China and India in the Age of Globalization

by Shalendra D. Sharma

Overview

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.

Product Details

ISBN-13:	9780521515719
Publisher:	Cambridge University Press
Publication date:	07/20/2009
Pages:	336
Product dimensions:	6.10(w) x 9.30(h) x 0.90(d)

About the Author

Shalendra D. Sharma, Ph.D., is Professor in the Department of Politics at 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 travelled extensively throughout India and China.

Table of Contents

Introduction: China and India in the age of globalization; 1. Prelude to globalization: China (1949–78) and India (1947–91); 2. China and India embrace globalization; 3. China: strategies and patterns of global integration; 4. India: strategies and patterns of global integration; 5. Sino-Indian relations: partners, friends or rivals?; 6. India and the United States: from estrangement to engagement; 7. The rise of China and its implications for the United States; 8. China and India: future challenges and opportunities.

Editorial Reviews

The spectacular rise of China and India, already looming on the horizon at the turn of the millennium, promises to cast a long shadow on the 21st century. Shalendra Sharma is unusually well qualified to analyze their economic and political development in comparative perspective. His well-written and wide-ranging book, focusing on these two giants’ integration into the world economy, is aptly suited either for scholarly or recreational reading.”
– Lowell Dittmer, University of California at Berkeley

“A most timely and useful book, containing much important information, and many trenchant insights, on the rise of China and India. Combining rigor and accessibility, it will be appropriate for both advanced undergraduates and graduate students, as well as informed general readers.”
– S. Paul Kapur, U.S. Naval Postgraduate School

“The publication of this comprehensive and well-documented comparative study of the impact of globalization on China and India is most timely. Professor Shalendra Sharma’s excellent book is indispensable for understanding the rapid economic growth of these two Asian nations and the price they have paid for their pursuit of globalization. This book should be widely read by policy-makers, scholars, risk analysts, university students, and all those who are concerned with the current and future challenges facing these countries.”
– Jon S.T. Quah, Ph.D., Retired Professor of Political Science, National University of Singapore

"The book covers a wide range of topics, among them the forces that drove China and India to accelerate economic development; their strategies and patterns of integration in the age of globalization; Sino-Indian relations; the two countries' relations with the US; the implications for the US and the world of China's and India's rapid economic advance and their increasing ability to project power regionally in Asia and further afield; and future challenges and opportunities facing China and India as major stakeholders in the globalized political economy...The book is well written and reads well, and contains a useful bibliography and accessible tables. it will likely appeal mostly to professional scholars, policy makers, and graduate students."
-CHOICE, A. Magid, SUNY at Albany

"This is a novel contribution to the growing literature on the rise of China and India. Instead of focusing on internal changes in these two massive economies, Shalendra Sharma's approach is to analyze how China and India have adapted to globalization and benefited from their links to international markets. Its theoretical perspective thus centers on the globalization process. Sharma also presents extensive empirical data to explain the transformation of these two states once the basic directions of policy were decided."
Perspectives on Politics, David B. H. Denoon, New York University

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