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chinese and indian industrial revolution
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The novel The Elephant and the Dragon: The Rise of India and China and What It Means for All of Us written by Robyn Meredith, is a very interesting thought provoking book that discusses how India and China are changing our world. The elephant in the title represents India and how it has been slowly lumbering along to gain economic strength. Conversely, China symbolizes a dragon that is intimidating and moving tremendously fast in its rise to power. Throughout the book, Meredith gives examples of what is happening and what will happen to the world economy. However, she does little to explain to the reader what to do to resolve the problems occurring in the global economy, specifically the United States of America. Overall, the book reads as a 252-page, interesting news article and is a good read; but it could use a revision with more up to date statistics and facts. The book begins with a brief history, which explains the background of China and India in the mid and late 20th century. Meredith explains key events that are essential to understanding the magnitude of change that has taken place in the past two decades in both countries. She elaborates how the political repression created by Mao Zedong, a Chinese communist leader, impoverished the Chinese people. In addition, how post-colonial Indian leader Jawaharlal Nehru’s choice of an isolated, self-sufficient economy impeded India’s growth. The transformation and continuous change of China and India is astonishing. Meredith suggests, “Perhaps the most overwhelming changes are being felt in the newly global job market... Globalization has proved good for the poor even as it puts the American and European middle class under pressure.” (p. 12) This means “by 2030, economists predi... ... middle of paper ... ... very dry and almost seemed to just write about the facts. Unfortunately, this is not enough to keep the book interesting for most readers. It seems to only bring awareness to this topic, and make it up to the reader to figure out how to prepare for the changing global market. She only gives solutions like increasing research and development. Or working in professions that are not easily outsourced to defend against these countries. She would of fared better off without having the section on what the United States needs to do at all. On the other hand, Meredith should have had someone with that sort of expertise help her explain in greater detail what should be done. Her attempt to give ideas to what America needs to do is the major flaw of the book. Overall, I give this book three and a half stars out of five for its interesting information on these foreign powers.
Throughout, 1900- 1950 there were a number of changes and continuities in China. From the fall of the dynasties to the rise of the Communist Party, these changes shaped China’s government and society. Although, many political changes were made multiple continuities were held constant such as, consistent rebellions and the lack of democracy.
Millions of peoples was falsely accused and persecuted during the political movements of the Mao period as the CCP focused on class struggle instead of economic development during the period and tens of Millions of peoples died due to starvation as there were widespread food shortages during the great leap forward movement. This raises the problem, does the cost of the revolution outweighs the benefit and if so, can the revolution still be considered a success. This is a very difficult question as the value of human lives cannot be quantified and therefore the comparison of cost and benefit automatically creates a very excruciating dilemma. However, one study done by Barrington Moore in his classic Social origins of Dictatorship and Democracy demonstrated the experience of India during the same period of time. India shares many similarities with China in terms of population, land size and geographic proximity and therefore the two countries’ economy is highly comparable. India, which did not go through a socialist reform, nor a land reform, thus a weak industrial base and low economic growth is currently in an economic situation where half of the country is ‘slowly starving to death’, that is, more than half a billion people are chronically malnourished and will die prematurely . Comparing China with India, it can be argued that the revolution brought more benefit than cost to China and its people and therefore is a success, although the misconducts and terrors created during the Mao era were indefensible and it can be contended that the socialist reform can still occur without the persecutions and famines, however, it should be kept in mind that history cannot be assumed and thus one may only analyze what has already
A strong workforce is vital for economic growth, yet most countries are now seeing a declining workforce. Countries with a large workforce, such as India, may become a top provider of employment for different countries. Additionally, these demographic changes could lead to a shift in the world economic powers. Places such as Japan, the U.S, and some places in Europe are all strong economic countries that are facing this shift in their populations. If these countries don’t figure out a way to deal with these changes, there could be a shift allowing other countries to take their spot as leaders in the
Post-Cold War Asia has been witness to a China that increasingly focuses its foreign policy on its neighbors rather than on a regional or global context. This stems from China's realization that free markets have triumphed over centrally planned economies and that a world revolution is not going to happen. This has two implications. One, China no longer needs to divert resources to involve itself in global politics since the proletarian revolution is not going to take place. Second, China needs to embark on a program of economic development and modernization (F. Wang p. 32 and J. Wang p. 80).
In Shikha Dalmias “Long Live the American Dream” she goes on to portray the strengths of America compared to China and India (85). It is popularly believed that China and
Song, L. (1998). “China”, in R. McLeod and R. Garnaut (eds), East Asia in Crisis: From Being a Miracle to Needing One? New York: Routledge: 105-109.
However, the impact it has made on China can be considered to be great as it brought China under the limelight in the global economy. Globalization has had many positive and negative ramifications on the Chinese economy. In the short run, it may be so that the negative impacts outweigh the positive impacts, but that is easily debatable. This is because all the negative impacts of globalization can be corrected with economic policies that can be efficiently undertaken by the Chinese government. In this manner, China in overall will be able to enjoy all the benefits of globalization and contribute more to the rest of the world as it continues to grow economically and socially. In today’s world, globalization is an important part of the development and prosperity of each nation and China too should be able to reap from its benefits. Today, as China proudly holds a place in the global economy as the world’s second largest economy and most populated country in the world, it can be said
We say that we are heading toward a more global economy because of the fact that competition in today’s markets is global. This means that corporations in the United States can compete in foreign markets and vice versa, therefore U.S. corporations and foreign corporations become interdependent and thrive off each other. This can have a good impact on the United States because it allows U.S. corporations to seek materials and labor outside of the U.S. in countries such as China, India, and Mexico, where workers are paid a lot less money than U.S. workers, thus allowing them to sell their products for significantly cheaper than if they were produced in the U.S.; however, the tradeoff is that many American workers in the industrial sector lose jobs due to this shift of labor to overseas. In the long run this will be beneficial for the U.S. and although some percentage of workers are losing work, new jobs in the services sector, in fields such as computer technology, telecommunications, and language skills are opening up and experiencing growth because of this change.
The rise in China from a poor, stagnant country to a major economic power within a time span of twenty-eight years is often described by analysts as one of the greatest success stories in these present times. With China receiving an increase in the amount of trade business from many countries around the world, they may soon be a major competitor to surpass the U.S. China became the second largest economy, last year, overtaking Japan which had held that position since 1968 (Gallup). China could become the world’s largest economy in decades.
This essay has critically analysed and examined the effect of Communism on the Chinese Society during the period of 1946-1964. The overall conclusion that can be drawn is that the Chinese Communist Party managed to defeat the Kuomintang (Nationalist) Party and achieve victory in the Civil War, in spite of alienation by the Soviet Union and opposition from the U.S. This was primarily because of the superior military strategy employed by the Communists and the economic and political reforms introduced by this party which brought more equality to the peasants in the form of land ownership and better public services. This increased China’s production and manufacturing which not only boosted the country’s economy but also provided a more sustainable supply of food, goods and services for the Chinese people.
Wei-Wei Zhang. (2004). The Implications of the Rise of China. Foresight, Vol. 6 Iss: 4, P. 223 – 226.
...st and stand in the world. It is predicted that China will one day be the largest economy growing country in world. They continually growing and rebalancing their world to be the best. The growth of economy will depend on the Chinese government comprehensive economic reforms that more quickly accelerate in China transition to a free market economy. The consumer demand, rather than exporting the main engine of economic growth; boost productivity and innovation; address growing income disparities; and enhance environmental. (Morrison, 2014,para2)
In the race to be the best, China is clearly outperforming the United States. China has strong economic fundamentals¬ such as “a high savings rate, huge labor pool, and powerful work ethic” (Rachman, Gideon. "Think Again: American Decline). Their economy has grown an astonishing 9-10% over the past thirty years; almost double of what it used to be decades ago. China is also the “world’s greatest manufacturer and its greatest market” (Rachman). The continuing growth of China's economy is a source of concern for not only the U.S. but surrounding nations as well. One could argue that the U.S. need not worry about China’s growth because of the spread of globalization and that western ideologies would influence China to turn to democracy. Yet China has still managed to “incorporate censorship and one party rule with continuing economic success” (Rachman) and remains a communist country. Hypothetically, even if China does resort to a democratic state, this does not gua...
Inkenberry, John. “The Rise of China and the Future of the West.” Foreign Affairs. The Council of Foreign Relations. Jan 2008. Web. 9 Mar 2014.
...o we can achieve our dreams in life: “we are now living in a world where time and space don’t matter anymore” just like J.Mittleman said. Globalization as we just learned is relative, whether it’s an opportunity or an exploitation depends on where you sit and how you look at the world. Kent, J., Kinetz, E. & Whehrfritz, G. Newsweek. Bottom of the barrel. - The dark side of globalization (2008/March24). David, P. Falling of The Edge, Travels through the Dark Heart of Globalization..Nov 2008. (p62)