Forum for Science, Industry and Business

Sponsored by:     3M 
Search our Site:

 

China and India — The New Growth Engines of the Global Economy?

13.10.2010
GIGA Focus International Edition (4/2010)

Lisa Peterskovsky and Margot Schüller

While the leading industrial nations are still recovering from the consequences of the global financial crisis, China and India are already boasting very high growth rates again. In the third quarter of 2009 China’s economic growth was 10.7 percent; India’s was 7.9 percent. Both countries are again being portrayed as the growth engines of the global economy.

Analysis

Despite their impressive economic successes, China and India face the following social and economic challenges:

— In the context of the economic growth, poverty in the two countries, particularly in China, has declined significantly. However, disparities have increased in both China and India.

— High and increasing disparities in income and public goods such as health and education could trigger societal conflicts and endanger social stability. In addition, unequal access to education could hamper human capital formation.

— The migration of the rural population to the cities is bringing about not only positive income and learning effects in both countries, but also considerable burdens on infrastructure and social security systems.

— Both countries are confronted with major environmental challenges, which threaten economic growth. Environmental policy measures often fail due to a lack of implementation at the local level.

— The inadequate expansion of infrastructure continues to be a barrier to growth. This is particularly true of India and the rural areas of China.

If you are interested in receiving free information about GIGA online publications, events, and lectures, please join the mailing list at:

http://www.giga-hamburg.de/mailinglist.

Weitere Informationen:
http://www.giga-hamburg.de/giga-focus/international
GIGA Focus International Edition
http://www.giga-hamburg.de/giga-focus
GIGA Focus series on Africa, Asia, Latin America, the Middle East, and global issues
http://staff.en.giga-hamburg.de/schueller
Website of Dr. Margot Schüller
http://www.giga-hamburg.de/english/index.php?file=ias.html&folder=ias
GIGA Institute of Asian Studies
http://www.giga-hamburg.de
GIGA German Institute of Global and Area Studies

Peter Peetz | idw
Further information:
http://www.giga-hamburg.de
http://www.giga-hamburg.de/giga-focus/international

More articles from Studies and Analyses:

nachricht Real-time feedback helps save energy and water
08.02.2017 | Otto-Friedrich-Universität Bamberg

nachricht The Great Unknown: Risk-Taking Behavior in Adolescents
19.01.2017 | Max-Planck-Institut für Bildungsforschung

All articles from Studies and Analyses >>>

The most recent press releases about innovation >>>

Die letzten 5 Focus-News des innovations-reports im Überblick:

Im Focus: Breakthrough with a chain of gold atoms

In the field of nanoscience, an international team of physicists with participants from Konstanz has achieved a breakthrough in understanding heat transport

In the field of nanoscience, an international team of physicists with participants from Konstanz has achieved a breakthrough in understanding heat transport

Im Focus: DNA repair: a new letter in the cell alphabet

Results reveal how discoveries may be hidden in scientific “blind spots”

Cells need to repair damaged DNA in our genes to prevent the development of cancer and other diseases. Our cells therefore activate and send “repair-proteins”...

Im Focus: Dresdner scientists print tomorrow’s world

The Fraunhofer IWS Dresden and Technische Universität Dresden inaugurated their jointly operated Center for Additive Manufacturing Dresden (AMCD) with a festive ceremony on February 7, 2017. Scientists from various disciplines perform research on materials, additive manufacturing processes and innovative technologies, which build up components in a layer by layer process. This technology opens up new horizons for component design and combinations of functions. For example during fabrication, electrical conductors and sensors are already able to be additively manufactured into components. They provide information about stress conditions of a product during operation.

The 3D-printing technology, or additive manufacturing as it is often called, has long made the step out of scientific research laboratories into industrial...

Im Focus: Mimicking nature's cellular architectures via 3-D printing

Research offers new level of control over the structure of 3-D printed materials

Nature does amazing things with limited design materials. Grass, for example, can support its own weight, resist strong wind loads, and recover after being...

Im Focus: Three Magnetic States for Each Hole

Nanometer-scale magnetic perforated grids could create new possibilities for computing. Together with international colleagues, scientists from the Helmholtz Zentrum Dresden-Rossendorf (HZDR) have shown how a cobalt grid can be reliably programmed at room temperature. In addition they discovered that for every hole ("antidot") three magnetic states can be configured. The results have been published in the journal "Scientific Reports".

Physicist Dr. Rantej Bali from the HZDR, together with scientists from Singapore and Australia, designed a special grid structure in a thin layer of cobalt in...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

Event News

Booth and panel discussion – The Lindau Nobel Laureate Meetings at the AAAS 2017 Annual Meeting

13.02.2017 | Event News

Complex Loading versus Hidden Reserves

10.02.2017 | Event News

International Conference on Crystal Growth in Freiburg

09.02.2017 | Event News

 
Latest News

Stingless bees have their nests protected by soldiers

24.02.2017 | Life Sciences

New risk factors for anxiety disorders

24.02.2017 | Life Sciences

MWC 2017: 5G Capital Berlin

24.02.2017 | Trade Fair News

VideoLinks
B2B-VideoLinks
More VideoLinks >>>