The Hindu Business Line : Tuesday, April 03, 2007

ECONOMY
Jobless growth in Chinese manufacturing
While China is increasingly seen as "the workshop of the world" and there are fears of re-locative shifts in manufacturing output and employment away from other countries to China, the recent pattern of manufacturing growth appears to have been chara cterised by declining employment! In this edition of Macroscan, C. P. Chandrasekhar and Jayati Ghosh investigate the trends in manufacturing employment in China and consider the reasons for this paradox. More

FOREIGN TRADE
SAARC — in search of a larger identity
A South Asian identity could emerge as a result of SAARC and its multidimensional activities. More

14th SAARC Summit — Unleash the continental power
The trade liberalisation process notwithstanding, some troublesome matters threaten to upset the SAFTA applecart. Developing country members of SAARC should work at resolving these issues in the interest of equitable progress on the economic front so that the regional power of this subcontinental bloc is strengthened. More

BOOKS
Democracy makes all the difference to economies
China's growth is faster than India's but will this necessarily translate into better development, asks Guy Sorman in The Year of the Rooster. For an escape from massacred markets, go back in time to witness `the clash of ancient civilisations' in Ro me and Jerusalem, or savour Grecian philosophy in Ancient Greek Philosophy: Thales to Gorgias. More

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