Description: 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.
Brief description: Shalendra D. Sharma, Ph.D., is Professor in the Department of Politics at University of San Francisco, where he has taught since 1993. He also teaches in the MA program of the Department of Economics. Sharma is the author of multiple books and articles, including Achieving Economic Development in the Era of Globalization (2007), The Asian Financial Crisis: Meltdown, Reform and Recovery (2003), and Democracy and Development in India (1999), which won the Choice Outstanding Academic Title Award. Sharma has also served as a consultant to the World Bank and has travelled extensively throughout India and China.
Review Quotes: "The spectacular rise of China and India, already looming on the horizon at the turn of the millennium, promises to cast a long shadow on the 21st century. Shalendra Sharma is unusually well qualified to analyze their economic and political development in comparative perspective. His well-written and wide-ranging book, focusing on these two giants' integration into the world economy, is aptly suited either for scholarly or recreational reading."
- Lowell Dittmer, University of California at Berkeley