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Acknowledgments | p. xv |
About the Authors | p. xvii |
Abbreviations | p. xix |
Introduction | p. 1 |
China Awakens | p. 3 |
India Gathers Speed | p. 4 |
The Puzzle of Growth Miracles | p. 6 |
Enter Korea | p. 9 |
China Sets a New Benchmark | p. 12 |
India in the Global Scales | p. 15 |
Savings, Investment, Technology, and Growth: A Comparison | p. 15 |
In a Class of Its Own | p. 22 |
References | p. 26 |
Development Experience of China and India | p. 29 |
China's Industrial Development | p. 31 |
India's Development Experience | p. 54 |
References | p. 66 |
Trade Dynamics in China and India | p. 69 |
Asian Intraregional and Intra-industrial Trade | p. 71 |
Investing to Export | p. 80 |
Wages and Labor Productivity | p. 87 |
Competitive Advantage and Its Evolution | p. 91 |
Role of FDI and Processing Trade | p. 112 |
China and India as Importers | p. 117 |
References | p. 122 |
Unfolding Industry Dynamics in East and South Asia | p. 125 |
Industrial Trends in the Rest of Asia | p. 130 |
Trade Competition: China, India, and the Rest | p. 166 |
Technological Capabilities and Competitiveness | p. 184 |
Future Prospects | p. 199 |
References | p. 200 |
The Drivers of Asia's Industrial Geography | p. 203 |
Rebalancing the United States | p. 203 |
Savings and Investment | p. 205 |
Major Technological Shifts | p. 211 |
Clustering of Industrial Activities | p. 214 |
Shift in Global Production Networks | p. 218 |
References | p. 221 |
Industrial Strategy at a Crossroads | p. 225 |
Business as Usual | p. 226 |
Concentration of Economic Activities in China and India | p. 229 |
New Industrial Epoch, New Opportunities | p. 237 |
Concluding Observations | p. 240 |
References | p. 243 |
Index | p. 247 |
Figures | |
Per Capita GDP Growth of Germany and Japan (Deviation from World per Capita GDP Growth) | p. 8 |
Per Capita GDP Growth of China, India, and the Republic of Korea (Deviation from World per Capita GDP Growth) | p. 9 |
Gross Capital Formation | p. 10 |
Gross Domestic Savings | p. 10 |
Exports of Goods and Services | p. 11 |
Share of World GDP | p. 13 |
Global Share of Nominal GDP | p. 14 |
Share of FDI in GDP | p. 18 |
Per Capita GDP Growth and Labor Force with Tertiary Education | p. 19 |
Per Capita GDP Growth with Patents | p. 21 |
Per Capita GDP Growth and Labor Force with Tertiary Education: China | p. 22 |
Per Capita GDP Growth and Labor Force with Tertiary Education: India | p. 23 |
Relationship between GDP Growth and Growth in Manufacturing Value Added | p. 30 |
Percentage Point Contribution of Real Net Exports to GDP Growth in Asia | p. 30 |
Composition of GDP (Supply Side), China | p. 33 |
Industrial Composition by Type of Manufactures of China, 1981, 1990, and 2003 | p. 34 |
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