Asia's Rise: Gravity Shift but not a Power Shift
Tuesday, October 20th, 2009
| Date | Time | Location |
|---|---|---|
| Tuesday, October 20, 2009 | 2:00PM - 4:00PM | Seminar Room 208N, Munk Centre For International Studies 1 Devonshire Place |
Description
The rapid growth, diversity and strategic importance of the emerging Chinese and Indian economies have fired the world’s imagination with both hopes and fears for the future. Wendy Dobson’s perceptive analysis of changing institutions, demographics, and politics paints a thoughtful and surprising picture of India and China as economic powerhouses in the year 2030. Examining past events and current trends, Gravity Shift offers bold predictions of the changes we can expect in key economic and political institutions in China and India, changes that will inform and shape tomorrow’s business decisions.
Dobson’s work anticipates that by 2030, China’s economy will be larger than those of the United States, India, and Japan, though its population will be ageing and its growth slowing. India will also come into its own, making major strides in modernizing its vast rural population, vanquishing illiteracy, and emerging as an innovative manufacturing powerhouse. A China-India free trade agreement could well become the foundation of a cooperative Asian economic community. As the world re-evaluates business practices in the wake of the global economic crisis, Gravity Shift provides a clear vision of how India and China will reshape the Asian region, to inform and transform global economic institutions.
Wendy Dobson is the director of the Institute for International Business at the Rotman School of Management, University of Toronto.
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