57.540 China and India in the Global Economy

China and India in the Global Economy

Course Details
Min Credits 3
Max Credits 3
Course ID 34691
Status Active

In recent years China and India, with one-third of the world's population, have emerged as economic powerhouses in the global economy. This course will explain how these once-latent giants have become major participants in global competition, focusing in particular on their capabilities in the information and communication technologies industries. The course will cover the roles of the state, foreign investment and trade, high-tech districts, industrial enterprises, education, skill formation, knowledge creation, indigenous innovation in Chinese and Indian economic development. We will conclude the course by considering the sustainability of the Chinese and Indian development paths. Throughout the course, we will compare the social structures and economic experiences of the two nations to gain insight into their distinctive development paths.