The World under Pressure: How China and India are Influencing the Global Economy and Environment. CARL J. DAHLMAN. Stanford, CA: Stanford University Press, 2012. xxii +301 pp. $65.00. ISBN 978-0-8047-7713-1

2012 ◽  
Vol 210 ◽  
pp. 508-510
Author(s):  
Shalendra D. Sharma
Keyword(s):  
Global Economy ◽  
Stanford University ◽  
China And India ◽  
The World

scholarly journals Commodity goods forecast

2021 ◽  
pp. 57-64
Author(s):  
V.B. Kondratiev
Keyword(s):  
Global Economy ◽  
Iron Ore ◽  
Mining Industry ◽  
Commodity Prices ◽  
The United States ◽  
China And India ◽  
Economic Progress ◽  
The World ◽  
Favorable Period ◽  
New Phase

The last twenty years have been a favorable period for the global economy. Asian economies grew rapidly, which boosted the demand for key commodities such as gold, copper and iron ore, and increased mining employment worldwide. This growth has been largely driven by the process of globalization and the rising welfare of population in the emerging markets such as China and India. The world is now entering a more dangerous phase of its development, as political and economic tensions between China and the United States are increasing and threaten to nullify the results of the economic progress. A rollback to protectionism and de-globalization may occur. Asia has been the engine of the mining industry, and commodity prices have helped to determine the prospects of the mining cycle. A number of commodities, including copper, have rebounded from their lows in recent months. This suggests that a new phase of economic recovery is starting to gain momentum, opening a new phase in the expansion of the global mining sector.

scholarly journals The Role Of China And The United States In The Global Economy Of The 21st Century

2011 ◽  
Vol 7 (2) ◽  
Author(s):  
Prasad Padmanabhan ◽  
San Sedki
Keyword(s):  
Global Economy ◽  
The United States ◽  
Recent Attempt ◽  
China And India ◽  
Consumer Prices ◽  
The World ◽  
General Feeling ◽  
Negative Effect ◽  
India And China ◽  
The U.S

The world is characterized by brutal global competition. When talking about competition during much of the 80s and 90s, we generally refer to the triage of Western European, Japanese, and U.S. firms. Today, we have to add firms from Brazil, Chile, China, and India to this elite bunch. This competition is good for the consumer -- prices of manufactured goods have been kept in check, and there is a general feeling of economic prosperity around the world. According to a recent article in The Economist global output has grown by over 4.3 % annually. The growing middle class in India and China has recorded the sharpest increase in the number of billionaires in the last decade; therefore the world has every reason to feel optimistically euphoric, even if China and India will reap a bigger share of the economic pie. In the words of Drucker, India and China are rapidly transforming their economiesthey can now produce technologically sophisticated and financially rewarding offerings that are diminishing American standards. (Drucker, 2004) The concern with the advent of China has prompted more protectionist oriented legislation against China: textiles. The U.S. Congress also blocked a recent attempt by Chinas China National Offshore Oil Corporation (CNOOC) to acquire Chevron. A recent Harris Poll indicated that 40% of the people surveyed believe that China will be stronger than the U.S. within a decade, and over 50% believe that China will have a negative effect on the U.S. economy.

India and the World Economy

China–India ◽  
2014 ◽  
Author(s):  
Vijay Joshi ◽  
Devesh Kapur
Keyword(s):  
Global Economy ◽  
World Economy ◽  
Economic Policies ◽  
Closed Economies ◽  
China And India ◽  
The People ◽  
The World ◽  
Global Action ◽  
Direction Effect ◽  
Opening Up

The paper aims to analyse three questions which arise naturally in examining India’s closer engagement with the world economy in the last two decades. First, how has it evolved and what is its extent? Second, what is its impact on India? Third, what is its impact on the world? Evolution and Extent: For four decades after independence, India’s economic policies had a marked autarkic bias and by 1990 it had become one of the most closed economies in the world. A major goal of the historic reforms launched in 1991 was to reintegrate the country into the global economy, and there has been a progressive move in this direction Effect on India: In post-independent India, many sceptical voices made dire predictions about the effects of opening up, such as deindustrialisation and destabilisation of the economy, and impoverishment of the people. After opening-up, these alarming prophecies did not materialise. Undesirable features of India’s development, such as inadequate poverty alleviation despite rapid growth, have domestic causes and are not the result of globalisation. Effect on the World: India’s effect on the world economy is growing but has to be seen in the context of China’s simultaneous rapid rise. It is very likely that on all the major contentious global economic issues such as exchange rate coordination, trade liberalisation, and climate change mitigation, global action will have to involve the participation of China and India. For good or ill, China and India will matter in the 21st century both for each other and for the world.

Globalization and interconfessional communications

2001 ◽  
pp. 13-17
Author(s):  
Serhii Viktorovych Svystunov
Keyword(s):  
21St Century ◽  
Global Economy ◽  
Modern World ◽  
The World ◽  
Target Set ◽  
Almost All ◽  
Over Time ◽  
Rapid Appearance

In the 21st century, the world became a sign of globalization: global conflicts, global disasters, global economy, global Internet, etc. The Polish researcher Casimir Zhigulsky defines globalization as a kind of process, that is, the target set of characteristic changes that develop over time and occur in the modern world. These changes in general are reduced to mutual rapprochement, reduction of distances, the rapid appearance of a large number of different connections, contacts, exchanges, and to increase the dependence of society in almost all spheres of his life from what is happening in other, often very remote regions of the world.

Peculiarities of Modern Dynamics of the Global Economy

2010 ◽  
pp. 78-92 ◽  
Author(s):  
V. Klinov
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Business Cycles ◽  
Global Economy ◽  
Long Waves ◽  
Rapid Expansion ◽  
Business Taxation ◽  
Modern World ◽  
China And India ◽  
World Economic

Rates and factors of modern world economic growth and the consequences of rapid expansion of the economies of China and India are analyzed in the article. Modification of business cycles and long waves of economic development are evaluated. The need of reforming business taxation is demonstrated.

The Role of Technological Change in the Long-run Global Economy Forecasting

2013 ◽  
pp. 97-116 ◽  
Author(s):  
A. Apokin
Keyword(s):  
Technological Change ◽  
Data Quality ◽  
Long Range ◽  
Global Economy ◽  
World Economy ◽  
Qualitative Approaches ◽  
Long Run ◽  
The World ◽  
National Economies

The author compares several quantitative and qualitative approaches to forecasting to find appropriate methods to incorporate technological change in long-range forecasts of the world economy. A?number of long-run forecasts (with horizons over 10 years) for the world economy and national economies is reviewed to outline advantages and drawbacks for different ways to account for technological change. Various approaches based on their sensitivity to data quality and robustness to model misspecifications are compared and recommendations are offered on the choice of appropriate technique in long-run forecasts of the world economy in the presence of technological change.

INTERNATIONAL BUSINESS IN THE CONDITION OF THE CORONA-CRISIS

2017 ◽  
Author(s):  
Karina Pasulka ◽  
◽  
Nataliya Kushnir ◽  
Keyword(s):  
International Business ◽  
Global Economy ◽  
German Economy ◽  
Italian Economy ◽  
The World

Introduction. The situation in the global economy and business during the COVID-19 pandemic is analyzed in this article. More than 30 million people worldwide have already been infected with the coronavirus, which came from China. However, the spread of the disease has also had an extremely serious impact on the economies of various countries in the world. The Organization for Economic Co-operation and Development has already said that it will take many years for the world to recover from the pandemic. EU GDP in the second quarter of 2020 showed a record decline - 14.4% year on year. The German economy returned to the level of 2011, the Spanish - in 2002, and the Italian economy was rejected in the early 1990s. These and other characteristics show the importance of research on this topic and problem, because it does not apply to a particular region or a particular country, but the whole world.

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