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The rapid rise of China and India is reshaping our global economic and environmental systems, raising major issues of stability, governance, and sustainability. This book develops a framework that shows the interdependence between economic size, trade, finance, technology, environment, security, and global governance. The author uses this framework to provide data on the speed of global power shifts and to trace the implications for nations worldwide. Specifically, as the book shows, China and India`s unchecked growth has the potential to ignite trade, resource, cold, and conventional wars. Moreover, these nations could set in motion monumental challenges related to climate change. The author argues that the current international governance system is not actively trying to defuse the challenges of these frictions. The major powers, including China and India, must do more to address the gathering storm. Developing sustainable economic and social relationships will be a most difficult charge, but the cost of putting off reforms will be lower global welfare. The author discusses the starting points for initiating these changes. The book will be of interest to students and researchers of Development Economics, International Relations and Asian Politics. ISBN - 9789382264644
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Pages : 326
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