The
paper starts by tracing the development of China and
India and gives a brief overview of global manufacturing
and service sectors, the respective sources of growth
for the two countries. The paper goes on to give a
detailed analysis of these growth patterns and the
future implications for the two countries. The author
analyses the argument that the secret of success of
the two countries lies in the fact that they have
successfully exploited the benefits of the emerging
knowledge based economy. The paper finally concludes
with the understanding that there has evolved a new
global division of labour that has been epitomised
by the development of India and China; however the
sustainability of these growth 'miracles' would require
the strengthening of certain fundamental structures
in both the countries.
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the Powerpoint Presentation
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March
10, 2007.
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