Case Study on India China Infrastructure

There would be many possible implications on the Chinese economy if they expanded their infrastructure investment. Expanding infrastructure investment may increase Chi-na's attractiveness as a destination for FDI. Other countries such as India have to com-pete for the same investment; China and India have similar comparative advantage’s i.e. low labour costs however an investment on infrastructure could put China at an advantage as firms would rather allocate in a destination with a better infrastructure. If firms decide

The paper by (Bird, 2013) first sets out the theory of expenditure assignment with respect to decentralizing infrastructure expenditure, and then considers how practice around the developing world appears to differ from what that theory appears to suggest. The paper suggests several ways in which theory and practice might be brought closer together. distinguish four categories in terms of the functions served by such investment: (1) Redistribution (housing, recreation, social protection), (2) Public Goods (defense, environment, order and safety, general public services), (3) Hospitals and Schools (health and education), and what they call simply (4) Infrastructure, that is traditional public works projects, of which transportation

With entrepreneurship and global labor rising because of technological flatteners nations will continue to grow with one another.

Development of transport infrastructure is a very expensive process. When the Canadian government, in the 1870s, promised to build a railway from Nova Scotia to British Columbia, it took more than two years just to find a company which agreed to do it. This is what happens today when the country needs to grow the

on agriculture, stresses on food self-sufficiency and employment to the rural people as the top priorities. Nevertheless, this food self-sufficiency is under strong constraints and handicaps, particularly from the massive rural population growth which consequently leading to illiteracy, ignorance, and backwardness. Besides, alarming also leading to land under cultivation is not only diminishing but also gets further fragmented, ecology degraded, infrastructural facilities do not match with the growth of rural population. This problem has been aggravated mainly by demographic pressure which leads to a large number of very small fields of the country and poor infrastructure facilities like water, electricity, transport, educational institutions, communication, health, warehousing etc. Unless these problems are strategically attended and pragmatic efforts are initiated, India, can’t flourish its rural areas and communities. Keeping these in view, the present paper tries to identify the impediments in implementing rural development programmes and pragmatic efforts to overcome them for ensuring equitable and sustainable development in rural

Human population of the world is has increased by the billions, in part to economic growth. Not only Europeans in Western Countries and Japan thriving, Asia has been at the top of the growth charts with India and China gaining just

The author examines the proposition by Larry Summers, the United States Treasury Secretary, on the economic approach presented by China and India in regard to the next decade. Larry Summers observes that there is no certain growth in China, thus he urges people to deviate from the reliance on the predictions of sudden growth in Communist China, using what they term as Asiaphoria (WSJ). The most significant and acknowledged fact on cross national growth is the regression of data in relation to the mean. The authors argue that the evidence of continuous national growth in a period of a decade does not present a guarantee for continued growth. On the contrary, quick national growth has been noted to lead to a slump in the rate of economic growth.

There is a fierce competition for world dominance as China is poised to overtake the United States as the preeminent world power. China’s growing gross domestic product (GDP) rivals that of the US with economists predicting the Chinese economy will surpass that of the US by 2020 (Morrision, 2014; Strauss, 2013). In 2012, China had a GDP of $8.22 trillion (World Bank, 2014a) experiencing an annual average growth rate of 9.86% between 1999 and 2012 (World Bank, 2014b); whereas the US had a GDP of $16.24 trillion in 2012 (World Bank, 2014a) with an average growth rate of 2.15% from 1999 to 2012 (World Bank, 2014b). More than half of the GDP growth in the past decade can be attributed to labor income growth among college educated employees. Even during economic recession, income growth among college graduates had a positive effect on GDP (OECD, 2012).

India has been on a growth trajectory ever since the 1990s when it opened its doors to the global economy. Today, India is one of the most competitive third world countries in the world and has among the best annual growth rates in the world. Essentially, globalization in India has grappled the country with a myriad of adaptive challenges as the country struggles to keep up with the international competition. In the push for growth, there has been a need for increased labor both skilled and unskilled. Eventually, India faces the challenge of child labor as more and more children are enrolled as workers in different industries.

China becomes the second largest economy in this world and it has showed the remarkable economic performance over the last two decades after The United States. China’s gross domestic product (GDP) as Share of World GDP at PPP 25 years ago only reached around 4.7%, now China contributes 16.32% of world GDP. China exports the relative cheap products that lowered consumer prices across the globe, and its imports have had a major impact on global commodity prices. China also has become a major hub of interindustry trade. Regarding those facts, China may become the engine of the world economy.

China and India account for 1/3rd of the population and experts believe that they will remain the top two populous countries at least until 2050. China and India would contribute 65 million and 142 million new workers respectively to the global workforce by the year 2020. Both countries offer large, educated, relatively low-cost workforces, and as

Beginning in 1980 when China entered the global market, it experienced remarkable growth in terms of GDP and net output. Much of its growth is attributed to its large amount of exports, particularly within the manufacturing industry. As a result, its GDP per capita increased significantly and the country as a whole became considerably wealthier. More recently, however, demographic changes and increased wealth inequality are hindering its growth. Between 2008 and 2015, the World Bank estimates GDP growth decreased from 9.623% to 6.9%. While its growth remains quite strong in comparison to other developing economies within its echelon (BRIC countries), its increasingly stagnant growth evokes concern for the future of its economy and prospects.

2. Government to concentrate on areas like education and infrastructure. Even these days privatisation in educational sector taking place.

Western developed economies are considered to offer growth opportunities; countries like Brazil, Russia, India and China are becoming strong countries where opportunities for growth are emerging. It is vital to search on countries where market presences are potentially high. The markets like the US and the UK are examples of markets where quality of infrastructures is important element of the strategy decision.

There have been efforts on the part of the state and Centre government through Ministry of Rural improvement to skill and train youths under diverse government schemes. However, most of those schemes are restrained to the youths beneath Poverty Line (BPL). There should be equal opportunities for all the people residing in rural areas. Every job aspirant should be given equal importance and would be given training in soft skills to lead a proper and decent life. For the Balanced growth in all the sectors the Goal of national policy and programs on skill improvement have has to diversification of economic activities, minimizing the dependence of rural households on agriculture and bringing approximately a sizable increase in the share in both output and employment of allied activities, rural industries, business and provider components of the agricultural economic system.