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The Tiger and the Dragon. Development Models and Perspectives of India and China
Journal of Globalization Studies. 2013. Vol. 4. No. 1. P. 5–31.
In the coming decades in the process of globalization the position of the USA and Europe will weaken, while the role of developing countries will increase. The role of the two largest emerging economies – China and India – will be of special significance. What future will these fast-growing giants face?
The demographers agree that pretty soon India will lead the world in population and thus surpass China, while China will encounter serious ageing population problems. But economic and political scenarios of the future are quite different: from resounding success and world leadership to collapse caused by demographic and socio-political troubles. Which of them is more feasible?
In the present article I analyze the Chinese and Indian development models separately and comparatively and make a forecast of their perspectives in the 21st century. Such an analysis could be helpful for understanding Russia's ways of development
Research target:
Philosophy, Ethics, and Religious Studies
Priority areas:
humanitarian
Language:
English
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Relevance. Twenty-five years after China’s accession to the WTO, the multilat eral trading system faces unprecedented challenges, including institutional pa ralysis, geopolitical fragmentation, and rising protectionism. Against this back drop, China’s trajectory offers a critical case study of how a major non-Western economy can simultaneously integrate into, adapt to, and reshape global trade governance. Yet existing literature often ...
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