China and India in the Age of Globalization

The rise of China and India is the story of our times. The unprecedented expansion of their economic and power capabilities raises profound questions for scholars and policymakers. What forces propelled these two Asian giants into global pacesetters and what does their emergence mean for the United States and the world? With intimate detail Shalendra D. Sharma’s China and India in the Age of Globalization explores how the interplay of socio-historical political and economic forces has transformed these once poor agrarian societies into economic powerhouses. Yet globalization is hardly a seamless process as the vagaries and uncertainties of globalization also present risks and challenges. This book examines the challenges both countries face and what each must do to strike the balance between reaping the opportunities and mitigating the risks. For the United States assisting a rising China to become a responsible global stakeholder and fostering peace and stability in the volatile subcontinent will be paramount in the coming years.