Gravity Shift

'Gravity Shift is a fascinating account of the emergence of India and China as Asia's giant economies ... essential reading for comprehending the similarities and contrasts ... and how these countries promise to transform the global economy in the forthcoming decades.' -- Arvind Panagariya, Columbia University School of International and Public Affairs; author of India: The Emerging Giant 'Gravity Shift is a big-picture analysis of where the economies of China and India are today and what the future may hold ... Excellent and well-written book.' -- Loren Brandt, University of Toronto; co-editor of China's Great Economic Transformation

Dobson's perceptive analysis of changing institutions, demographics, and politics paints a thoughtful and surprising picture of India and China as economic powerhouses in the year 2030.

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. Wendy Dobson's perceptive analysis of changing institutions, demographics, and politics 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 ageing 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, to inform and transform global economic institutions.