Can India exceed China in economy after 20 years?

The early civilizations of China and India emerged prior to 600 CE in what is known today as the continent of Asia. With the Himalayan mountains in between them, these civilizations developed in isolation from one another, and yet still managed to produce kingdoms with continuous growing populations to this day. Individual growth and development amongst the people stimulated technological inventions, increased the chances of survival and lead to: greater agricultural production, strong armies, and expansion. Eventually, these commodities and other luxury items produced will be traded, spurring the economic growth of both civilizations. Overall, these early stages of development not only furthered contact amongst these two great empires allowing for cultural diffusion, but also set the foundation for future generations to follow. Although China and India’s growing empires took place in different parts of the world, the structure of their economies developed similarly, beginning with an agricultural infrastructure and progressing towards trade within and beyond the kingdoms, while also acquiring distinctive cultural differences overtime such as a social hierarchy defined by certain beliefs. These characteristics will define the beginning and the advancement of early economic systems used during the Foundations Era and Classical Age, and provides insight on the essentials that influenced the two economic

There are several similarities and differences between the Disney’s film “The Prince of Egypt”, produced by Penney Finkelman Cox and Sandra Rabins and the story represented in the Pentateuch. The narrative of the overall story, is to depict the hardship that the people of Egypt endured. Although the story of the movie has been modified to fit a younger audience, it also clarifies the story well. I believe one of the most important scenes is when Moses is in a basket making his way through the river, although this scene could be found in both the film and the bible, they are illustrated differently. The film created a vigorous journey, showing crocodiles and extreme waves that baby Moses has to face. The story in the Bible was not that dramatic,

Bill Mize, my great grandfather, watched in awe everyday as his father did the difficult job of being a railroad conductor in the 1940s. “I was completely fascinated by my father, he worked tirelessly to provide for the family, and was an incredible man,” Bill recalls. At the young age of fourteen Bill suffered the devastating loss of his father, the man he spent most of his childhood admiring. His father died abruptly of tuberculosis at the age of fifty-nine the family was completely shocked and devastated by this loss. Without his father, Bill watched everything in his once normal life quickly fall away; the family’s finances were slim to nothing and his mother could no longer support Bill and his sisters. Throughout the extremely rough time following his father’s death, Bill was forced to make some difficult decisions that no fourteen year old should have to make. Bill had to make the impossible decision to leave the rest of his family so that they would not starve, and move into a home for the children of Freemasons.

* From planned economy to free market powerhouse: The post - Mao era ( 1976 onwards )

India and China are two of the world’s oldest civilization and they have shared a long history of cultural, scientific and economic linkages. In this day and age considering the recent GDP numbers from China and India: Beijing (Capital of China) says its ‘grew by a respectable 6.7% in the first three months of 2016, while New Delhi (Capital of India)reported a remarkable 7.9% expansion in the same period. Together (India and China) they account for 16% of the world GDP, or about $13trillion. But the World Bank only showed the growth of 2.5% in its latest outlook. (CNN)

India with about 1.2 million populations and china with about 1.3 billon population are two big demographic and emerging countries in the world .Over a past few decade India’s combination into the economic has been accompanied by remarkable economic growth (World Bank 2011¬).India is having the 3th position on the economy in purchasing power parity (PPP) terms (The Economic Times, 2012). India’s total GDP (gross Domestic Product) growth was 5.5% in 2012 and inflation rate is was .........(The Economist, 2012) .According to government of India poverty has been decline from 37.2% in 2004 to 29.8% in 2010 (world bank 2011).The major economic growth sectors

SMEs (Small and Medium enterprises) are one of the key drivers of India’s economic growth. Over the years a large number of small and medium size companies have grown in the market. Small and Medium Enterprises (SMEs) have been contributing so much towards the GDP of India. With their emergence and huge potential, the government of India launched regulated trading platforms for the SMEs, which allows them to get listed without bringing an IPO. The stock exchanges for these enterprises were introduced so that these firms can do better in financing activities for themselves. Of course, there is an option of adding debt, which also helps improve the overall return on equity, but the cost of raising debt for SMEs is relatively higher. High interest expense does not look very good on the profit and loss statement of a growing company. Thus, in order to fund the next stage of growth without excessive interest cost burden, companies look to access equity funds via capital markets. This is where listing on an exchange comes into the picture. The research would include the implications of the introduction of the BSE and NSE SME stock exchanges how well they are performing. Also, what is the response from the SME sector.

This essay is an analysis and comparison of the trade patterns of China and India since 2000 and studies the effect of the regulating economic and national policies on the trade performance.

China, a socialist country in East Asia, is the world 's most crowded nation. Its unfathomable scene includes field, desert, mountain ranges, lakes, waterways and 14,500km of coastline. Beijing, the capital, blends cutting edge building design with memorable destinations including sprawling Tiananmen Square. Its biggest city, Shanghai, is a high rise studded worldwide budgetary focus. The famous Great Wall of China fortress runs east-west the nation over north. It practices purview more than 22 territories, five self-ruling locales, four direct-controlled regions (Beijing, Tianjin, Shanghai and Chongqing), and two generally self-representing exceptional managerial regions(Hong Kong and Macau); while asserting power over Taiwan. Covering around 9.6 million square kilometers, China is the world 's second-biggest nation via land region and either the third or fourth-biggest by aggregate region, contingent upon the system for measurement.. China 's coastline along the Pacific Ocean is 14,500 kilometers (9,000 mi) long, and is limited by the Bohai, Yellow, East and South China Seas. China had the biggest and most complex economy on the planet for a large portion of the previous two thousand years, amid which it has seen cycles of flourishing and decrease. Since the presentation of financial changes in 1978, China has ended up one of the world 's fastest-developing real economies. Starting 2014, it is the world 's second-biggest economy by ostensible

Is China entering a middle income trap? Who knows? But the recent slowdown of the Chinese economy has turned on the warning sign that the country might be falling into one of the greatest challenges of the developing economies: the middle income trap. However, prior to understanding the reasons that the Chinese economy might (or might not) be falling under the trap, it is necessary to do an overview about the drivers that led the incredible growth of the Asian Dragon during the past decades.

Poor Technological Development: Due to poor infrastructure of R&D and unskilled employees, technological innovations may not possible

China’s growth rate is plummeting in recent years and is showing signs of falling further in coming years. Governments effort such as monetary stimulus, stock market bubble and bond market bubble has failed to stabilize economy, making only small and temporary effects. Authorities are trying to boost investment demand through monetary policy but industries already are in state of overcapacity; a result of force saving policies; and therefore real effect is showing as weakness in currency exchange. Commodity market is collapsing in greater rate each year and situation seems like Chinese economy might be moving toward depression.

The world today (or at least most of the “developing” part) is being lead by chief institutions like the World Bank, International Monetary Fund and the United Nations and its subsidiaries, with the one central point of discussion – economic growth and development of the “poor” countries. The past few decades have witnessed major ups and downs in the economies. While some countries have experienced shrinking incomes (Zambian per capita income figures in early 1990’s as compared to 1960s (Easterly, 2002, p.42)), some have experienced a substantial increase (East Asian NICs, India, China, etc). The debates on why some countries are poor while some are significantly more prosperous and why some countries grow faster than the others have long puzzled economists while the answer to it is still quite inconclusive. Evsey Domar in his 1946 paper himself referred to ‘the rate of growth’ as ‘a concept which has been little used in economic theory’. However, much effort has been made since then to explain the process of economic growth and the determinants for it, based on which many growth theories have emerged in which Domar himself had a major role to play. While many growth theories that have been developed since, this essay will focus on a few of the classical models, the Swan-Solow neoclassical model and the “new” growth theories, discussing their relevance with present developing economies.

The rapid rise of economies in Asia over the past few decades has been phenomenal. According to (Steven, Jeffrey and Jong-Wha, 1997), Asian countries such as Hong Kong, Singapore, Taiwan, Korea, China, Malaysia, Thailand and Indonesia grew at an average of over 5.5% per year in per capita terms between 1965 and 1990. The mentioned 08 Asian countries are also known as the eight high-performing Asian economies (HPAEs). With exception to some post-war European countries, such growth rates at this magnitude and duration are unprecedented in human history. During the mentioned timeline, 23 economies in East Asia grew faster than those of all other regions (Page, 1994). According to (David, 2014), over the past decade, Asia accounted for

My entire life my mother has struggled with drug addiction. When I was younger, a typical day spent with her was stealing money or medications from our loved ones or friends. It did not bother my mother one bit to steal from anyone especially her own children. But she justified her actions by blaming it on a brain disease that she could not help. It was merely a choice that she made everyday to hurt her family and those around her. She would choose to steal, lie, and cheat her way to obtaining the drug of her choice. Drug addiction is not a brain disease but rather a choice because you can relieve the symptoms, the idea of compulsion, the effects of neuroplasticity, treatment, and the labeling theory.