China–India

China and India, the world’s most populous countries, have rapidly developing economies that are shaping world politics in the 21st century. They are often compared in terms of lagged outcomes and contrasted trajectories. The present volume aims to examine more closely their commonalities as well as differences. In sections covering domestic economy, international economy, demography, migration and labour, and the environment, paired chapters examine each country. Probing behind the obvious contrasts, the essays disclose important ways in which the two countries are alike in facing the problems produced in large, formerly agrarian societies by rapid economic development and interaction with the global economy.

2010 ◽  
pp. 78-92 ◽  
Author(s):  
V. Klinov

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.


Author(s):  
Jorge Torres Zorrilla

The situation Peru is facing with the global COVID-19 pandemic and the economic recession during this 2020 constitutes the worst crisis over the last 100 years. This economic recession has not happened since the crisis of 1980. GPD may decline by 15 % this year. Also, the perspective on global economy is terrible and a sharp contraction of global GDP is expected. On the other hand, the period between 2020 and 2021 will be considered as years of economic development lost. Specifically, receptive tourism in Peru is in danger of extinction because of the pandemic. Activity in the tourism market, which gives employment to 1.4 million people who are mainly women, is in total collapse. This article aims to make a proposal to help tourism sales recover their position as the most important section of service exports in Peru. The proposal is intended to encourage a non-traditional form of tourism in the tropical coast of the north of the country that should complement the traditional archeological tourism. The conclusions make emphasis on the fact that, at present, Peru is not exploiting its historical richness or using its comparative advantage in tourism, which could become a leading sector of domestic economy. Finally, our thesis is based on the notion that, from 2021 onwards, the recovery of the Peruvian economy must necessarily be based on exploiting the recovery of external demand rather than putting our trust in domestic demand growth.


Author(s):  
Alina Sajed

The engagement between the discipline of international relations (IR) and feminist theory has led to an explosion of concerns about the inherent gendered dimension of a supposedly gender-blind field, and has given rise to a rich and complex array of analyses that attempt to capture the varied aspects of women’s invisibility, marginalization, and objectification within the discipline. The first feminist engagements within IR have pointed not only to the manner in which women are rendered invisible within the field, but also to IR’s inherent masculinity, which masks itself as a neutral and universally valid mode of investigation of world politics. Thus, the initial feminist incursions into IR’s discourse took the form of a conscious attempt both to bridge the gap between IR and feminist theory and to bring gender into IR, or, in other words, to make the field aware that “women are relevant to policy.” In the 1990s, feminist literature undertook incisive analyses of women’s objectification and commodification within the global economy. By the end of the 1990s and into the first decade of the 21st century, the focus turned to an accounting for the agency of diverse women as they are located within complex sociopolitical contexts. The core concern of this inquiry lay with the diversification of feminist methodologies, especially as it related to the experience of women in non-Western societies.


2012 ◽  
Vol 26 (2) ◽  
pp. 41-64 ◽  
Author(s):  
Gordon H Hanson

In this paper, I examine changes in international trade associated with the integration of low- and middle-income countries into the global economy. Led by China and India, the share of developing economies in global exports more than doubled between 1994 and 2008. One feature of new trade patterns is greater South-South trade. China and India have booming demand for imported raw materials, which they use to build cities and factories. Industrialization throughout the South has deepened global production networks, contributing to greater trade in intermediate inputs. A second feature of new trade patterns is the return of comparative advantage as a driver of global commerce. Growth in low- and middle-income nations makes specialization according to comparative advantage more important for the global composition of trade, as North-South and South-South commerce overtakes North-North flows. China's export specialization evolves rapidly over time, revealing a capacity to speed up product ladders. Most developing countries hyper-specialize in a handful of export products. The emergence of low- and middle-income countries in trade reveals significant gaps in knowledge about the deep empirical determinants of export specialization, the dynamics of specialization patterns, and why South-South and North-North trade differ.


Author(s):  
Peter J. Buckley

This paper examines the role of China in the international economy and the changing relationship between the two. China is currently undergoing a transition from investment and export-led growth to an economy more based on consumption expenditure. This involves a major readjustment of the domestic economy and its international relationships. Foreign direct investment which has been a key stimulus to growth and to exports is now being diverted to serving the domestic consumer and is also being encouraged to relocate from the coast regions to Western China. These strategies imply a shift from “made in China” to “created in China” which involves a move from cheap labour intensive production to higher value activities. This must be conducted in the face of a relative slow down in Chinese growth and the effort to correct the imbalances such as income distribution and coastal/inland inequalities. Current turbulence in the global economy notably the Eurozone exacerbates policy difficulties.


2001 ◽  
pp. 13-17
Author(s):  
Serhii Viktorovych Svystunov

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.


2015 ◽  
pp. 152-159 ◽  
Author(s):  
T. Leonova

Lending capital, credit and debt financing have been around and used to fuel economic development since the time immemorial. There are innumerable studies by international and Russian scholars that look into the evolution of these notions and lending instruments employed. The collective monograph edited by A. Porokhovsky and published by the MSU in 2014 intends to provide an all-around political and economic as well as applied review of the current debt issues faced by the global economy, national economies of Russia, U.S.A. and countries of the European Union. It uses a variety of academic and methodological postulates that range from the reproduction approach to modern macroeconomic doctrines.


2020 ◽  
Vol 16 (4) ◽  
pp. 745-758
Author(s):  
S.N. Larin ◽  
E.Yu. Khrustalev ◽  
N.V. Noakk

Subject. Currently, as the global economy evolves, its innovative components should demonstrate a tendency of accelerated growth as intellectual capital, information technologies, increasing knowledge and digitization of mushrooming production processes. Nowadays, intellectual capital is one of the economic development drivers. However, the economic community is found to have no generally accepted wording of the concept, thus laying the basis for this article. Objectives. The study sums up the analysis of approaches used by the Russian and foreign economists to determining the economic substance of intellectual capital. We also identify the importance of human capital as its components and specify the definition of the concept. Methods. The article overviews and analyzes proceedings by the most renowned authors, which substantiate how the economic substance of intellectual capital should be unveiled, and suggest its definitions. Results. We specified the definition of intellectual capital concerning the current economic development. We suggest integrating a new component into intellectual capital, such as intellectual property, which includes products of intellectual activity and intangible assets. They can be owned by the entity or other legal entities and individuals, including some employees of the entity. Conclusions and Relevance. The specified definition of intellectual capital will help address issues of sustainable economic development and ensure the competitiveness of the Russian entities nationwide and worldwide, since it directly contributes to intellectual capital and its components.


2020 ◽  
pp. 75-83
Author(s):  
L.Z. Khalishkhova ◽  
A.Kh. Temrokova ◽  
I.R. Guchapsheva

The article is devoted to the issues of measuring environmentally oriented economic development. The current stage of economic development requires the integration of environmental development, taking into account: environmental boundaries, biosphere processes, social problems, human needs and environmental processes. A green economy can become the main point of growth for the modern global economy. The article presents a complex of measures for the transition to a green economy, as well as tools for their implementation.


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