Reference no: EM1334749

Description of Economic issues

Currently, AIDS is spreading rapidly in China and India. If the governments of these nations fail to stop the spread of AIDS, what are the likely consequences for future economic grow5th in China and India?

In 1989, a massive protest against political repression in China was halted by the government's massacre of more than 150 individuals at Tiananment Square in Beijing. What impact do you think that episode had on foreign investment and growth in China during the years immediately thereafter?

Most of the advances in institutions in China have come in the cities rather than in the countryside. Indeed, local officials in farming villages actively redistribute wealth among villagers to keep the distribution of income among local farmers roughly equal. This a farmers' success or failure with this crops has little impact on his family's standard of living. Given thise facts, where do you think the economic growth in China has occurred over the past thirty years, in the cities or in the farms? Explain.

Explain how the following factors will influence India's ability to compete in a highly competitive, rapidly changing global market place: (a) an educational system that is largely state-operated and that emphasizes job security for teachers and professors; (b) a transportation infrastructure that is largely antiquated and in disrepair; and (c) a political system that is adept at protecting favored constituents from competition and handing out favors that have concentrated benefits and widely dispersed costs