Download e-book for iPad: Asia Pacific Trade and Investment Review 2008 by United Nations

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This book gains policy-oriented learn papers and articles featuring insightful perspectives and data on local comparative analyses and nationwide top practices on exchange and funding coverage matters for the Asian and Pacific sector. It covers such salient matters because the internationalization of creation networks and local financial cooperation for the rehabilitation of tsunami-stricken nations. it is usually coverage briefs and government summaries of the hot monograph examine sequence accomplished by way of the exchange and funding department.

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Extra info for Asia Pacific Trade and Investment Review 2008

Sample text

Keeping in mind the relatively better physical, social and information and communications technology infrastructure and more favourable business environment in China, the notion that India is the main IT services hub of the world might remain only an illusion unless India makes serious attempts to remove constraints to economic growth. In other words, unless serious reforms in the infrastructure sector and business environment are implemented in India through good governance, China might also become a global IT services hub, in addition to being a manufacturing hub, and it might even supersede India in this regard.

34 Asia-Pacific Trade and Investment Review Vol. 4, 2008 Who will be the main global IT services hub: India or China? Seema Joshi* ABSTRACT I ndia is considered to be a global information technology (IT) services hub, thanks to its commendable performance in information technology services (ITS) and information technology-enabled services (ITES). In general, services in India account for a larger share of GDP than in China but, in value terms, Chinese services exports surpass those of India. This is evident from the fact that, in terms of global exports of services, China ranks at number 9 and India at number 12.

Prior to 2005, there were acute power shortages in China also, but China has been continuously expanding its power generation capacity. 5 million MW in September 2005. 1 million MW over the next 10 years (Morrison, 2006; Rastogi, 2007). Half of the Indian population is without electricity today and, indeed, without a supply of any other form of commercial energy (India, undated). India faces acute power shortages at times of peak demand. The overall energy shortage6 was 9 per cent (of actual demand) for the year 2007/08 (up to January 2008), while peak capacity shortage7 was about 15 per cent (of peak demand) for the same time period.

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