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Chindia: Does Culture Matter in Hindu and Confucian Economies?
Patrick Mendis 연세대학교 동서문제연구원 2008 Global economic review Vol.37 No.4
China and India (Chindia) have begun in recent years to enjoy growing measures of economic success, reversing the centuries of structural poverty and their negligible rates of economic growth. This article examines the influence of varying cultural propensities – Hinduism in India and Confucianism in China -- and their impact on each country’s economic turnaround. It discusses the historical circumstances that shaped Chindia’s perspectives on foreign direct investment and how the external forces contributed to their domestic policymaking. It also addresses three ways in which culture can affect economy and the two major events that cemented the direction of Chindian economic growth. Finally, the paper presents a comparative analysis of China and India and their respective impact of culture on development. It asserts that the forces of culture and its historical development do matter, especially when it comes for a nation to reverse its deprived and stagnated situation and to achieve a status of economic powerhouse.
Jaime Alvarado,Patrick Mendis 연세대학교 동서문제연구원 2007 Global economic review Vol.36 No.2
In the aftermath of the Indian Ocean earthquake and tsunami in December 2004, the ensuing multinational relief, humanitarian, and rebuilding efforts of the Operation United Assistance (OUA) are new examples of international cooperation to sustain and rebuild Asian communities in the post-9/11 security environment. An analysis of the cooperative efforts in light of differing theoretical perspectives provides a forum for debate on the nature of cooperation in the international arena and the implications for ethnic and civil wars in Indonesia and Sri Lanka. Once described and explained by multiple theories, the relief operations can then be used to predict and perhaps even prescribe future international cooperation in natural disasters and conflict resolution in civil war environments. As a case study, this paper also examines international security strategies and the implications for economic prosperity and political stability in sovereign but weak nation states.
Chindia: Does Culture Matter in Hindu and Confucian Economies?
Leah Green,Patrick Mendis 연세대학교 동서문제연구원 2008 Global economic review Vol.37 No.4
China and India (Chindia) have begun in recent years to enjoy growing measures of economic success, reversing the centuries of structural poverty and their negligible rates of economic growth. This article examines the influence of varying cultural propensities-Hinduism in India and Confucianism in China--and their impact on each country`s economic turnaround. It discusses the historical circumstances that shaped Chindia`s perspectives on foreign direct investment and how the external forces contributed to their domestic policymaking. It also addresses three ways in which culture can affect economy and the two major events that cemented the direction of Chindian economic growth. Finally, the paper presents a comparative analysis of China and India and their respective impact of culture on development. It asserts that the forces of culture and its historical development do matter, especially when it comes for a nation to reverse its deprived and stagnated situation and to achieve a status of economic powerhouse.