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Pot schimba India şi China polaritatea lumii ?
[Can India and China change the world polarity?]

Author

Listed:
  • Georgescu, George

Abstract

India and China are without doubt two superpowers in becoming, as they jointly own 40% of the world’s population and about 20% from the global economy. Their accelerated growth paces (8 – 9 % in the last decade) put to hard trials the scenarios of world’s development for a larger time horizon, which, in general, approach them independently. But, since the economic development of states in the globalization era relies decisively on the evolution of political interests games at planetary scale, the hypothesis of a strategic Indian-Chinese alliance determines another configuration of the future map of world’s economy than the one perceived as predictable in the present. For better evaluation of such a possibility, we present in the following some recent economic earmarks of India’s, respectively China’s development, as well as, in conclusion some considerations with respect to the current fields of joint strategic interest of the two states, and their possible alliance.

Suggested Citation

  • Georgescu, George, 2005. "Pot schimba India şi China polaritatea lumii ? [Can India and China change the world polarity?]," MPRA Paper 42135, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:42135
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    File URL: https://mpra.ub.uni-muenchen.de/42135/1/MPRA_paper_42135.pdf
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    References listed on IDEAS

    as
    1. International Monetary Fund, 2005. "Crouching Tiger, Hidden Dragon; What Are the Consequences of China’s WTO Entry for India’s Trade?," IMF Working Papers 05/101, International Monetary Fund.
    2. Eswar S Prasad & Qing Wang & Thomas Rumbaugh, 2005. "Putting the Cart Before the Horse? Capital Account Liberalization and Exchange Rate Flexibility in China," IMF Policy Discussion Papers 05/1, International Monetary Fund.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    world development; world polarity; globalization; China; India;

    JEL classification:

    • F02 - International Economics - - General - - - International Economic Order and Integration

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