India vs. China economy essay

India vs. China economy essay

Making an investigation of India vs. China economy looks to be an exceptionally hard task. Both countries are among the frontage runners of global economy and are among the globe’s most varied nations. Both populations were among the eldest civilizations and their economic positions are influenced by religious believes. However, it is possible to make an evaluation of Indian and Chinese economy. Present paper explains how knowing the important traditions from India and China may help people to understand the actions of these countries today. First of all, it should be mentioned that people in these two countries and their lives are closely connected with their religions.

India is famous for being the country of spirituality and philosophy. And some religions exist even today. The most popular and dominant religion in this country is Hinduism. Approximately eighty percent of Indians are Hindus. It is one of the eldest religions in the world. These 3 religions, Hinduism, Buddhism and Jainism, are seen as the molder of the philosophy. Religion is a way of life in India and it affects all aspects of the population in the country, it is a law that governs all actions.

Indians like all people on earth realize that eventually we all have to die. But the important part of their religion is reincarnation of the soul. Passing away is treated as natural aspect of life. All Hindus think they will be reborn into a future life that is based mainly on the past actions. Hindus believe in the cycle of death and rebirth – “Samsara.” According to this concept, differences between human beings, even at the time of the delivery are due to their previous karma, actions done in the precedent birth. For instance, if one person is poor or ill while another is healthy and wealthy, the differences are attributed to their deeds in their previous lives in this world. Karma is a way of explaining evil and bad luck in the globe, even for those who do not deserve it – their bad luck must be due to incorrect actions in their previous life. That is why people in India accept their lives the way they are. They usually don’t fight for better way of living because they consider it as a punishment for previous sins. And that is why economics in the country rises too slowly and the level of poverty in India is so high.

As for another country with rapid economic expansion – China, it should be mentioned that the main religion here is Confucianism. Confucianism has been condemned in the contemporary time. Confucianism has been treated as the key to country’s exclusive cultural heritage and sturdy social order. Confucius did not disagree with the existence of a reality beyond this life, but he thought that the essence of that reality is beyond people’s capacity to understand. So, human morals have to be based on relationships, without reference to higher order. The goal of loving is to attain the uppermost potential as a human being. Suffering and evil in life may promote learning. An error is not a “sin,” but a chance to study and do better another time.

Confucius asserted the afterlife was far beyond understanding. Individuals should live to promote perfect social relations, rather than to behave due to the expectations of punishments or rewards after death. To act according to the suitable role within the human community – this is the daily duty of an individual who is brought up under the Confucian believes. Every person should know his or her place within the social hierarchy and to work hard to make the whole human community happier (Youmin, Tianchen, 1999-2000).

So, in the predictable comparisons between Asia’s growing giants, China and India, China always comes out on top. The Chinese economy outpaces India’s by about every evaluation. The differences between religions in India and China are obvious. People in India believe that if they have bad lives it is a punishment for past sins. And population in China prefers to work hard to make own contribution to the common wealth.