Kazakh Essay

1830 words - 7 pages

Organization and Planning of ResearchManagementRussian GroupShayedenov ZhandosHome 8, 05/11/2014Economical giants: China and IndiaThe contemporary world with constant economic difficulties has stimulated a lot of countries to develop economically and politically. Of course, this kind of development is not "available" to any country because it has certain requirements to the developing country. Not so many countries can claim themselves to be "economic giants". The United States of America occupies the position of the first "economic giant" in the economy-chart of the planet. The leadership of the USA is unchallengeable; nevertheless two other countries are expected to become USA's main economic partners to share this primacy. They are China and India. The analysts make the boldest predictions over the growing potential of these two countries. All the predictions are reduced to viewing the XXI century as the century of Asian economic and political expansion. The increasing influence of China and India and their future as "economic" giants makes it necessary to evaluate the strength of the influence over the world they can possibly gain. It is also necessary to evaluate the possible impact of India and China on the strategic development of planet in general. Both of the giants at the present moment work together in order to grow economically and therefore exchange different experiences useful for both of the sides. Being partners makes them even stronger as their alliance makes them develop faster in comparison to their solitary development. To situation requires a deep analysis of the economic activity of each these countries, because China and India are not just about huge populations, but also about bright history and future.2. China's economyWhat capacity does China have in order to gain the position of an "economic giant" and to become almost equal to the USA. "As a first step toward understanding China, one can hardly do better than to spend some time with a good atlas. It is vital to understand China's diversity. And a key element in that diversity is its geography…1"[Starr, 3]. China's power is growing every day but still this is not the main factor indicating its potential as an economic giant. The reason that makes the USA pay a lot of attention toward the economical and political development of China is very important: "China's rise has more in common with the rise of the United States a century earlier"[Shenkar, 1]. This similarity of the economic processes makes a solid base for all the "giant" predictions that China gets. For 26 years of reforms the annual increase of the Chinese economy made 9,4% at the average. This numeral exceeds the economic increase of the developed countries in 4 times, the rate of growth of world economy in 3 times and the economic growth of the developing countries in 2 times. Almost every country in the world gets the products, which claim: "Made in China". China shows its "increased dominance in many...

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