China and India in the Age of Globalization

This book explores how the interplay of socio-historical, political, and economic forces has transformed China and India into economic powerhouses.

Shalendra D. Sharma (Author)

9780521731362, Cambridge University Press

Paperback, published 20 July 2009

336 pages, 4 maps 26 tables
23.5 x 15.4 x 1.8 cm, 0.47 kg

"This is a novel contribution to the growing literature on the rise of China and India. Instead of focusing on internal changes in these two massive economies, Shalendra Sharma's approach is to analyze how China and India have adapted to globalization and benefited from their links to international markets. Its theoretical perspective thus centers on the globalization process. Sharma also presents extensive empirical data to explain the transformation of these two states once the basic directions of policy were decided."
Perspectives on Politics, David B. H. Denoon, New York University

The rise of China and India is the story of our times. The unprecedented expansion of their economic and power capabilities raises profound questions for scholars and policymakers. What forces propelled these two Asian giants into global pacesetters, and what does their emergence mean for the United States and the world? With intimate detail, Shalendra D. Sharma's China and India in the Age of Globalization explores how the interplay of socio-historical, political, and economic forces has transformed these once poor agrarian societies into economic powerhouses. This book examines the challenges both countries face and what each must do to strike the balance between reaping the opportunities and mitigating the risks. For the United States, assisting a rising China to become a responsible global stakeholder and fostering peace and stability in the volatile subcontinent will be paramount in the coming years.

Introduction: China and India in the age of globalization
1. Prelude to globalization: China (1949–78) and India (1947–91)
2. China and India embrace globalization
3. China: strategies and patterns of global integration
4. India: strategies and patterns of global integration
5. Sino-Indian relations: partners, friends or rivals?
6. India and the United States: from estrangement to engagement
7. The rise of China and its implications for the United States
8. China and India: future challenges and opportunities.

Subject Areas: Political economy [KCP], Comparative politics [JPB]