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The rapid rise of China and India is reshaping our global ecomic and environmental systems-raising major issues of stability, governance, and sustainability. This book develops a framework that shows the interdependence between ecomic size, trade, finance, techlogy, environment, security, and global governance. Author Carl J. Dahlman uses this framework to provide data on the speed of global power shifts and to trace the implications for nations worldwide. Analyzing this critical moment in historical context, he offers insights into our most pressing concerns. Specifically, China and India's unchecked growth has the potential to ignite trade, resource, cold, and conventional wars. Moreover, these nations could set in motion monumental challenges related to climate change. The text warns that the current international governance system is t up to the challenges of defusing these frictions. Major powers, including China and India, must do more to address the gathering storm. Developing sustainable ecomic and social relationships will be a most difficult charge, but the cost of putting off reforms will be lower global welfare. Dahlman ends the book with starting points for change.
Carl J. Dahlman is the Luce Professor of International Relations and Information Technology at the Edmund A. Walsh School of Foreign Service at Georgetown University. He joined Georgetown in January 2005 after more than 25 years of distinguished service at the World Bank.