Dancing with Giants: China, India, and the Global Economy / Edition 1

Dancing with Giants: China, India, and the Global Economy / Edition 1

by L. Alan Winters
     
 

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

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Overview

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.

Product Details

ISBN-13:
9780821367490
Publisher:
World Bank Publications
Publication date:
01/10/2007
Series:
Stand Alones Series
Edition description:
New Edition
Pages:
288
Product dimensions:
5.90(w) x 8.90(h) x 0.70(d)

Table of Contents


Foreword     vii
Contributors     x
Acknowledgments     xi
Background Papers     xiii
Acronyms and Abbreviations     xv
Introduction: Dancing with Giants   L. Alan Winters   Shahid Yusuf     1
China and India Reshape Global Industrial Geography   Shahid Yusuf   Kaoru Nabeshima   Dwight H. Perkins     35
Competing with Giants: Who Wins, Who Loses?   Betina Dimaranan   Elena Ianchovichina   Will Martin     67
International Financial Integration of China and India   Philip R. Lane   Sergio L. Schmukler     101
Energy and Emissions: Local and Global Effects of the Giants' Rise   Zmarak Shalizi     133
Partially Awakened Giants: Uneven Growth in China and India   Shubham Chaudhuri   Martin Ravallion     175
Governance and Economic Growth   Philip Keefer     211
References     243
Index     265

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