The topic of my paper is the comparison between the ideologies of China and India towards their business economies. The reason this topic is very important is because India and China are growing superpowers in the world and play very important roles in the modern day world economy. But India is lagging behind the Chinese economy, so why is India lagging behind and what is the difference between their economies and the ideologies that run them?
The differences between China’s view on business and India’s view is that China’s growth was caused by focusing more on manufacturing and less upon labor otherwise known as knowledge-intensive services. India’s business boom has been caused by newer industries such as knowledge-intensive industries and services. India’s development has lagged and has gained momentum gradually. In India there was much less foreign capital participation and expatriate investment.
The first section of this paper will explore the puzzle of the paper. The puzzle of the paper is how are the ideologies of India and China different when it comes to how they handle their economies and how is this ideaology causing India to lag behind China? The second section will review existing views, while providing my own argument in contrast with existing view. For example the view that China is a relatively communist country and India is democratic and therefore it takes longer to pass bills and policies in India than it does in China. Thirdly to support my argument I will presenting evidence from the Chinese economy and the Indian economy, like their fiscal policies and other economical policies that allow China to have a more lucrative economy than India
Sandeep Kumar
03/27/13
Political Economy
The topic of my paper is the comparison between the ideologies of China and India towards their business economies. The reason this topic is very important is because India and China are growing superpowers in the world and play very important roles in the modern day world economy. But India is lagging behind the Chinese economy, so why is India lagging behind and what is the difference between their economies and the ideologies that run them?
The differences between China’s view on business and India’s view is that China’s growth was caused by focusing more on manufacturing and less upon labor otherwise known as knowledge-intensive services. India’s business boom has been caused by newer industries such as knowledge-intensive industries and services. India’s development has lagged and has gained momentum gradually. In India there was much less foreign capital participation and expatriate investment.
The first section of this paper will explore the puzzle of the paper. The puzzle of the paper is how are the ideologies of India and China different when it comes to how they handle their economies and how is this ideology causing India to lag behind China? The second section will review existing views, while providing my own argument in contrast with existing view. For example the view that China is a relatively communist country and India is democratic and therefore it takes longer to pass bills and policies in India than it does in China. Thirdly to support my argument I will presenting evidence from the Chinese economy and the Indian economy, like their fiscal policies and other economical policies that allow China to have a more lucrative economy than India
The topic of my paper is Peru’s governments response to the global financial crisis of 07-09, specifically the widespread change in monetary policy that happened because of it. Management of the crisis by emerging markets such as Peru’s needed a combination of both unconventional and conventional addendums in its monetary policy because of the need to preserve its transmission mechanism. The combination and implementation of Peru’s specific monetary policies showed the importance of keeping high liquidity at three different levels. The first is the international reserves held within the central bank. The second is the liquidity of the financial intermediaries and the third is having an adequate position of public debt in terms of its average maturity and currency composition. This paper aims to explore this not only as how it relates to specifically Peru but how it relates to it as a emerging market in general, with the aim as to where it might go towards in the future.
Sandeep Kumar
03/27/13
Political Economy
The topic of my paper is the comparison between the ideologies of China and India towards their business economies. The reason this topic is very important is because India and China are growing superpowers in the world and play very important roles in the modern day world economy. But India is lagging behind the Chinese economy, so why is India lagging behind and what is the difference between their economies and the ideologies that run them?
The differences between China’s view on business and India’s view is that China’s growth was caused by focusing more on manufacturing and less upon labor otherwise known as knowledge-intensive services. India’s business boom has been caused by newer industries such as knowledge-intensive industries and services. India’s development has lagged and has gained momentum gradually. In India there was much less foreign capital participation and expatriate investment.
The first section of this paper will explore the puzzle of the paper. The puzzle of the paper is how are the ideologies of India and China different when it comes to how they handle their economies and how is this ideaology causing India to lag behind China? The second section will review existing views, while providing my own argument in contrast with existing view. For example the view that China is a relatively communist country and India is democratic and therefore it takes longer to pass bills and policies in India than it does in China. Thirdly to support my argument I will presenting evidence from the Chinese economy and the Indian economy, like their fiscal policies and other economical policies that allow China to have a more lucrative economy than India
Sandeep Kumar
03/27/13
Political Economy
The topic of my paper is the comparison between the ideologies of China and India towards their business economies. The reason this topic is very important is because India and China are growing superpowers in the world and play very important roles in the modern day world economy. But India is lagging behind the Chinese economy, so why is India lagging behind and what is the difference between their economies and the ideologies that run them?
The differences between China’s view on business and India’s view is that China’s growth was caused by focusing more on manufacturing and less upon labor otherwise known as knowledge-intensive services. India’s business boom has been caused by newer industries such as knowledge-intensive industries and services. India’s development has lagged and has gained momentum gradually. In India there was much less foreign capital participation and expatriate investment.
The first section of this paper will explore the puzzle of the paper. The puzzle of the paper is how are the ideologies of India and China different when it comes to how they handle their economies and how is this ideology causing India to lag behind China? The second section will review existing views, while providing my own argument in contrast with existing view. For example the view that China is a relatively communist country and India is democratic and therefore it takes longer to pass bills and policies in India than it does in China. Thirdly to support my argument I will presenting evidence from the Chinese economy and the Indian economy, like their fiscal policies and other economical policies that allow China to have a more lucrative economy than India
The topic of my paper is Peru’s governments response to the global financial crisis of 07-09, specifically the widespread change in monetary policy that happened because of it. Management of the crisis by emerging markets such as Peru’s needed a combination of both unconventional and conventional addendums in its monetary policy because of the need to preserve its transmission mechanism. The combination and implementation of Peru’s specific monetary policies showed the importance of keeping high liquidity at three different levels. The first is the international reserves held within the central bank. The second is the liquidity of the financial intermediaries and the third is having an adequate position of public debt in terms of its average maturity and currency composition. This paper aims to explore this not only as how it relates to specifically Peru but how it relates to it as a emerging market in general, with the aim as to where it might go towards in the future.
^Ricardo Urena