Comparison of Economic Development in India, China and ASEAN'

1
Comparison of Economic Development in India,
China and ASEAN.

• By
• Mohan Guruswamy
• Centre for Policy Alternatives
• New Delhi
• www.cpasind.com

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India, China, ASEAN and the World
Source World Development Indicators 2005
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India, China, ASEAN and White World
USA, Europe Russian Federation
Source World Development Indicators 2005 US
Census Bureau
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Basic Indicators of China, India ASEAN Countries
Source ASEAN Finance Macroeconomic
Surveillance Unit International Financial
Statistics Yearbook 2004, IMF
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Economic Indicators 2003
Except Brunei Myanmar
Source World Development Indicators 2005,
Statistical Outline of India 2004 05, TATA
Economic Services ASEAN Finance Macroeconomic
Surveillance Unit
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GDP Structure Percent Share
Source Statistical outline of India 2004-05,
TATA Economic Services CIA Country Fact sheet
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Employment Break-up
Source China Statistical Yearbook 2000, NSS 55th
Round Employment Un-employment Survey 1999-00
ASEAN-Japan Centre Website
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GDP Growth Rates
Source World Development Indicators 2005
US-ASEAN Business Council
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Energy Indicators 2003
Source Statistical Outline of India, 2004-05,
CIA Factbook ASEAN Energy Centre
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Demographic Indicators 2003
Source ASEAN Statistical Yearbook, 2004
Statistical Outline of India, 2004-05, TATA
Economic Services
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Development Indicators 2002
Source World Development Indicators 2005, Key
Indicators of Developing Asian Pacific
Countries, ADB, 2004
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Social Indicators
Cambodia Indonesia
Source Key Statistical indicators, Asian
Development Bank 2004
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Prosperity Indicators -2002
Data Pertains to 2003, Data Pertains to 2000
Source Statistical Outline of India 2004-05,
TATA Economic Services Asian Development Bank,
2001
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External Sectors of China, India ASEAN
Data of Indonesia, Malaysia, Thailand, Singapore
Philippines not including Hong Kong (122
bn.)
Source ASEAN Finance Macroeconomic
surveillance Unit, Statistical Outline of India
2004 -05 The Economist August 27, 2005
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FDI Inflows (USD bn.)
Source World Bank 2002 Stat. Outline of India,
2004-05, TATA Eco. Services
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Intra-flow of FDI between India, China ASEAN
Data Pertains to 2002-03
Source Ministry of Commerce, GoI ASEAN
Secretariat, Jakarta
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External Trade Value (mn)
Source Direction of Trade Statistics Year Book
2004, IMF
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Indias Trade with China ASEAN (mn)
Data Pertains to 2003
Source Indo-china Indo-ASEAN trade links,
www.economywatch.com
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Chinas Trade with ASEAN (mn)
Source Direction of Trade Statistics Year Book
2004, IMF
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Profile of Indias Trade with China (mn)
Source India-China Trade, Win-win situation or
zero sum game, Ranade Sudhanshu, 16th April 2005,
Business line
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Profile of Indias Trade with ASEAN ( mn)
Source Ministry of Commerce, GoI, 2003-04
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Profile of Chinas Trade with ASEAN ( mn)
Source ASEAN Secretariat, www.aseansec.org
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What the stars foretell?

• India and China will grow faster than ASEAN
• India-China economic engagement will grow much
  more than India_ASEAN
• ASEAN is more linked with China than India and
  will continue to be so
• Indian FDI mostly from developed country MNCs
  using it as a manufacturing hub. Eg. Ford,
  Suzuki, Honda
• India cannot compete for developed country
  markets for manufactured goods till SEZs
  take-off
• India and China will seek new trade links.