Globalization is the increased mobility of goods, services, labour, technology and capital throughout the world. This process has speeded up over the years, especially with the growth of new information and communication technologies.
Through these changes, we can see the growth of emerging countries that open themselves to the world. Until now, the main economic powers were situated in the Western World, but today we can notice the rise of Eastern countries like China and India that have all the qualities to be world powers. But the rise of these new worldwide powers will not happen without some consequences on the world. So, do we have to fear the rise in power of China and India? What would be the consequences on the world from this entry on the international scene? Thus, it is necessary to know first a bit more about these two countries (I), what are after, the origins of these growths (II), know if it is good for them (III) and finally, we will see the consequences on the world (IV).
[...] Diplomatic Aspect The rise in power of China and India can have consequences on the international scene, especially in the diplomatic side, with other worldwide power. First of all, this rise in power could increase difficulty in relation with the United States that want to control the whole world. In fact, they can have“containment behaviour” to avoid China and India growing. So, it is a matter of power, who controls who. China and India have to be careful because they are still dependant from the United States. [...]
[...] This inflation makes the energy price increases too. There is also the rupee appreciation that could slow down the foreign investments. Finally, even with this economic growth, if India is not careful, it can break some foreign investments that made it grow. Despite there negative points, in a general way, what could be the consequences of the rise of China and India on the whole world? IV. Worldwide consequences The empowerment of China and India will have, inevitably, worldwide consequences and this, at several levels. [...]
[...] This suppresses many oppurtunities in countries where the firms were established. On the other hand, the rise of power in China and India can be followed by the growth of other countries, especially Brazil and Russia that have quite the same capacities to be a global power. Conclusion Finally, China and India can and have their place on the international scene. They now have all the means to be powerful and impose themselves to the whole world. So, we don't have to fear this [...]
[...] Moreover, many of Chinese students who are studying in the best Chinese Universities make exchange programs with Europe or the United States and after, some of them come back to China with what they have learnt from the “Western World”. So, it is a good point for China to have some of their future executive managers with an American or European way of thinking for example. The trade swivel of the Asian region Concerning an economic point of view, we can say that China is definitely an economic power. [...]
[...] High technologies and services, its spearhead India is definitely the master in informatics domain services. In fact, it represents 40 billion of revenues this year, a growth of compared to 2006. The annual growth rate in this field rises up to and annual exportations in software go past 10 billion This can be explained by the Indian will to be efficient in this field, especially by educating Indian to be qualified engineers. Bangalore, that is the high tech research city of India counts today more than engineers whereas in the Silicon Valley in the United States, they are These figures show us well the will of India to do their best. [...]
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