How Will Growth in China and India Affect the World Economy?

China and India are rapidly growing, labor-abundant economies with very different export mixes. China is more integrated into global production sharing for manufactures, while services exports are more important for India. Even assuming India integrates more comprehensively into global production ch...

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Main Authors: Dimaranan, Betina, Ianchovichina, Elena, Martin, Will
Format: Journal Article
Language:EN
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/10986/5653
id okr-10986-5653
recordtype oai_dc
spelling okr-10986-56532021-04-23T14:02:23Z How Will Growth in China and India Affect the World Economy? Dimaranan, Betina Ianchovichina, Elena Martin, Will Country and Industry Studies of Trade F140 Macroeconomic Analyses of Economic Development O110 International Linkages to Development Role of International Organizations O190 Measurement of Economic Growth Aggregate Productivity Cross-Country Output Convergence O470 Socialist Systems and Transitional Economies: National Income, Product, and Expenditure Money Inflation P240 Socialist Institutions and Their Transitions: International Trade, Finance, Investment, and Aid P330 China and India are rapidly growing, labor-abundant economies with very different export mixes. China is more integrated into global production sharing for manufactures, while services exports are more important for India. Even assuming India integrates more comprehensively into global production chains, there will be opportunities for rapid growth in both countries. Improvement in the range and quality of their exports can create substantial welfare benefits for the world, and for China and India, and can offset the terms-of-trade losses otherwise associated with rapid export growth. Most countries will need to respond to increased competition in some sectors, and to greater opportunities in others. 2012-03-30T07:33:52Z 2012-03-30T07:33:52Z 2009 Journal Article Review of World Economics/Weltwirtschaftliches Archiv 16102878 http://hdl.handle.net/10986/5653 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article China India
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language EN
topic Country and Industry Studies of Trade F140
Macroeconomic Analyses of Economic Development O110
International Linkages to Development
Role of International Organizations O190
Measurement of Economic Growth
Aggregate Productivity
Cross-Country Output Convergence O470
Socialist Systems and Transitional Economies: National Income, Product, and Expenditure
Money
Inflation P240
Socialist Institutions and Their Transitions: International Trade, Finance, Investment, and Aid P330
spellingShingle Country and Industry Studies of Trade F140
Macroeconomic Analyses of Economic Development O110
International Linkages to Development
Role of International Organizations O190
Measurement of Economic Growth
Aggregate Productivity
Cross-Country Output Convergence O470
Socialist Systems and Transitional Economies: National Income, Product, and Expenditure
Money
Inflation P240
Socialist Institutions and Their Transitions: International Trade, Finance, Investment, and Aid P330
Dimaranan, Betina
Ianchovichina, Elena
Martin, Will
How Will Growth in China and India Affect the World Economy?
geographic_facet China
India
relation http://creativecommons.org/licenses/by-nc-nd/3.0/igo
description China and India are rapidly growing, labor-abundant economies with very different export mixes. China is more integrated into global production sharing for manufactures, while services exports are more important for India. Even assuming India integrates more comprehensively into global production chains, there will be opportunities for rapid growth in both countries. Improvement in the range and quality of their exports can create substantial welfare benefits for the world, and for China and India, and can offset the terms-of-trade losses otherwise associated with rapid export growth. Most countries will need to respond to increased competition in some sectors, and to greater opportunities in others.
format Journal Article
author Dimaranan, Betina
Ianchovichina, Elena
Martin, Will
author_facet Dimaranan, Betina
Ianchovichina, Elena
Martin, Will
author_sort Dimaranan, Betina
title How Will Growth in China and India Affect the World Economy?
title_short How Will Growth in China and India Affect the World Economy?
title_full How Will Growth in China and India Affect the World Economy?
title_fullStr How Will Growth in China and India Affect the World Economy?
title_full_unstemmed How Will Growth in China and India Affect the World Economy?
title_sort how will growth in china and india affect the world economy?
publishDate 2012
url http://hdl.handle.net/10986/5653
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