Indian Council for Research on International Economic Relations

Seminar Details

16 Nov 2006

“The Changing Competitiveness Landscape among Emerging Economies: The Role of China and India”
 
 
by Professor Bart Van Ark
Thursday November 16, 2006
 
ICRIER organized a lecture by Professor Bart Van Ark, University of Groningen (The Netherlands) entitled “The Changing Competitiveness Landscape among Emerging Economies: The Role of China and India.” He pointed out that the contribution of productivity growth in GDP in India and China was higher than in the advanced countries. However China was ahead of India in productivity growth as opposed to employment growth in enhancing GDP levels. Dr. Ark also discussed the “Global Competitiveness Index” of the World Economic Forum, ranking countries on a scale of zero to one hundred and twenty, with zero being the most competitive country. He found a strong if imperfect relationship between labour productivity levels and the global competitiveness index of most emerging economies with the exception of India and China. An important observation in this regard was that India was ahead of China in terms of competitiveness, despite its lower productivity. But he said that large variations in the underlying indicators of competitiveness made productivity a better basis for comparison. He also said that the total factor productivity in China was slowing down primarily due to too much investment relative to GDP. While in India role of investments has increased only slightly and total factor productivity has remained practically unchanged.

ANNOUNCEMENTS

  • 02 Jul
    2ND ICRIER-KAS WEBINAR ON “TACKLING COVID-19 – LESSONS FOR / FROM INDIA”"for more details Click here"
  • 24 Jun
    Stakeholder convening on understanding investment, trade, and battery waste management linkages for a globally competitive Electric Vehicle (EV) manufacturing sector"Register here"
  • 19 Apr
    Vacancy: Research Associate/Consultant (Climate Change and Sustainable Development)"Apply here"
  • 11 Jan
    Vacancy: 7 motivated researchers for its large Agri-programme"led by Dr. Ashok Gulati, Chair Professor Agriculture, ICRIER Apply here"
  • 05 Aug
    Growth and Development in India – A Webinar Series"for more details Click here "