The rise of China and India is the story of our times. The unprecedented expansion of their economic and power capabilities raises profound questions for scholars and policymakers. What forces propelled these two Asian giants into global pacesetters, and what does their emergence mean for the United States and the world? With intimate detail, Shalendra D. Sharma's China and India in the Age of Globalization explores how the interplay of socio-historical, political, and economic forces has transformed these once poor agrarian societies into economic powerhouses. Yet, globalization is hardly a seamless process, as the vagaries and uncertainties of globalization also present risks and challenges. This book examines the challenges both countries face and what each must do to strike the balance between reaping the opportunities and mitigating the risks. For the United States, assisting a rising China to become a responsible global stakeholder and fostering peace and stability in the volatile subcontinent will be paramount in the coming years.

"The spectacular rise of China and India, already looming on the horizon at the turn of the millennium, promises to cast a long shadow on the 21st century. Shalendra Sharma is unusually well qualified to analyze their economic and political development in comparative perspective. His well-written and wide-ranging book, focusing on these two giants' integration into the world economy, is aptly suited either for scholarly or recreational reading." - Lowell Dittmer, University of California at Berkeley "A most timely and useful book, containing much important information, and many trenchant insights, on the rise of China and India. Combining rigor and accessibility, it will be appropriate for both advanced undergraduates and graduate students, as well as informed general readers." - S. Paul Kapur, U.S. Naval Postgraduate School "The publication of this comprehensive and well-documented comparative study of the impact of globalization on China and India is most timely. Professor Shalendra Sharma's excellent book is indispensable for understanding the rapid economic growth of these two Asian nations and the price they have paid for their pursuit of globalization. This book should be widely read by policy-makers, scholars, risk analysts, university students, and all those who are concerned with the current and future challenges facing these countries." - Jon S.T. Quah, Ph.D., Retired Professor of Political Science, National University of Singapore

Review

"The spectacular rise of China and India, already looming on the horizon at the turn of the millennium, promises to cast a long shadow on the 21st century. Shalendra Sharma is unusually well qualified to analyze their economic and political development in comparative perspective. His well-written and wide-ranging book, focusing on these two giants' integration into the world economy, is aptly suited either for scholarly or recreational reading."

- Lowell Dittmer, University of California at Berkeley

"A most timely and useful book, containing much important information, and many trenchant insights, on the rise of China and India. Combining rigor and accessibility, it will be appropriate for both advanced undergraduates and graduate students, as well as informed general readers."

- S. Paul Kapur, U.S. Naval Postgraduate School

"The publication of this comprehensive and well-documented comparative study of the impact of globalization on China and India is most timely. Professor Shalendra Sharma's excellent book is indispensable for understanding the rapid economic growth of these two Asian nations and the price they have paid for their pursuit of globalization. This book should be widely read by policy-makers, scholars, risk analysts, university students, and all those who are concerned with the current and future challenges facing these countries."

- Jon S.T. Quah, Ph.D., Retired Professor of Political Science, National University of Singapore

Shalendra D. Sharma is Professor in the Department of Politics at the University of San Francisco. He also teaches in the MA program in the Department of Economics.

His books include: Democracy and Development in India (Lynne Rienner Publishers, 1999), which won the Choice Outstanding Academic Title for 1999; The Asian Financial Crisis: Meltdown, Reform and Recovery (Manchester University Press, 2003); and editor of Asia in the New Millennium: Geopolitics, Security and Foreign Policy (Institute of East Asian Studies, UC Berkeley, 2000).

Sharma has published more than four dozen single-authored articles (mostly in international political-economy and economics) in leading academic journals.

He also serves as a consultant for the World Bank and the IMF. He was the recipient of USF's University-wide Distinguished Teaching Award for 1996/1997 and the University-wide Distinguished Research Award for 2002/2003.