China and India as a New Centre of World Economy

Viac o knihe

The book explores the evolution of global economic centers post-World War II, focusing on the rise of China and India as significant players competing with the U.S. for leadership. It employs a theoretical framework rooted in development economics and econometric analysis, examining the political and economic development of these nations from 1955 to 2017. The author emphasizes the roles of physical and human capital in shaping creative economic activities, providing insights into the determinant processes that have influenced their growth trajectories.