World Famous Comics: The Elephant and the Dragon: The Rise of India and China and What It Means for All of Us
The Elephant and the Dragon: The Rise of India and China and What It Means for All of Us
By: Robyn Meredith Publisher: W. W. Norton Average Rating: Binding: Paperback Label: W. W. Norton Number of Items: 1 Number of Pages: 256 Publication Date: June 02, 2008
Product Description: "A comprehensive primer on the development of these Asian tigers."—Noam Lupu, San Francisco Chronicle
The Elephant and the Dragon is the essential guide to understanding how India and China are reshaping our world. With labor now unbound from geographic borders, we're seeing startling shifts in how—and where—nearly everything we buy is made. In a compelling mix of history and on-the-ground reporting, veteran journalist Robyn Meredith untangles the complex web of business and politics, as well as environmental and cultural issues that entwine India, China, and the West. She also outlines how Americans—business leaders, workers, politicians, even parents—can understand the vast changes coming and thrive in this new age.
very well written Excellent book for anyone wanting to understand the role of India and China in global economy. Not only does the book present the current happenings in both the countries contributing to their increasing profile in global trade, it also provides an overview of the last 60 years of history and how this history is intertwined with the rise of capitalism in these two great countries.
A Challenge Facing America While I spend most of my time writing and speaking about India's role in the global economy I am always aware of the rise of China and the economic challenge that it poses to America.
One of the fine works which looks at that is "The Elephant and the Dragon: The Rise of India and China and What It Means for All of Us" by Robyn Meredith, the editor for Forbes magazine based in Hong Kong. Meredith , points out that India has developed its infrastructure and economy to the level that it no longer should be seen as a dumping ground for cheap consumer goods.
But personally I found the book more interesting because of Meredith's insight into China. Meredith issues a wake-up call when she points out that China now exports more in one day than it sold abroad during all of 1978.
We need to listen and consider the implications that China's rapid economic growth was directed by an authoritarian leadership rather than by a democratic economy. Another wake-up call is that China's (and India's) need for raw materials and energy will prompt it to turn to such countries as Iran, the Sudan, and Venezuela.
Meredith also does a nice job discussing those forces that will hinder China's and India's long-term development. The author also does a good job in discussing what should be America's role in the global economy, why we should abandon isolationism, and why the U.S. must have a greater focus on education.
By Gunjan Bagla Author of Doing Business in 21st Century India
the elephant & the dragon Excellent book!! If you are interested in the upcoming and important economies of the world this is a must read. This is a very readable and entertaining book.
scary Well, Robyn lays it all out here. Kids say in school. This is good reading and very pertinent information for people in the work force today. Things have changed in the last seven years. Stay informed, this is a good informative book. Damon
Very Interesting View From 30,000 Feet I very much enjoyed the opening chapters as Meredith spewed out statistics and opinions and history of how China and India have come to be in their current economic situations. This was very well written and extremely easy to read as well as quite engaging. Reading these two chapters is worth the trip to the library for this book as they provide a fascinating expose of why socialistic ideals, while bred from trying to do well, provide the opposite in practice. Capitalism and democracy when put in place with the least amount of lawmaker interference will bring out the best in people and the land on which they are living.
However, in the chapters explaining the outsourcing of service jobs to India and factory jobs to China, I began to look at the footnotes. Many footnotes reference the same work over and over and over again. This isn't necessarily bad, but the viewpoint from the author is somewhat simplified and with only a limited number of sources, there isn't the in depth look at the statistics or the line of reasoning. For instance, on page 85, the author mentions that economists are locked in arguments about how vast the changes will be due to "offshoring". However, Meredith only quotes one source and therefore one side of the argument and the source is one that has been quoted previously in the same debate. This is common throughout the book.
The chapter on "disassembly lines" was very good as a beginning look at Supply Chain economics. But again, it didn't go far enough with comparisons on how long things take to manufacture from start to finish as compared to before China and after China. Maybe I'm too tough on comparisons, but in telling this type of information, I like to see more of both sides of the equation.
The last chapter is interesting and brings up some discussion points, but some of it is pretty far out there. Going on and on about how China affects our housing pricing due to their holding of dollars is quite a stretch. After all, they were still holding dollars as interest rates went up and then down. There are many external factors that are closer to the United States and have a more immediate impact. And again, she is rambling in opinion without any reference points. Complaining that China is over-polluting and should be using Ethanol while pointing out that China has a water/irrigation problem and is gobbling up farmland for manufacturing just doesn't make any sense - going to Ethanol will only make the food supply more scarce.
I could go on chapter by chapter, but you get my point. There isn't enough of the thoughtful interplay that I would expect in this type of book. Where are both sides of the story? Where is the depth? In Chapter Three about China financing its growth of infrastructure, Meredith begins to scratch the surface about the banking problems that might arise from the demands of the Chinese government to hand out loans to whomever they (the government) see fit. This would have been a wonderful place to explore the differences of how various governments finance infrastructure and to do a compare and contrast with China, India and maybe the U.S. or Great Britain.
I guess I'm looking for the next step. This book is a very good start of this topic, but it doesn't go far enough for me. I wanted more of the details. Maybe that isn't what the author was attempting. I did notice that much of the reference material was on-line website information or magazine articles. Some were direct interviews and that always leaves me wondering. Meredith is a good magazine article writer and wrote this book in a similar manner. The subject material is such a current interest; I hope that someone writes something with more substance. If it's out there, I'd appreciate a comment with some other readings that have more depth.
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