from publisherTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
CitationsCitations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
- Buckley, Peter J. & Cross, Adam & De Mattos, Claudio, 2015. "The principle of congruity in the analysis of international business cooperation," International Business Review, Elsevier, vol. 24(6), pages 1048-1060.
- Todd J. Barry, 2016. "Monitoring the International Monetary System: Its Development in the West, and Future in the East," Academic Journal of Economic Studies, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 2(2), pages 114-133, June.
- repec:sls:ipmsls:v:33:y:2017:5 is not listed on IDEAS
More about this item
StatisticsAccess and download statistics
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oxp:obooks:9780199575077. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Economics Book Marketing). General contact details of provider: http://www.oup.com/ .
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
We have no references for this item. You can help adding them by using this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.