team formation antonio varela laura mundy patrick nolan tejaswi javagal
DESCRIPTION
A comparison - Similarities Worlds leading and richest at one time Reemerging as world powers strong external positions low external debtTRANSCRIPT
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Team Formation
Antonio VarelaLaura MundyPatrick Nolan Tejaswi Javagal
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The Question..???
Will India and China Keep Growing at the same pace ?
Will the Infrastructure be able to keep up?
Sustainable growth?
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A comparison - Similarities Worlds leading and richest at one
time
Reemerging as world powers
strong external positions
low external debt
![Page 4: Team Formation Antonio Varela Laura Mundy Patrick Nolan Tejaswi Javagal](https://reader037.vdocuments.mx/reader037/viewer/2022100307/5a4d1b8e7f8b9ab0599c01ea/html5/thumbnails/4.jpg)
A comparison - Differences
China India
Manufacturing Services
Export driven Domestic Consumption driven
Single Party Rule Multi Party Democracy
Liberalization started in 1979 Liberalization Started In 1991
Recently Included Into WTO Founding member of GATT/WTO
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GDP Growth Rates
India China
International Monetary Fund
India China
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Inflation rates
India China
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China – Roads & Expressways 1.71 million kilometre
adding more than a million kilometres since 1979.
19,000 kilometres of Expressways
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China – Railroads
102,000 kilometres of operating track
24,000 kilometres electrified
carried 12billion passengers
3.7 billion tons of cargo.
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Problem - China
Inadequate infrastructure
Heavily government dependent
Not able to cope with the growth
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China -Solutions
Include Private investors
Develop alternate destinations
Leverage its manufacturing powers to grow in services
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India – Roads & Railroads 96,000 Kilometers
20,000 Kilometers highways carry 40% of traffic
62,500 Kilometers Fourth heavily used system Carries 2/3 rd of freight
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Problems
Severe infrastructure bottlenecks
Lack of quality Infrastructure
Low spending on Infrastructure due to high government debt
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Solutions
Increase Infrastructure spending Public - private partnership Share the risk
Speedy approvals Cut red tape Incentives to invest
Develop alternate investment destinations SEZs
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Composition of GDP
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The best approach
China : Manufacturing Services = OpportunityPolicies supporting IT/ Services
India : ServicesManufacturing = OpportunitySEZs
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Who ..??
China: State =>Opportunity for private sector
India: Private Enterprise=> Improvements in State capacity
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Conclusion Conditional Yes …!!!!
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QUESTION(S)…???