The famous couple, again

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Front_cover_only Where is it occurring? Who is benefiting most? Is it sustainable? And what are the implications for the rest of the world? These are the main questions in a freshly published World Bank book on the role of China and India in the global economy.

The question underlying the analysis is very simple. China and India account for 37.5 percent of world population and 6.4 percent of the value of world output and income at current prices and exchange rates; as their per capita production and consumption approach level similar to those of today’s developed economies—a standard to which, broadly speaking, both Giants aspire—major effects on global markets and global commons seem inevitable.

The full text of "Dancing with Giants" is available here.

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