weekeegeepee

Saturday, April 28, 2007

China and India

Viewpoint: China ignores wage gap
Costs of economic growth (i think it's mentioned in sloman):
"It's well-accepted by now that rapid economic expansion, which has pulled more than 200 million Chinese out of poverty in 30 years, isn't the end game; the quality of growth — sustainable exploitation of natural resources and a fair distribution of income — also matters."

Also, it is argued that there is an inverse relationship between wages and productivity - "A Cambridge University economist, Jose Gabriel Palma, blames it on the emergence of the "scissors" effect between wages and productivity."

South Asian leaders gather in New Delhi for summit:
can make a good example of limitations in intergovernmental efforts to break down national boundaries - "The group was set up to promote economic cooperation and has since sought to tackle a range of issues, from food security to terrorism. But progress in most areas has been slow, mainly because of the rivalry between India and Pakistan."

What role for emerging India as a U.S. ally?: the relationship between India and the US might be equally interesting to keep an eye on.

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