Question

In: Economics

Compare and contrast the recent history and future prospects for regional convergence/divergence in India and Germany....

Compare and contrast the recent history and future prospects for regional convergence/divergence in India and Germany. (Note: You should have a rough appreciation of regional convergence/divergence trends in US, China, India, and Germany.)

Solutions

Expert Solution

Recent History :

India and Germany have high deal of strategic convergence since 2001 into commercial and Technological operations . Recently with advent of Make In India programs Automobiles manufacturing companies like BMW and Mercedes Benz have started its operations in India with cheap labor and capital. Lot lf technology investment have been taken place like Smart City Projects. Total trase has crossed 21 billion dollars between two nations.

Since Germany has no strategic presence in asia it hasbeen one of best supporters of India because of its fast growing economy. Also by this Germany intends to be good friend of US as India and US have strong ties.

India and Germany have cone forward for commin goal and that isto be permanent member of UN Council. Secondly it is in best interest of India to join hands with Germany for military and defence support to counter China which has been long term enemy to both nations.

Future Scope:

Future looks great with multinational companies like Bosch and Volkswagen already invested through FDI and there has been huge cultural exchange where Germans seek education in India. Moreover both have been strong nations against terrorism and share common allies and enemies and hence future prospects look amazing with India too looking to trade heavily with EU through Germany.


Related Solutions

What are the future prospects of mobile money transfer services in india? What future road map...
What are the future prospects of mobile money transfer services in india? What future road map should providers like Airtel prepare granted macro environmental factors as well as competing/substitute services and products?
Mammalogy: Compare and contrast Homoplasy Parallelism Convergence   Phylogeny Cladistic grouping Phylogeny
Mammalogy: Compare and contrast Homoplasy Parallelism Convergence   Phylogeny Cladistic grouping Phylogeny
1. Compare and contrast the mobile banking scenario in India and in African countries
1. Compare and contrast the mobile banking scenario in India and in African countries 2. What are the environmental differences between Indian and African countries and how have these contributed to the success of Airtel in African countries? 3. What are the future prospects of mobile money transfer services in India? What future road map should providers like Airtel prapre granted macro environmental factorsas well as competing/substitute services and products.
how does India fare in recent years in measures of social well-being? How does India compare...
how does India fare in recent years in measures of social well-being? How does India compare with other countries?
US history Subject: Discuss the reasons for the diversity of North America's regional environments, compare and...
US history Subject: Discuss the reasons for the diversity of North America's regional environments, compare and contrast a few, along with Ancient African societies,
4. Discuss the corporate governance practices of Japan, Germany, United Kingdom, and China. Compare and contrast...
4. Discuss the corporate governance practices of Japan, Germany, United Kingdom, and China. Compare and contrast those practices to the ones in United States. 5. Discuss the problems of corporate governance 6. Discuss the mechanisms of corporate governance
Compare and contrast two organizations that deliver primary healthcare on the local or regional level. Based...
Compare and contrast two organizations that deliver primary healthcare on the local or regional level. Based on your research, describe population served, what services are provided, and the sources of funding. Then, evaluate the services for the individuals and families in the community. Consider political strategies and potential policies, and how they influence the role of the nurse. Also, compare the three levels of prevention and how they influence the nurse's role.
Compare and contrast two organizations that deliver primary healthcare on the local or regional level. Based...
Compare and contrast two organizations that deliver primary healthcare on the local or regional level. Based on your research, describe population served, what services are provided, and the sources of funding. Then, evaluate the services for the individuals and families in the community. Consider political strategies and potential policies, and how they influence the role of the nurse. Also, compare the three levels of prevention and how they influence the nurse's role.
Compare and contrast the regional differences (New England, Mid Atlantic, and southern) in the colonial economy...
Compare and contrast the regional differences (New England, Mid Atlantic, and southern) in the colonial economy of British North America between 1607 and 1750. What factors account for such divergent experiences? Please be specific.
Compare and contrast the process of compounding to determine future values and the process of discounting...
Compare and contrast the process of compounding to determine future values and the process of discounting to determine present values. No copy and paste pls. Thank you
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT