China and India in the Age of Globalization

by Shalendra D. Sharma

• ISBN13: 9780521731362
• ISBN10: 0521731364
• Edition: 1st
• Format: Paperback
• Copyright: 2009-07-20
• Publisher: Cambridge University Press

Summary

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. Yet, globalization is hardly a seamless process, as the vagaries and uncertainties of globalization also present risks and challenges. 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.

Author Biography

Shalendra D. Sharma is a Professor in the Department of Politics at the University of San Francisco, where he has taught since 1993. He also teaches in the MA program of the Department of Economics. Sharma is the author of multiple books and articles, including Achieving Economic Development in the Era of Globalization (2007); The Asian Financial Crisis: Meltdown, Reform and Recovery (2003); and Democracy and Development in India (1999), which won the Choice Outstanding Academic Title Award. Sharma has also served as a consultant to the World Bank and has traveled extensively throughout India and China.

Table of Contents

Acknowledgments	p. vii
Acronyms	p. ix
Political Map of China	p. xii
Political Map of India	p. xiii
Introduction: China and India in the Age of Globalization	p. 1
Prelude to Globalization: China (1949-1978) and India (1947-1991)	p. 13
China and India Embrace Globalization	p. 54
China: Strategies and Patterns of Global Integration	p. 91
India: Strategies and Patterns of Global Integration	p. 131
Sino-Indian Relations: Partners, Friends, or Rivals?	p. 164
India and the United States: From Estrangement to Engagement	p. 185
The Rise of China and Its Implications for the United States	p. 211
China and India: Future Challenges and Opportunities	p. 248
Bibliography	p. 277
Index	p. 311
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