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The Elephant and the Dragon: The Rise of India and China and What It Means for All of Us | Robyn Meredith | A Challenge Facing America
 
 


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 The Elephant and t...  

The Elephant and the Dragon: The Rise of India and China and What It Means for All of Us
Robyn Meredith

W. W. Norton, 2008 - 256 pages

average customer review:based on 31 reviews
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     highly recommended  highly recommended



"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.


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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.


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



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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.


As the United States descends two new stars are on the rise

China is the world's new manufacturing powerhouse while India is vying to supersede the United States by producing more code, more engineers and more scientists, although this book (I listened to the unabridged audio book) mostly focuses on the technology support services.

Many of the items you buy in your local Wal-Mart are now designed in India and produced in China. Why? Because the United States cannot be competitive without innovation. It cannot compete in world markets when it produces less engineers, less scientists and less computer programmers - all of whom demand ten times the salary of the abundantly available Indian counterparts grasping for their own meteoric rise to a materially wealthy lifestyle. The Elephant and the Dragon explain the how and why of the global economics that are currently rocking the U.S. to its foundation.

It may already be too late to recapture what made America the "shining light on the hill" but this book is a captivating look into the two vast countries that will replace us in the next century as the world's dominant suppliers of goods and services.


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Fresh insight into the business and cultural particularities of two countries

The author offers some good material about business trends in China and India and talks as well about the cultural and psychological factors which played an important role for the recent economic transformations in these countries. The description of the problems hindering a long-term development in India and China (corruption and infrastructure difficulties in India, Chinese communistic mindsets and government overregulations) is really interesting. The book proposes some recommendations for Americans and some predictions about Chinese manufacturing and their next economical targets, but this part doesn't sound convincible. Given the economic crisis, the predictions are no longer valid. I think however that some US consumers will shift from high-end products towards middle-end products. If the Chinese manufacturers can shift a part of their low-end production to middle-range products China could emerge event stronger from this crisis.


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reviews: page 1, 2, 3, 4, 5, 6, 7



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