India and China in an era of globalisation
- New Delhi Bookwell 2005
- 243p.
This book is a collection of 19 research papers. which cover trends in bilateral trade and other economic relations between India and China. This book highlights the emergence of India and China as major economic forces in the world, and stresses their growing openness as a key factor for closer economic integration between these two countries. Because of the presence of complementarities between India and China, this book also deals with micro-level economic integration, such as that between Northeastern states of India and Southwestern provinces of China, and concludes that a properly paced economic integration process will not only help boost both the quantity and quality of economic growth of India and China, but will also generate benefits for other neighbouring countries in the region. Finally, the book underlines the necessity of cross-border initiatives relating to trade facilitation and investment promotion between India and China, which can be instrumental in generating jobs, increasing subregional gross national product, improving intra-subregional trade, and strengthening the economic fabric.