Dancing with giants China, India, and the global economy

• Other Authors: Winters, L. Alan (Editor), Yusuf, Shahid 1949- (Editor)
• Format: Book
• Language: English
• Published: Washington, DC World Bank Institute of Policy Studies 2007
• Subjects: China > Foreign economic relations; India > Foreign economic relations; China > Economic policy > 2000-; India > Economic policy > 1991-
• Online Access: Click Here to View Status and Holdings.

 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.