IES Management College And Research Centre

India and China : comparative economic performance

Singla, Surinder Kumar

India and China : comparative economic performance Surinder Kumar Singla - New Delhi New Century Publications 2011 - xv, 257 p. Hard

CONTENTS

1. INDIA AND CHINA, 2006-10: ECONOMIC TIES AND TRADE
1.1 Financial Crisis of 2007
1.1.1 Origin of Financial Crisis
1.1.2 Impact of Financial Crisis on Indian and Chinese Economy
1.2 Trade Ties between India and China during 2006-10
1.2.1 Growth of India’s MerchandiseTrade with China during 2005-06 to 2009-10
1.2.2 Composition of India’s Trade with China during 2005-06 to 2009-10

2. INDIA, CHINA AND GLOBALIZATION
2.1 India-China Economic Interactions
2.2 India-China Trade Indices

3. EVOLUTION AND GROWTH OF ECONOMIC RELATIONS
3.1 India-China Economic Relations: Historical Context
3.2 India-China Economic Relations since 1950
3.2.1 First Phase (1950-1962)
3.2.2 Second Phase (1962-1976)
3.2.3 Third phase (1976-1991)
3.2.4 Fourth Phase (1991-2005)

4. ECONOMIC REFORMS AND WTO
4.1 Economic Reforms
4.1.1 Origin of Economic Reforms: India
4.1.2 Origin of Economic Reforms: China
4.1.3 Results of Economic Reforms in India and China: A Comparison
4.2 India, China and WTO
4.2.1 Background of China’s Accession to the WTO
4.2.2 Implications for India

5. FDI, SERVICES TRADE AND MUTUAL EXCHANGE
5.1 Foreign Direct Investment
5.1.1 Foreign Direct Investment in India
5.1.2 Foreign Direct Investment in China
5.1.3 A Comparison of FDI Inflows
5.1.4 Mutual Investment
5.2 Service Trade
5.2.1 Mutual Trade in Services

6. GROWTH, DIRECTION AND COMPOSITION OF MERCHANDISE TRADE
6.1 Growth of Merchandise Trade
6.1.1 India’s Overall Merchandise Trade
6.1.2 China’s Overall Merchandise Trade
6.1.3 Comparative Position of India and China in World Trade
6.1.4 Value of India-China Merchandise Trade
6.1.5 Growth of India-China Trade
6.1.6 Role of India and China in Each Other’s Global Trade
6.1.7 Border Trade between India and China
6.2 Direction of Trade: India and China
6.2.1 Direction of India’s Trade
6.2.2 Direction of China’s Trade
6.3 Composition of India-China Merchandise Trade
6.3.1 Composition of India’s Exports to China
6.3.2 Composition of India’s Imports from China
6.3.3 How Diversified is the India-China Trade?
6.3.4 India’s Exports of Ores, Slag and Ash to China
6.4 India-China Trade: Some Vital Ratios and Indices
6.4.1 Export-Import Ratio
6.4.2 Intensity and Integrity Indices
6.4.3 Export Concentration Index or Hirschman Concentration Index
6.4.4 Economic Distance Index
6.4.5 Grubel-Lloyd Intra-Industry Trade Index
6.4.6 Export Specialisation Index
6.4.7 Trade Complementarity Index
6.4.8 Trade Overlap Index
6.4.9 Trade Competition Index

7. TERMS OF TRADE AND UNIT VALUE ANALYSIS
7.1 Terms of Trade: Concepts and Issues
7.1.1 Terms of Trade: Theoretical Argument
7.1.2 Studies on India’s Terms of Trade
7.1.3 India’s Terms of Trade with China
7.2 Gains from Trade: Unit Value Analysis
7.2.1 Unit Values Realised from Exports
7.2.2 Unit Values Paid for Imports
7.2.3 Relative Terms of Trade Index

8. INSTABILITY AND COMPETITIVENESS OF EXPORTS
8.1 Instability of Exports
8.1.1 Stabilisation Effect of China
8.2 Competitiveness of Exports
8.2.1 Studies on India’s Export Competitiveness
8.2.2 Competitiveness of India’s Exports to China
8.2.3 Competitiveness: Commodity Specific
8.2.4 Market Shares and Unit Values: The Relative Level

9. REVEALED COMPARATIVE ADVANTAGE
9.1 Global and Indian Reviews of Comparative Advantage
9.2 Revealed Comparative Advantage and its Measurement
9.3 The Analysis of Revealed Comparative Advantage (RCA): India
9.4 The Analysis of Revealed Comparative Advantage (RCA): China
9.5 India-China: A Comparative Analysis of RCA

10. INDIA-CHINA ECONOMIC COOPERATION: THE ROAD AHEAD

BIBLIOGRAPHY

INDEX

India’s economic relations with China remained at low ebb after the Border War in 1962. However, economic ties between the two countries got a big boost when India initiated economic liberalization programme in early 1990s. India and China–with massive populations of 121 crore and 135 crore respectively–are the two fastest growing economies in the world. According to the much-publicised Goldman Sachs BRICS (Brazil, Russia, India, China and South Africa) Report, India is predicted to become the third largest economy in the world, after China and USA, by the year 2050, overtaking all other developed economies. Economic relations between the two emerging economic giants of the world need to be strengthened for mutual benefit.

The present volume provides a comprehensive analysis of economic relations between India and China in a disaggregative and comparative manner. Growth and composition of trade between the two countries has been examined through various trade related indices. Various dimensions of India’s exports to China have been assessed in detail. Moreover, economic reforms and FDI inflows of the two countries have also been examined in a comparative perspective.

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India--Foreign economic relations --China
India--Commerce--China.

338.9

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