China, India and Beyond: Development Drivers and Limitations (Global Development Network series)

China, India and Beyond challenges the widespread belief that China and India will be the driving forces of the global economy in the 21st century.Scholars of these two countries offer scenarios ranging from buoyant to subdued to negative, depending on how they evaluate the drivers of development (market-oriented reforms, global integration and investment in human capital), and its limitations (infrastructure bottlenecks, environmental degradation and institutional frailties). The book covers a broad set of topics, including international trade and investment, health care and grassroots democracy. Readers from all countries will benefit from this cogent analysis of the delicate balance among the various ingredients of successful development versus failure.This timely book will appeal to political scientists, economists and other social scientists conducting research and teaching courses in political economy, development studies, globalization and public policy. Policy-oriented researchers and policymakers will also find this study an important resource.