Jump to ContentJump to Main Navigation
The World Under PressureHow China and India Are Influencing the Global Economy and Environment$
Users without a subscription are not able to see the full content.

Carl Dahlman

Print publication date: 2011

Print ISBN-13: 9780804777131

Published to Stanford Scholarship Online: June 2013

DOI: 10.11126/stanford/9780804777131.001.0001

Show Summary Details
Page of

PRINTED FROM STANFORD SCHOLARSHIP ONLINE (www.stanford.universitypressscholarship.com). (c) Copyright Stanford University Press, 2018. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a monograph in SSO for personal use (for details see www.stanford.universitypressscholarship.com/page/privacy-policy).date: 24 September 2018

Understanding the Rapid Rise of China and India

Understanding the Rapid Rise of China and India

(p.45) Chapter 3 Understanding the Rapid Rise of China and India
The World Under Pressure
Stanford University Press

This chapter examines the economic rise of China and India and the reasons for their rapid economic growth. It first provides some basic comparative data on China, India, and the United States before assessing some of the similarities in their history. It then considers the aggregate growth of China and India by focusing on the economist's basic production function. It shows that quick labor force and capital growth are partly responsible for their rapid growth and the differences in their growth rate. The chapter also looks at differences in forms of government and development strategies between the two countries and shows that such differences account for differences in performance in growth and welfare, industrial structure, and educational strategies. China and India have also differed in the way they have tapped global knowledge through trade, technology licensing, foreign education, foreign direct investment, and copying and reverse engineering. The chapter concludes by contending that the success of both China and India is related to their transition toward the market and their inclusion into the international economic system.

Keywords:   United States, labor force, capital growth, welfare, industrial structure, foreign direct investment, technology licensing

Stanford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us.