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...
Main Authors: | , , |
---|---|
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 |
_version_ |
1764395829621161984 |