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China, India, and the future of the world economy : fierce competition or shared growth? (English)

Although both China and India are labor-abundant and dependant on manufactures, their export mixes are very different. Only one product-refined petroleum-appears in the top 25 products for both countries, and services exports are roughly twice as important for India as for China, which is much better integrated into global production networks. ... See More +

Policy Research Working Paper WPS4304 AUG 01, 2007

Dimaranan, Betina; Ianchovichina, Elena; Martin, William J.

Growth, globalization, and gains from the Uruguay Round (English)

Emphasizing the importance of evaluating the Uruguay Round in the context of a changing world economy, the authors base their projections on a model that incorporates certain economic shifts: 1) that the center of economic gravity will shift toward the South and toward Asia (a shift that is already under way and shows no signs of abating), and 2) that the pattern of comparative advantage will continue to change, with the East Asian economies gaining comparative advantage in the production of physical and human-capital-intensive products. ... See More +

Policy Research Working Paper WPS1614 MAY 31, 1996

Hertel, Thomas W.; Bach, Christian F.; Dimaranan, Betina; Martin, Will