- Country profile.
- An historical overview.
- Reasons of this increase of power.
- China as a human power.
- The trade swivel of the Asian region.
- An attractive country where it is good to do business.
- India as a human power.
- High technologies and services.
- Opened to the foreign exchanges.
- Limits of this growth.
- China: Still an emerging country.
- India: Not as cheap as it should be?
- Worldwide consequences.
- Environmental aspect.
- Social aspect.
- Diplomatic aspect.
- Economic aspect.
Globalization is the increased mobility of goods, services, labour, technology and capital throughout the world. This process has speeded up over the years, especially with the growth of new information and communication technologies.
Through these changes, we can see the growth of emerging countries that open themselves to the world. Until now, the main economic powers were situated in the Western World, but today we can notice the rise of Eastern countries like China and India that have all the qualities to be world powers. But the rise of these new worldwide powers will not happen without some consequences on the world. So, do we have to fear the rise in power of China and India? What would be the consequences on the world from this entry on the international scene? Thus, it is necessary to know first a bit more about these two countries (I), what are after, the origins of these growths (II), know if it is good for them (III) and finally, we will see the consequences on the world (IV).
[...] Diplomatic Aspect The rise in power of China and India can have consequences on the international scene, especially in the diplomatic side, with other worldwide power. First of all, this rise in power could increase difficulty in relation with the United States that want to control the whole world. In fact, they can have“containment behaviour” to avoid China and India growing. So, it is a matter of power, who controls who. China and India have to be careful because they are still dependant from the United States. [...]
[...] This inflation makes the energy price increases too. There is also the rupee appreciation that could slow down the foreign investments. Finally, even with this economic growth, if India is not careful, it can break some foreign investments that made it grow. Despite there negative points, in a general way, what could be the consequences of the rise of China and India on the whole world? IV. Worldwide consequences The empowerment of China and India will have, inevitably, worldwide consequences and this, at several levels. [...]
[...] This can be explained by the opening of China to foreign services, their will to be competitive and modern in the same time, because the services sector, as well as for individuals as professional work quite well today. Nevertheless, we can see that the part of agriculture in GDP decreased a lot passing from in 1978 to in 2004. This fall can be explained by the rural exodus, due to the attractiveness to better life conditions, new opportunities. Source : Françoise Lemoine, op. [...]
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