China, India, And The Future of The World Economy: Fierce Competition Or Shared Growth?
Although both China and India are labor-abundant and dependant on manufactures, their export mixes are very different. Only one product-refined petroleum-appears in the top 25 products for both countries, and services exports are roughly twice as important for India as for China, which is much bette...
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Format: | Elektronisch E-Book |
Sprache: | English |
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Washington, D.C
The World Bank
2007
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Online-Zugang: | BSB01 EUV01 HTW01 FHI01 IOS01 Volltext |
Zusammenfassung: | Although both China and India are labor-abundant and dependant on manufactures, their export mixes are very different. Only one product-refined petroleum-appears in the top 25 products for both countries, and services exports are roughly twice as important for India as for China, which is much better integrated into global production networks. Even assuming India also begins to integrate into global production chains and expands exports of manufactures, there seems to be opportunity for rapid growth in both countries. Accelerated growth through efficiency improvements in China and India, especially in their high-tech industries, will intensify competition in global markets leading to contraction of the manufacturing sectors in many countries. Improvement in the range and quality of exports from China and India has the potential to create substantial welfare benefits for the world, and for China and India, and to act as a powerful offset to the terms-of-trade losses otherwise associated with rapid export growth. However, without efforts to keep up with China and India, some countries may see further erosion of their export shares and high-tech manufacturing sectors |
Beschreibung: | 1 Online-Ressource (32 Seiten)) |
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520 | 3 | |a Although both China and India are labor-abundant and dependant on manufactures, their export mixes are very different. Only one product-refined petroleum-appears in the top 25 products for both countries, and services exports are roughly twice as important for India as for China, which is much better integrated into global production networks. Even assuming India also begins to integrate into global production chains and expands exports of manufactures, there seems to be opportunity for rapid growth in both countries. Accelerated growth through efficiency improvements in China and India, especially in their high-tech industries, will intensify competition in global markets leading to contraction of the manufacturing sectors in many countries. Improvement in the range and quality of exports from China and India has the potential to create substantial welfare benefits for the world, and for China and India, and to act as a powerful offset to the terms-of-trade losses otherwise associated with rapid export growth. However, without efforts to keep up with China and India, some countries may see further erosion of their export shares and high-tech manufacturing sectors | |
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spelling | Dimaranan, Betina Verfasser aut China, India, And The Future of The World Economy Fierce Competition Or Shared Growth? Dimaranan, Betina Washington, D.C The World Bank 2007 1 Online-Ressource (32 Seiten)) txt rdacontent c rdamedia cr rdacarrier Although both China and India are labor-abundant and dependant on manufactures, their export mixes are very different. Only one product-refined petroleum-appears in the top 25 products for both countries, and services exports are roughly twice as important for India as for China, which is much better integrated into global production networks. Even assuming India also begins to integrate into global production chains and expands exports of manufactures, there seems to be opportunity for rapid growth in both countries. Accelerated growth through efficiency improvements in China and India, especially in their high-tech industries, will intensify competition in global markets leading to contraction of the manufacturing sectors in many countries. Improvement in the range and quality of exports from China and India has the potential to create substantial welfare benefits for the world, and for China and India, and to act as a powerful offset to the terms-of-trade losses otherwise associated with rapid export growth. However, without efforts to keep up with China and India, some countries may see further erosion of their export shares and high-tech manufacturing sectors Online-Ausg Comparative advantage Competitiveness Debt Economic Theory and Research Emerging Markets Export growth Exports Free Trade Human capital Income Income levels International Economics & Trade Macroeconomics and Economic Growth Partial equilibrium analyses Private Sector Development Public Sector Development Total factor productivity Trade Policy Dimaranan, Betina Sonstige oth Ianchovichina, Elena Sonstige oth Martin, William J. Sonstige oth Dimaranan, Betina China, India, And The Future of The World Economy http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4304 Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Dimaranan, Betina China, India, And The Future of The World Economy Fierce Competition Or Shared Growth? Comparative advantage Competitiveness Debt Economic Theory and Research Emerging Markets Export growth Exports Free Trade Human capital Income Income levels International Economics & Trade Macroeconomics and Economic Growth Partial equilibrium analyses Private Sector Development Public Sector Development Total factor productivity Trade Policy |
title | China, India, And The Future of The World Economy Fierce Competition Or Shared Growth? |
title_auth | China, India, And The Future of The World Economy Fierce Competition Or Shared Growth? |
title_exact_search | China, India, And The Future of The World Economy Fierce Competition Or Shared Growth? |
title_exact_search_txtP | China, India, And The Future of The World Economy Fierce Competition Or Shared Growth? |
title_full | China, India, And The Future of The World Economy Fierce Competition Or Shared Growth? Dimaranan, Betina |
title_fullStr | China, India, And The Future of The World Economy Fierce Competition Or Shared Growth? Dimaranan, Betina |
title_full_unstemmed | China, India, And The Future of The World Economy Fierce Competition Or Shared Growth? Dimaranan, Betina |
title_short | China, India, And The Future of The World Economy |
title_sort | china india and the future of the world economy fierce competition or shared growth |
title_sub | Fierce Competition Or Shared Growth? |
topic | Comparative advantage Competitiveness Debt Economic Theory and Research Emerging Markets Export growth Exports Free Trade Human capital Income Income levels International Economics & Trade Macroeconomics and Economic Growth Partial equilibrium analyses Private Sector Development Public Sector Development Total factor productivity Trade Policy |
topic_facet | Comparative advantage Competitiveness Debt Economic Theory and Research Emerging Markets Export growth Exports Free Trade Human capital Income Income levels International Economics & Trade Macroeconomics and Economic Growth Partial equilibrium analyses Private Sector Development Public Sector Development Total factor productivity Trade Policy |
url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4304 |
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