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China, India, and the United States: The Future of Economic Supremacy

China, India, and the United States: The Future of Economic Supremacy

Professor Peter Rodriguez, Ph.D.
Darden School of Business, University of Virginia

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China, India, and the United States: The Future of Economic Supremacy

Course No. 5892
Professor Peter Rodriguez, Ph.D.
Darden School of Business, University of Virginia
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4.1 out of 5
33 Reviews
84% of reviewers would recommend this series
Course No. 5892
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Course Overview

You are living at a critical moment of change for the world economy. A moment that will be defined by the economic trajectories of three key players. A moment whose outcome will have a deep and lasting impact on the way you live. Recent years have seen a dramatic, unprecedented transformation in the landscape of the global economy. And the catalyst of this transformation—destined to create a new economic order that will scarcely resemble that of the last 300 years—is undoubtedly the rise of China and India. Both nations, which represent around 37% of the world's population, have experienced a rapid surge in annual economic growth of 7% to 10% in the last decade alone—a growth rate that is nothing short of miraculous.

Just as important as this amazing story are its implications for the United States. Long seen as the central driving force behind the world's economy, the United States is emerging from the greatest recession in more than 80 years. For the first decade of the 21st century, its average per capita income growth was a paltry 0.53% per year. As China and India continue to gain a dominant foothold in the 21st-century marketplace, America's role in it will continue to evolve in unprecedented ways.

Knowing what to possibly expect from the future of the global economy presents an enormous opportunity for you to better prepare yourself for the momentous challenges and possibilities of tomorrow. Now you can, with China, India, and the United States: The Future of Economic Supremacy. This provocative six-lecture course, delivered by noted economist and award-winning Professor Peter Rodriguez of the University of Virginia's Darden School of Business, is your opportunity to preview what the next few decades of the global economy may look like. Offering you pointed looks at the economic past, present, and possible futures of these three powerful nations, these lectures will have you finally grasping the intricate nature of our world economy and the driving forces responsible for where it will stand in years to come.

Get Answers to Pressing Questions about These Economic Giants

In the last 20 years the incremental economic growth of China and India has been the equivalent of adding another United States to the world economy—and it could happen again in just 12 years, or even fewer. The implications of such a statistic demand to be better understood, and Professor Rodriguez's lectures are the perfect way to witness just how these three economies have gotten where they are today.

Central to this course are revealing answers to some of your most pressing questions about the current state of the global economy and its future.

  • How long will the United States remain at the top of the global economic ladder, and what will happen when that time passes?
  • What economic, political, and cultural forces are responsible for China's and India's spectacular growth over the last two decades?
  • When and why might China's and India's rapid annual growth rates slow down?
  • What strategies and policies can these three nations undertake to weather the current global recession?

Discover the Future of the 21st-Century Global Economy

In addition to bringing you up to speed with the economic stories of these three world powers, China, India, and the United States: The Future of Economic Supremacy also provides you with insights into the next decades of the world economy and the new economic order currently being forged. Throughout the lectures, Professor Rodriguez uses his keen economist's eye to report ideas, trends, and possible outcomes you can expect to see as China and India continue to reach (and possibly even supersede) the economic power of the United States.

Here are just a few of the many predictions and possibilities you'll explore in depth.

  • China's particular challenge to sustain solid economic growth, more so than the two other countries, will be highly political in nature.
  • India cannot rely solely on information technology to continue growing; rather, it must also achieve global prowess in manufacturing to truly strengthen its internal and external economic power.
  • The United States must reemerge as a global exporter and must retain its preeminent status in financial markets to ensure its near-term economic future.

Most important, you'll investigate how the great changes in the coming years will also bring with them a range of benefits and opportunities for each of these three countries. According to Professor Rodriguez, the coming decades of the new global economy will be a bumpy ride, but there is much to remain positive and hopeful about for the United States and the rest of the world.

Learn What to Expect—Before Everyone Else

In addition to being a skilled educator whose awards include Princeton University's Teaching Excellence Award, Professor Rodriguez possesses significant real-world business experience working with multinational companies, including Rolls Royce and Visa. This know-how, combined with his vast knowledge of global macroeconomics and international business, makes him an authoritative guide to this pressing subject and its implications for your future.

So join him for this chance to find out, before everyone else, just what to expect from the economies of China, India, and the United States. This course is a piercing look at the economic future being shaped right at this very moment.

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6 lectures
 |  30 minutes each
  • 1
    The Narrowing Economic Gap
    Take an insightful look back at the dramatic economic histories of the United States, China, and India between 1961 and 2010—a period that offers a strong foundation for thinking carefully about what the global economic situation of the next 20 years may look like. In particular, explore the impact of such trends and programs as America’s post–World War II economic boom, Mao’s disastrous Great Leap Forward, India’s triumphant independence from Great Britain, and the paralyzing global recession of 2008. x
  • 2
    China’s Economic Miracle
    China’s recent economic growth is the most miraculous economic story in world history. But it’s a uniquely Chinese story that perhaps no other nation could have written. What about China’s culture and politics changed to produce such spectacularly rapid growth? Does the successful Chinese approach represent a new model for economic growth in other countries? How sustainable is this growth in the long run? Professor Rodriguez reveals the answers to these and other questions here. x
  • 3
    India’s Rise from Isolationism
    India’s economic growth, which emerged after decades of lost opportunities, is primed to earn the country a place among the most influential world economies of the 21st century. In this fascinating lecture, accomplish three main objectives. First, grasp the root causes behind why India’s economy was terrible for so long. Second, learn why India’s rapid growth is happening right now, and not decades earlier. And third, discover what India’s unprecedented economic success means for India—and for the world. x
  • 4
    The U.S. at the End of the Old Global Order
    Will the end of American economic supremacy mean the end of American prosperity? Make sense of this provocative question by charting the rise of American economic “exceptionalism” during the 1990s; investigate why the era of a U.S.-dominated global economy is ending and how the Triffin Paradox helps explain these reasons; and find out why this dramatic change may in fact be the only way to ensure America’s future prosperity and its ability to continue growing. x
  • 5
    Strategies for the New Economic Order
    The next decade will be an absolutely critical one for the future of the world economy. Using his keen economic and historical knowledge, Professor Rodriguez explores the future of America and China’s economic relationship; helps you make sense of the massive changes and challenges India faces in the coming years; illustrates specific steps that the United States can take to rebalance its economy; and demonstrates why the global recession of 2008 was, in actuality, a transformational moment. x
  • 6
    The Future of the Three Economic Powers
    Look further ahead and address the questions that loom the largest when thinking about the economies of America, China, and India. What can we expect from each of these three countries in the next 20 years? How will each country contribute, in its own distinct way, to the new economic landscape currently being formed? How ready are China and India to assume the power coming their way? And how influential will America continue to be in the new global economy? x

Lecture Titles

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CD Includes:
  • 6 lectures on 3 CDs
  • 112-page printed course guidebook
  • Downloadable PDF of the course guidebook
  • FREE audio streaming of the course from our website and mobile apps

What Does The Course Guidebook Include?

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Course Guidebook Details:
  • 112-page printed course guidebook
  • Photos & illustrations
  • Questions to consider
  • Glossary

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Your professor

Peter Rodriguez

About Your Professor

Peter Rodriguez, Ph.D.
Darden School of Business, University of Virginia
Dr. Peter Rodriguez is Associate Dean for International Affairs and Associate Professor at the Darden School of Business at the University of Virginia, where he teaches global macroeconomics and international business. The holder of a Ph.D. in Economics from Princeton University, Professor Rodriguez has also taught at both that university and at Texas A&M, as well as at universities around the world, including on the water...
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China, India, and the United States: The Future of Economic Supremacy is rated 4.1 out of 5 by 33.
Rated 5 out of 5 by from Course explains the inter-relationship! It restores hope for the future of the USA even though current President promises to bring back coal mining jobs, etc. The current Administration is unable to grasp the economic forces taking place. But after listening to the series, I believe despite the current bumps the USA will find its new role in the world.
Date published: 2017-12-23
Rated 5 out of 5 by from Excellent synthesis of NOW The US has bypassed several times in its dominant history to address its responsibilities as a world power and dominant economic force. It has built its own imbalance of payments by not addressing the need of a save creditor of last resort other than the dollar. This was the intention of the IMF.
Date published: 2017-07-22
Rated 4 out of 5 by from Should be Required for Current Administration The copyright on my course material is 2011, but the material presented seems to be somewhat earlier. Either way, Professor Rodriguez’s course suffers a bit from making predictions about what will likely happen in the second and third decades of the 21st century. Even so this course delivers on its title, focusing almost exclusively on the economies of China, India and the United States. Dr. Rodriguez give a brief (what else can he do in three hours?) description of the recent economies of each country and then more detailed analysis of how they moved from then to where they are now. Here I really learned a lot. For example, why the “Great Leap Forward” failed so badly and how China managed to recover from this disaster. Also interesting was Dr. Rodriguez’s view on the reasons for the failure of the Indian economy after independence. This analysis of the failure of self-sufficiency (economically speaking) should be required for the current British and US governments as they rush forward a new era. As Dr. Rodriguez considers the future he is more optimistic than many American doomsayers, who view the rise of China with alarm, as he views that not being with world’s largest economy does not mean that the standard of living will not continue to rise in the US. As other reviewers have noted Dr. Rodriguez falls down a bit in his presentation skills, repeating himself far too often (especially as he is constrained to only 3 hours), but he is organized and presents his material well. Personally I could have used a few more lectures, but this is not what TTC had in mind.
Date published: 2017-06-10
Rated 1 out of 5 by from Did not listen to the material because it was only audio. I thought that there would be visual material but I was mistaken. I prefer a lecture series that has co-ordinated, congruent visual and audio information.
Date published: 2017-05-14
Rated 5 out of 5 by from Interesting stuff! Fascinating review of America's current position in the global economy and how it will change.
Date published: 2017-05-01
Rated 5 out of 5 by from China, India, and the United States: The Future of It was interesting after traveling to those countries. Very good.
Date published: 2016-09-03
Rated 5 out of 5 by from Great Oversight! I greatly enjoyed this presentation. The presentation probably should be updated to reflect the recent changes in the China economy (slowing down). That being said, however, this course is of significant value in putting perspectives on the global economy. Especially useful and valuable is the professors presentations and analysis of the India economy.
Date published: 2016-06-13
Rated 4 out of 5 by from New Economic Insights I purchased the download version to listen to in the car. This is a very short course but it still presented a lot of interesting insights into the current economies of China, India, and the U.S. Rodriguez includes an explanation of the last half century and how it led each country to where it is now. He then explains what he expects to happen over the next few decades. I learned the most from his discussion of India - I had no idea how badly the economy floundered following independence. The one downside of the course is the number of times Rodriguez repeats himself. While never a great thing, it's worse when it occurs in a short course. This course is a nice complement to his other course (see link below). I found Rodriguez to be clear and easy to understand. I recommend this course.
Date published: 2015-03-27
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