Industralization of China and India: Their Impacts on the World Economy
Nobuharu Yokokawa, Jayati Ghosh, Bob Rowthorn
Routledge, Apr 12, 2013 - Business & Economics - 256 pages
This book provides new perspectives on recent Asian dynamism which go beyond the mainstream views, by attempting to situate the recent economic expansion within a broader analysis of capitalist accumulation and the various processes that it generates both within and across economies. The contributions in the book include analyses of recent growth patterns in both China and India; assessments of the sustainability of such growth and potential constraints and pitfalls; the role of international finance in affecting both national and international growth and employment patterns;
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accumulation regime advanced economies agricultural Amount Ratio Asian capital accumulation capitalist economy catching-up cent of GDP China and India Chinese economy comparative advantage competition deficit developing countries dynamic comparative advantage dynamic industries East Asia economic development economic growth employees employment European Union exchange rate exports Figure flying geese pattern foreign growth rate guerrilla handset high-tech high-technology important income increased Indian economy ITT policies Japan Japanese companies Japanese firms Korea labour market labour power labour-intensive manufacturing Marukawa mass capitalism means of production ment million Musashi University National Science Board neo-liberal nomic output ownership of means period private sector productivity growth profit public ownership real wages result rise Robert Rowthorn Rowthorn rural share Shenzhen social socialist market economy state-owned enterprises Statistics strategy Table Taiwan theory tion Tokyo trade trend United urban value added Wenzhou workers world economy