http://www.bbc.co.uk/news/business-14783786
This is a short but interesting video I came across. It's stating that one of India's primary economic growth relies on oversea investment. Japan within the last couple decades has become a critical part of the Indian economy. Japan has spent billions of dollars on improving Indian infrastructure, in return, both give preferential treatment to each other. Although their relationship is complex, it seems to me that Japan provides the technology while in turn, India provides the cheap products and labor.
This mutual relationship is, I believe, something that will help both economies. With Japan's recent catastrophes, its ties to India may help the people of Japan have access to cheap products. India will also experience economic growth. However, there are two things that worry me. If they become to interdependent and if one of their economies were to severely plummet, it will most certainly affect the other country. The other thing is that they could potentially grow and become a threat to the U.S. in terms of economic power. Overall, I think both countries should continue these international relations in order to benefit their industrial sectors and raise the standard of living for each respective country.
Emmanuel Cordova
Professor Valeriano
POLS 184-AD5
13200 Class
11:00 am-11:50 am
2EPASW 2219
This partnership between Japan and India seems logical. India is a quickly developing country looking to export cheap goods and Japan can provide the technology and capital to encourage development. Japan's actions seems oddly philanthropic especially because of the recent disaster and the economic recession. The question that comes to mind is: what will Japan ask in return for all this investment in Indian infrastructure? Hopefully both of these countries will grow and benefit from this increased trade and interdependence.
ReplyDeleteMatei Guran
POLS 184
Discussion: Friday 9:00 am- 9:50 am
I think this relationship is parallel to Great Britain and the U.S. back in the colonial times, at least to a certain extent. Japan is a small nation but with an overwhelming presence of technology. I believe India's vast raw natural resources are a potential fountain of growth which is why Japan is being so kind to them. I agree with you and I too hope that they not only grow economically but as a united people.
ReplyDeleteEmmanuel Cordova
Professor Valeriano
POLS 184-AD5
13200 Class
11:00 am-11:50 am
2EPASW 2219
I think it makes sense that Japan would invest in India's transportation system. If India and Japan continue to trade, it is imperative that Japan has access to many different areas, especially the major cities in India. Transportation facilitates growth. Also, considering India's estimated economic growth, perhaps Japan is trying to create a strong ally while India is still in its development phase.
ReplyDeleteErika Kissick
Prof. Valeriano
POLS 184
9am Fri
John Van B.