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China, India and Beyond
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China, India and Beyond

Development Drivers and Limitations

9781847206954 Edward Elgar Publishing
Edited by Natalia Dinello, Principal Political Scientist, Global Development Network, New Delhi, India and Wang Shaoguang, Professor, Chinese University of Hong Kong and Tsinghua University, China
Publication Date: 2009 ISBN: 978 1 84720 695 4 Extent: 296 pp
China, India and Beyond challenges the widespread belief that China and India will be the driving forces of the global economy in the 21st century. Scholars of these two countries offer scenarios ranging from buoyant to subdued to negative, depending on how they evaluate the drivers of development (market-oriented reforms, global integration and investment in human capital), and its limitations (infrastructure bottlenecks, environmental degradation and institutional frailties). The book covers a broad set of topics, including international trade and investment, health care and grassroots democracy. Readers from all countries will benefit from this cogent analysis of the delicate balance among various ingredients of successful development versus failure.

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China, India and Beyond challenges the widespread belief that China and India will be the driving forces of the global economy in the 21st century.

Scholars of these two countries offer scenarios ranging from buoyant to subdued to negative, depending on how they evaluate the drivers of development (market-oriented reforms, global integration and investment in human capital), and its limitations (infrastructure bottlenecks, environmental degradation and institutional frailties). The book covers a broad set of topics, including international trade and investment, health care and grassroots democracy. Readers from all countries will benefit from this cogent analysis of the delicate balance among the various ingredients of successful development versus failure.

This timely book will appeal to political scientists, economists and other social scientists conducting research and teaching courses in political economy, development studies, globalization and public policy. Policy-oriented researchers and policymakers will also find this study an important resource.
Contributors
Contributors: S. Acharya, R. Álvarez, J.W. Björkman, S. Claro, N. Dinello, D. Dollar, C. Fang, W. Meiyan, M. Parameswaran, A.V. Raman, W. Shaoguang, Y. Shen, L. Summers, C. Veeramani, D. Yang, Y. Yao, L.Y. Yueh, W. Zhou
Contents
Contents:

Foreword: The Asian Miracle and its Implications
Lawrence Summers

Introduction
Natalia Dinello and Wang Shaoguang

PART I: CHINA’S BOOM AND INDIA’S GROWTH
1. Perspectives on China’s Economic Growth: Prospects and Wider Impact
Linda Y. Yueh

2. India’s Growth: Past and Future
Shankar Acharya

3. Asian Century or Multipolar Century?
David Dollar

PART II: DRIVERS AND LIMITATIONS OF DEVELOPMENT
4. Specialization Patterns under Trade Liberalization: Evidence from India and China
Choorikkadan Veeramani

5. Sources of China’s Export Growth
Roberto Álvarez and Sebastián Claro

6. Trade Liberalization and R&D Investment: Evidence from Manufacturing Firms in India
Mavannoor Parameswaran

7. Public–Private Partnership in the Provision of Health Care Services to the Poor in India
A. Venkat Raman and James Warner Björkman

8. Labor Market Informalization and Implications for Sustainable Growth
Du Yang, Cai Fang and Wang Meiyan

9. Financing China’s Entrepreneurs: The Role of Legislative Membership
Wubiao Zhou

10. Grassroots Democracy, Accountability and Income Distribution: Evidence from Rural China
Yan Shen and Yang Yao

Index
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