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India China Complex
American Journalism Center ^ | January 27, 2010 | Sheila Archambault

Posted on 01/27/2010 10:25:11 AM PST by bs9021

India China Paradox

Sheila Archambault, January 27, 2010

Sheila Archambault

The main question should not be if India will economically catch up with China but if India should try to catch up with China, said a scholar at a Heritage Foundation event discussing India and China’s future and current position in the international political economy.

Some leaders in India argue that India and China are different countries, with distinct cultures and histories, so India should feel no obligation to try to catch up with China, but instead, India should develop at its own pace and in its own way, said Raja Mohan, the Henry Alfred Kissinger scholar at the John W. Kluge Center in the Library of Congress.

The tradition of India’s political culture is not about hegemony, so India should not feel obliged to try to become the next hegemony, he added.

At the same time, “there is a lot to be learned from China, and China has a lot to learn from India,” said Mohan Guruswamy, the author of the book, Chasing the Dragon: Will India Catch Up With China? and the chairman of the Centre for Policy Alternatives in New Delhi, India.

“We (India) don’t have to learn politics from the Chinese,” but India needs to learn more about economics and industry from the Chinese, Guruswamy said.

“Last year foreign direct investment in India was $40 billion … we have never seen such kinds of flows coming into India,” and that makes the country hopeful, he said....

(Excerpt) Read more at ...

TOPICS: Business/Economy; Government; Politics; Travel
KEYWORDS: china; heritage; india; tradedeficit

1 posted on 01/27/2010 10:25:13 AM PST by bs9021
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