Emerging Global Economy

Has India Missed the Bus ?

a l i ttl e bi t o f hi sto ry
Sea Voyages circa 1500
Trade
Industrial Revolution
circa 1700 - 1800
World War II
1945
Scientific Development
Financial Development
Wars
Paternalistic Capitalism
U S A
Japan
1970
High Savings Rate
Technological Innovation
Role of the Government
Management Innovation
A relatively small country in terms of territory and population,
Japan lacks many of the vital elements for economic development, such as
oil, coal, iron ore and other raw materials. Except for growing rice to feed its people, the
country in every sense depends on foreign resources for its highly complicated industrial
machine. Therefore, the model of economic growth that the country has pursued for over five
decades differs significantly from the experiences of Western Europe and North America
both regions that by and large enjoy abundant raw materials. Japan, however, has to import
the resources, process them at home and find markets to export them to. To survive and
progress, therefore, the country had no choice but to become a master of trade.
4 Asian Tigers
1980
Following the Japanese Model
Hong Kong and Singapore
have become world-leading
international financial centres,
whereas South Korea and Taiwan are
world leaders in manufacturing IT
related products.
Tiger Cub Economies

Tiger Cub Economies are so
named because they follow the same export-
driven model of economic development
pursued by Hong Kong, Singapore, South
Korea and Taiwan.

The Rise of China
Chinese Cities
Shanghai Station
Shanghai
Top 10 Modern Cities in China
22:00
3:00
Brazil
South Africa
India
China
Russia
1
2
3
1
3
2
4
The
Leader
The Strong
#2 or #3
The
Middle
Order
The
Guerrillas
The Global Power Square
1
3
2
4
The
Leader
The Strong
#2 or #3
The
Middle
Order
The
Guerrillas
The Global Power Square
Brazil
South Africa
India
China
Russia
1
2
3
?
?
?
India
10 min
China
20 min
In one leap of stupidity
we might have jumped from an under developed third word country
to a decadent first world country.
.
t/ -.