Dancing with Giants: China, India, and the Global Economy

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Cover of the book Dancing with Giants: China, India, and the Global Economy by Alan Winters, Shahid Yusuf, World Bank Publications
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Author: Alan Winters, Shahid Yusuf ISBN: 9780821367506
Publisher: World Bank Publications Publication: January 10, 2007
Imprint: Language: English
Author: Alan Winters, Shahid Yusuf
ISBN: 9780821367506
Publisher: World Bank Publications
Publication: January 10, 2007
Imprint:
Language: English
China is now the world's fourth largest economy and growing very fast. India's economic salience is also on the rise. Together these two countries will profoundly influence the pace and nature of global economic change. Drawing upon the latest research, this volume analyzes the influences on the rapid future development of these two countries and examines how their growth is likely to impinge upon other countries. It considers international trade, industrialization, foreign investment and capital flows, and the implications of their broadening environmental footprints. It also discusses how the two countries have tackled poverty, inequality and governance issues and whether progress in these areas will be a key to rapid and stable growth.
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China is now the world's fourth largest economy and growing very fast. India's economic salience is also on the rise. Together these two countries will profoundly influence the pace and nature of global economic change. Drawing upon the latest research, this volume analyzes the influences on the rapid future development of these two countries and examines how their growth is likely to impinge upon other countries. It considers international trade, industrialization, foreign investment and capital flows, and the implications of their broadening environmental footprints. It also discusses how the two countries have tackled poverty, inequality and governance issues and whether progress in these areas will be a key to rapid and stable growth.

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