The World under Pressure: How China and India are Influencing the Global Economy and Environment
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About the Book: World under Pressure: How China and India are Influencing the Global Economy and Environment The rapid rise of China and India is reshaping our globaleconomic and environmental systems, raising major issues ofstability, governance, and sustainability. This book develops aframework that shows the interdependence between economic size,trade, finance, technology, environment, security, and globalgovernance. The author uses this framework to provide data on thespeed of global power shifts and to trace the implications fornations worldwide. Specifically, as the book shows, China and Indias uncheckedgrowth has the potential to ignite trade, resource, cold, andconventional wars. Moreover, these nations could set in motionmonumental challenges related to climate change. The author arguesthat the current international governance system is not activelytrying to defuse the challenges of these frictions. The majorpowers, including China and India, must do more to address thegathering storm. Developing sustainable economic and socialrelationships will be a most difficult charge, but the cost ofputting off reforms will be lower global welfare. The authordiscusses the starting points for initiating these changes. Thebook will be of interest to students and researchers of DevelopmentEconomics, International Relations and Asian Politics. Contents List of Figures List of Tables Preface Acknowledgments List of Abbreviations 1. Rising Powers 2. Insights from History of Power Shifts and GrowingInterdependence 3. Understanding the Rapid Rise of China and India 4. Positive Growth Prospects for China and India 5. Growing Economic and Geopolitical Impact 6. Environmental and Natural Resource Impact 7. Power Shifts and Rising Frictions Have Implications for theGlobal System and the United States 8. How Will the World Adjust to the Swift Ascent of China andIndia? Notes References Index
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