Gravity Shift: How Asia's New Economic Powerhouses Will Shape the 21st Century (Rotman-UTP Publishing)

The rapid growth, diversity, and strategic importance of the emerging Chinese and Indian economies have fired the world's imagination with both hopes and fears for the future. In this perceptive analysis of changing institutions, demographics, and politics, Wendy Dobson paints a thoughtful and surprising picture of India and China as economic powerhouses in the year 2030. Examining past events and current trends, Gravity Shift offers bold predictions of the changes we can expect in key economic and political institutions in China and India, changes that will inform and shape tomorrow's business decisions.

Dobson's work anticipates that by 2030, China's economy will be larger than those of the United States, India, and Japan, though its population will be aging and its growth slowing. India will also come into its own, making major strides in modernizing its vast rural population, vanquishing illiteracy, and emerging as an innovative manufacturing powerhouse. A China-India free-trade agreement could well become the foundation of a cooperative Asian economic community. As the world re-evaluates business practices in the wake of the global economic crisis, Gravity Shift provides a clear vision of how India and China will reshape the Asian region and inform and transform global economic institutions.