Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/45135 
Year of Publication: 
2008
Series/Report no.: 
WIDER Research Paper No. 2008/37
Publisher: 
The United Nations University World Institute for Development Economics Research (UNU-WIDER), Helsinki
Abstract: 
The segmentation of global manufacturing and services provided China and subsequently India with a golden opportunity to make full use of their absolute advantage low cost yet educated labour to integrate into the world economy within a comparatively shorter period of time than some earlier industrialisers. Though international trade functioned as a vent of surplus in view of the narrowness of their domestic markets at the beginning of their economic catch-up, the label of export-led model may not reflect the real picture as imports underwent dramatic increases during their respective growth periods, in particular for China.
Subjects: 
China
India
development
JEL: 
F14
F15
D20
O1
ISBN: 
978-92-9230-085-2
Document Type: 
Working Paper

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