The Elephant and the Dragon

July 31, 2008

The Elephant and the Dragon: The Rise of India and China and What It Means for All of Us by Robyn Meredith. Globalization has made China the factory of the world and India the back office of the world, writes Meredith in an absorbing look at the social, political, and economic impact of the historic economic ascendance of these two countries, each with a billion people. Meredith agrees job protectionism and unrestrained free trade are not optimal policy choices for the US. She argues that Americans must be more innovative and better educated to enjoy the prosperity of globalization.