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India is surrounded by following Countries:
| North | China |
| East | Nepal, Bangladesh, Myanmar, Bhutan |
| South | Srilanka |
| West | Pakistan |
Out of these, China and Pakistan are main neighbouring Nations
We will study about development Polices of China and Pakistan in this Chapter
Why it is important for Countries like India to Understand Development Process of Neighbours?
Due to Increased Globalization
There is lot of competition from developed countries like USA as well as developing countries like China
Hence ,it is important to understand the development process in these countries so that
- We are able to compete with them better (as we share common economic activities with them)
-
We are able to learn from good economic policies adopted from them and implement them in our country
We are also able to understand mistakes committed by them and not repeat them in our own country - It is better to comprehend own strengths and weakness on comparing with neighbours
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Question 1
Why it is important for Countries like India to Understand Development Process of Neighbours?
View AnswerDue to Increased Globalization
There is lot of competition from developed countries like USA as well as developing countries like China
Hence, it is important to understand the development process in these countries so that
- We are able to compete with them better (as we share common economic activities wih them)
-
We are able to learn from good economic policies adopted from them and implement them in our country
We are also able to understand mistakes committed by them and not repeat them in our own country - It is better to comprehend own strengths and weakness on comparing with neighbours
