The Chinese and Indian Corporate Economies - A Comparative History of their Search for Economic Renaissance and Globalization (Hardcover)

This is a compelling analysis of the corporate economies of China and India, which are having a huge impact not just on the international economy, but also in the geopolitical and international strategy sphere as a result of an accelerated globalisation by these two countries, which is unleashing powerful economic challenges to corporate structures, economic institutions and law worldwide. The big question is how after centuries of underdevelopment China and now India are emerging powerfully and pulling ahead of Western European economies. Analysing the role of the state and the adroit use of law, and their impact on the corporate evolution of both China and India, provides greater clarity and insight into why China has evolved as a manufacturing nation utilizing cheap abundant labour while India has not exploited such advantages but instead focused on IT and higher value industries, even abroad as Tata has demonstrated in the motor industry in Europe. Again while Chinese corporations have expanded abroad as an arm of the state into Asia, Middle East, Africa, Europe, Latin America and parts of the southern states of the USA, India has pushed principally into Europe through the efforts of powerful minority capitalists of Parsi and Gujerati background, overcoming technological gaps and differences through acquisitions and absorptions of existing corporations in particular industries, especially in steel, automobiles and textiles. In China, state owned corporations have been dominant. In India, though state owned enterprises have been powerful since 1951, it has been private capitalists with an established stronghold since the colonial period and even under the Socialist period from 1951-1991 who have been the more productive main actors both in India and abroad.

General

Imprint:	Routledge
Country of origin:	United Kingdom
Series:	Routledge Studies in the Growth Economies of Asia
Release date:	February 2017
First published:	2017
Authors:	Raj Brown
Dimensions:	234 x 156mm (L x W)
Format:	Hardcover
Pages:	472
ISBN-13:	978-1-138-92988-3
Categories:	Books > Business & Economics > Economics > General Books > Reference & Interdisciplinary > Interdisciplinary studies > Area / regional studies > General
LSN:	1-138-92988-3
Barcode:	9781138929883

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