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Dancing with giants; China, India, and the global economy.


9780821367490

Dancing with giants; China, India, and the global economy.

Ed. by L. Alan Winters and Shahid Shahid or Shaheed is a male given name common among Muslims. It is the Arabic word for witness or martyr. People with this name
Famous people with this name include: See also
  • Shaheed (disambiguation page)
  • All pages beginning with Shaheed
 Yusuf.

The World Bank

2007

272 pages

$22.95

Paperback

HF1604

The predicted growth of the Indian and Chinese economies, with their massive populations, portends important implications for the rest of the world. In this volume, Winters (director, Development Research Group, World Bank) and Yusuf (economic adviser, Development Research Group, World Bank) present seven chapters that explore some of these implications. Two chapters model growth patterns into the future for the Asian "Giants" and analyze the model's outputs regarding flows of goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. , the structure of production, economic welfare, and energy/emissions scenarios. Other chapters take a less quantitative approach, with authors describing current and foreseeable fore·see  
tr.v. fore·saw , fore·seen , fore·see·ing, fore·sees
To see or know beforehand: foresaw the rapid increase in unemployment.
 developments in industrial capability; reviewing the evidence on poverty reduction, inequality inequality, in mathematics, statement that a mathematical expression is less than or greater than some other expression; an inequality is not as specific as an equation, but it does contain information about the expressions involved. , and economic growth; and examining trends in governance Governance makes decisions that define expectations, grant power, or verify performance. It consists either of a separate process or of a specific part of management or leadership processes. Sometimes people set up a government to administer these processes and systems.  and the investment climate.

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Publication:Reference & Research Book News
Article Type:Book Review
Date:May 1, 2007
Words:154
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