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The Elephant and the Dragon: The Rise of India and China and What It Means for All of Us

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The Elephant and the Dragon: The Rise of India and China and What It Means for All of Us Cover

ISBN13: 9780393062366
ISBN10: 0393062368
Condition: Standard
Dustjacket: Standard
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Synopses & Reviews

Publisher Comments:

In the streets of India, camels pull carts loaded with construction materials, and monkeys race across roads, dodging cars. In China, men in Mao jackets pedal bicycles along newly built highways, past skyscrapers sprouting like bamboo. Yet exotic India is as near as the voice answering an 800 number for one dollar an hour. Communist China is as close as the nearest Wal-Mart, its shelves full of goods made in Chinese factories.

Not since the United States rose to prominence a century ago have we seen such tectonic shifts in global power; but India and China are vastly different nations, with opposing economic and political strategiesstrategies we must understand in order to survive in the new global economy. The Elephant and the Dragon tells how these two Asian nations, each with more than a billion people, have spurred a new "gold rush," and what this will mean for the rest of the world.

Review:

"'Meredith, who covers India and China for Forbes, upends conventional wisdom in this well-reported book, arguing that the U.S. shouldn't fear these two rising economic powers. The U.S. ('buyer to the world') and China ('factory to the world') have, respectively, the largest and fourth largest economies, but they will reach parity in 2015. Though American politicians tax Chinese goods, Meredith points out that Americans actually gain from the undervalued yuan: our companies profit from the cheap goods the Chinese manufacture. Meanwhile, India ('backoffice to the world') has picked up most of the one million white-collar jobs that moved out of the U.S. by 2003. But Meredith notes that for every dollar that goes overseas, $1.94 of wealth is created — all but 33 cents of which returns to the U.S. Protrade and antiprotectionist, she makes a compelling argument that China is doing better than India because it moved toward a market economy in 1978, while India began to liberalize in 1991. She also looks critically at each country's plans for the future, noting that China's citizens save more, while India's infrastructure and education system are falling behind. She concludes that 'if inward-facing India and communist China can transform themselves, so can the United States of America.' (July)' Publishers Weekly (Copyright Reed Business Information, Inc.)" Publishers Weekly (Copyright Reed Business Information, Inc.)

Synopsis:

A compelling look at the major changes in store as America faces increasing competition from two emerging Asian giants.

About the Author

Robyn Meredith is a foreign correspondent for Forbes. An award-winning journalist, she was formerly a correspondent for the New York Times. She lives in Hong Kong.

What Our Readers Are Saying

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Average customer rating based on 1 comment:

Effie, April 11, 2008 (view all comments by Effie)
An essential read for today's rising worldview/global economy and all its peripheral issues
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Product Details

ISBN:
9780393062366
Author:
Meredith, Robyn
Publisher:
W. W. Norton & Company
Subject:
Commerce
Subject:
Economic Conditions
Subject:
International - General
Subject:
International - Economics
Subject:
China
Subject:
United states
Subject:
Globalization
Subject:
United States Foreign economic relations.
Subject:
Economics - General
Copyright:
Publication Date:
20070731
Binding:
Hardcover
Grade Level:
General/trade
Language:
English
Illustrations:
Y
Pages:
256
Dimensions:
9.6 x 6.5 x 1 in 1.175 lb

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Related Subjects

Business » International
History and Social Science » Economics » General
History and Social Science » Economics » Global Economics
History and Social Science » Politics » General
Young Adult » General

The Elephant and the Dragon: The Rise of India and China and What It Means for All of Us Used Hardcover
0 stars - 0 reviews
$4.95 In Stock
Product details 256 pages W. W. Norton & Company - English 9780393062366 Reviews:
"Publishers Weekly Review" by , "'Meredith, who covers India and China for Forbes, upends conventional wisdom in this well-reported book, arguing that the U.S. shouldn't fear these two rising economic powers. The U.S. ('buyer to the world') and China ('factory to the world') have, respectively, the largest and fourth largest economies, but they will reach parity in 2015. Though American politicians tax Chinese goods, Meredith points out that Americans actually gain from the undervalued yuan: our companies profit from the cheap goods the Chinese manufacture. Meanwhile, India ('backoffice to the world') has picked up most of the one million white-collar jobs that moved out of the U.S. by 2003. But Meredith notes that for every dollar that goes overseas, $1.94 of wealth is created — all but 33 cents of which returns to the U.S. Protrade and antiprotectionist, she makes a compelling argument that China is doing better than India because it moved toward a market economy in 1978, while India began to liberalize in 1991. She also looks critically at each country's plans for the future, noting that China's citizens save more, while India's infrastructure and education system are falling behind. She concludes that 'if inward-facing India and communist China can transform themselves, so can the United States of America.' (July)' Publishers Weekly (Copyright Reed Business Information, Inc.)" Publishers Weekly (Copyright Reed Business Information, Inc.)
"Synopsis" by , A compelling look at the major changes in store as America faces increasing competition from two emerging Asian giants.
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