India and Asia in the World Economy: The Role of Human Capital and Technology

Guha, Ashok; Ray, Amit

doi:10.1177/002088170404100304

Cited by 7 publications

(6 citation statements)

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“…Finally, as noted by Guha and Ray (2004) apart from skills, knowledge, and S&T capacity, a key source of India's strength has been its "knowledge of English language which we had inherited from our colonial past" This has proved to be "an asset of incalculable value in an age of instant world-wide communication, basically in the English Given that India's emergence has centred on a limited number of specific sectors, an obvious question that arises is whether (and to what extent) it has been ignited by sector specific policies. We find quite a divergence among sectors in this regard.…”

Section: Iv1: Evolving Trade Structurementioning

confidence: 81%

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Reflections on India’s Emergence in the World Economy

Ray¹,

Ghosh²

2017

The Economies of China and India

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This paper attempts to capture how India embraced the world economy against the backdrop of the evolving domestic and international economic policy environment. We begin with a brief overview of the evolution of India's development policy framework. Next, we attempt to understand why India failed to join the league of 'Asian Miracle' economies that embarked upon a phenomenal growth path during 1960s, 70s and 80s. This is followed by a quantitative presentation of the process of India's integration with the world economy that was effectively set in motion only after a turnaround in its policy regime in the 1990s. Finally, we conclude that India's post-colonial policy thrust on public funded higher education and research in science & technology, creating a strong base of human capital and technological capability, acted as the key drivers of India's economic emergence during the last couple of decades.

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Section: Iv1: Evolving Trade Structurementioning

confidence: 81%

“…12 In other words, it was from the late-1980s that India could eventually escape the "Hindu" equilibrium stagnation. While the average growth rate in the period 1 1 Guha and Ray (2004).…”

Section: The Story Of India's Emergence Post-1991mentioning

confidence: 99%

Reflections on India’s Emergence in the World Economy

Ray¹,

Ghosh²

2017

The Economies of China and India

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“…To capture the contribution of technological progress to India's manufacturing GDP growth, there has several studies estimating total factor productivity growth along the lines of Solow [22]. 4 Based on these estimates, we may conclude that India's experience with TFP growth post 1980 has been at best modest with periods of stagnation. In other words, technological progress (a la Solow) has perhaps not contributed significantly to India's industrial growth.…”

Section: B Technological Learning and Catch-upmentioning

confidence: 99%

Leveraging public funded research for India's economic emergence: The role of IPR

Ray

Saha

2011

2011 Atlanta Conference on Science and Innovation Policy

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“…As the Chinese are trying to move into the elite club of a few in the realm of scientific advancement they consider that participation in global projects would pave the way for winning Nobel prizes. In contrast to China, India has been quite apprehensive about the globalization of science and technology and as a result it is committed to developing science and technology indigenously (Guha and Ray, 2004;Krishna, 1996;Lall, 1987). But now this attitude is undergoing some positive change wherein it is recognized that development of its technology is inextricably linked to an extensive technology transfer from advanced countries and an active participation in international S&T projects.…”

Section: Sandt In Bilateral Relationsmentioning

confidence: 99%

Science and Technology Cooperation between India and China

Sekhar

2005

International Studies

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While India and China have been cooperating in a number of science and technology (S&T) fields such as information technology, biotechnology, agricultural machinery, space tech-nology and energy related technologies, there is enormous scope for further cooperation. Private initiatives from the two countries are making S&T cooperation much more plausible. MNCs from India and China are the major players in this evolving S&T cooperation while the governments and university systems have yet to catch up. A few problems that persist need immediate attention. To begin with the two countries do not have adequate information about each other's S&T system. Moreover, the border dispute between the two as well as apprehensions about a negative fall out of each other's peaceful rise need to be addressed.

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India and Asia in the World Economy: The Role of Human Capital and Technology

Cited by 7 publications

References 0 publications

Reflections on India’s Emergence in the World Economy

Reflections on India’s Emergence in the World Economy

Leveraging public funded research for India's economic emergence: The role of IPR

Science and Technology Cooperation between India and China

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