The Rise of China and India---remaking of the New World Order

Syed Hasanat Shah, Jun Jiang Li and Wang Li

MPRA Paper from University Library of Munich, Germany

Abstract: In this study we try to observe whether growing China and India will Challenge the existing World Order or will they prefer status quo, and if they don’t then how they will assert themselves with in the existing system. Based on reality checks, we concluded that India and China are not revisionist states and they prefer to follow the prevailing rules and norms, at least, for maintaining growth and ensuring stability at home. Similarly, China and India are in critical stages of transition where any misdemeanor of challenging ‘World Order’ or each other can jeopardize their efforts and can bring them to squire one. Direct confrontation in increasingly interdependent world is losing appeal while wide spread domestic reforms are converging policies and is increasing interdependence between China and India. Similarly, proximity, rising status with in the system, common experience of colonization and emphasis on order and stability are some out and inside pressures that is reshaping the relationship of China and India and shows that there is a lot between them to cooperate than to confront. Though the two countries are not in a position to challenge the existing order, however, their relations will change the structure, if not the rules, of the order.

Keywords: World Order; Transition Economies; Policy Convergence; Regionalism; Gross National Income; Bilateral Trade; Cooperation; Confrontation (search for similar items in EconPapers)
JEL-codes: F5 (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/52574/10/MPRA_paper_52574.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:52574

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().