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The Dragon and the Elephant in the 21st century
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The Dragon and the Elephant: The India-China relationship displays bipolar traits
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View more FAQ's about Ebooks. Proceedings: Proceedings published by the National Academies of Sciences, Engineering, and Medicine chronicle the presentations and discussions at a workshop, symposium, or other event convened by the National Academies. The statements and opinions contained in proceedings are those of the participants and are not endorsed by other participants, the planning committee, or the National Academies. The return of the once-dormant economies of China and India to dynamism and growth is one of the most remarkable stories in recent history.
The two countries are home to nearly 40 percent of the world's population, but until recently neither had played an influential role in the contemporary global economy. In the past two decades, China and India have liberalized internal economic policy, treatment of foreign investment, and trade, and have experienced economic growth at sustained high rates.
From the point of view of the United States, however, the most important development in the Chinese and Indian economies in the long term may be the strides they are making in developing their own domestic innovation capacities. Will China still be a repressive and undemocratic regime, embracing free market economics but only when it suits? How aggressive a superpower will it be?
And what about India, whose huge and growing population and economic prospects appear to guarantee prosperity?
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David Smith analyses the ways in which the world is tilting rapidly Eastwards, and examines all the implications of the shift in global power to Beijing, Delhi and Washington — a shift that will creep up on us before we know it. Catalog Educational suggestions.
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