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The World Under PressureHow China and India Are Influencing the Global Economy and Environment$
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Carl Dahlman

Print publication date: 2011

Print ISBN-13: 9780804777131

Published to Stanford Scholarship Online: June 2013

DOI: 10.11126/stanford/9780804777131.001.0001

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How Will the World Adjust to the Swift Ascent of China and India?

How Will the World Adjust to the Swift Ascent of China and India?

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(p.209) Chapter 8 How Will the World Adjust to the Swift Ascent of China and India?
Source:
The World Under Pressure
Publisher:
Stanford University Press
DOI:10.11126/stanford/9780804777131.003.0008

The rapid economic growth of China and India is creating tensions worldwide. Whether these tensions can be handled in a cooperative way or whether they will increase and cause major disruptions will depend on the actions of the main powers. This chapter examines four scenarios: the world's current situation, a more desirable scenario, and two less desirable ones. It argues that the current scenario is turning into an undesirable scenario and looks at some of the issues that must be addressed to achieve a more desirable scenario. It also explores the implications of the evolving system for other developing countries in terms of population and income. China and India account for 37 percent of the world's population while the rest of the developing world accounts for another 47 percent. In order to have a smooth transition toward a more sustainable and more equitable global system, one that accommodates the rise of developing countries, this chapter argues that China, the United States, and the European Union must act beyond their narrow self-interests for the greater global welfare.

Keywords:   United States, developing countries, population, income, European Union

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