...INDIA has a multi-ethnic, multi-religious society living together. India, with its diverse & fascinating history, arts, music, culture, spiritual & social models has become a matter of proud for all of us. Also it can become a superpower in future by working hard in many fields. We all know that India is a developing country, but still to become a developed one or to become a superpower, lot of work has to be done. First of all, our goal of superpower has to be unique and not just what other countries like USA did. We have to redefine what superpower actually means. A superpower is a developed, self-reliant and a truly independent nation. It is a country with a dominant position in international issues and has the ability to exert its influence and project power on a global scale. The term superpower first applied to the British Empire, the United States and the Soviet Union. Now india is also moving its steps towards it. India can become a superpower being like an elephant that neither eats other animals nor gets eaten by them. Similarly we should neither threaten nor defenceless. It is known that India is a country that occupies greater part of South Asia. If we talk about area, India ranks as the seventh largest country in the world. Though India is the world's biggest democracy and has a strong political system, yet to become a superpower it is a bit away. We should strive to be a superpower in technology, education and ideas just as we did from the start...
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...To what extent are China and India a threat to the USA’s current position as the world’s only true superpower? A superpower refers to a nation which holds and exerts, power (economic, military, and political) and influence (culture, religion) over a county. Over time the “true” superpower has changed. The term first applied to Britain where the British Empire had power over one fifth of the world’s population in 1922 (britishempire.co.uk) creating a bipolar world, following World War II and the Suez Crisis in 1956, the United Kingdom's status as a superpower was greatly diminished and shifted over to the United States and the Soviet Union for the duration of the Cold War period. At the end of the Cold War and the dissolution of the Soviet Union in 1991, only the United States appeared to fulfill the criteria of being a world superpower leaving it as the only true superpower. However with the increase in emerging superpowers such as china and India could they be a threat to the US? Which will be answered in this essay. Over the last decade China’s economy has bloomed, with their GDP increasing by 7.7% (World Bank, 2013), suggests that they have the potential to take over the US in terms of trade. In addition to a shift in trade ideologies, moving from communism to capitalism, adopting trade liberalisation and freeing up their market access and the introduction to china’s private sector, china has changed major policies to welcome Foreign Direct Investment (FDI) and Export Processing...
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...Book Name: Think India: The Rise of the World's Next Great Power and What It Means for Every American Authors: Vinay Rai is a billionaire, industrialist, and philanthropist. Educated at MIT in the United States. William L. Simon is the co-author of the New York Times bestseller ‘icon’, a biography of Steve Jobs and many other books edition Price Content: // To be filled // The book also looks into the seemingly unsolvable issue of poverty and how India has made good progress in reducing it. The authors commends the effort put by governments health and food programs, infrastructure developments, the work done by NGO’s in educational sector as factors that helped in reducing poverty level. Finally the focus shifts to the question of next super power. The authors feel that India holds a definite advantage over China because of their English language skills, IT and management education, the democratic form of government and overall the attitude of Indians to business-‘ relationship first business later’ working in their favour in the long run, making them the next superpower by 2050 as predicted by Goldman Sachs. Summary: Overall the book would be beneficial for those who need to know why India is considered a future superpower , anyone interested in exploring new markets. On the negative side the author is a little biased, showing a rosy picture of India ignoring some of the major issues like communal disputes, linguistic differences, and oppressive bureaucracy...
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...China Threat Theory Rising China: a security threat to the West? Abstract The rising China into the world stage has paved the way to the China threat theory. The China threat theory claims that China will soon disrupt the status quo in the world that has been dictated for decades by the Western nations like United States, United Kingdom and France. Especially the United States will not easily give up or relinquish their position as hegemon. The perceived threat of a rising China; especially when there are several publications of books, articles and anti-China bashing blogs that helps to exacerbate these fears. China’s increase in soft power and hard power does not mean it is a threat to the global security; China’s development and their economic growth relies on peaceful relations with the West because China needs access to their domestic markets. The main reason why China is considered to be a threat to the West is because they cannot maintain their domination on the world stage, and has to make room for developing nations like the BRICS countries (Brazil, Russia, India, China and South Africa). Yet China simply wants to develop and increase the living standards of its people, and no desire of aggressive military actions. Thus, the foundation of why China is still been seen as a threat will be explored but the conception will be dismissed because as a growing superpower these steps are logical and any country that is in the same situation as China now will simply...
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...in 23 of 39 countries surveyed, a majority of respondents said China is already, or will soon become, the “world’s leading superpower.” Connect With Us on Twitter For Op-Ed, follow @nytopinion and to hear from the editorial page editor, Andrew Rosenthal, follow @andyrNYT. Even in America, just 47 percent told Pew they believe the United States will remain in that role, and the survey was conducted before Washington’s recent shutdown hardened opinions about America’s political dysfunction. But although China’s economic influence is growing — it is now the lead trade partner for 124 countries, compared to just 76 for the United States — its power to influence other nations is slight. It has achieved little of what policymakers call “capture,” a condition in which economic or security dependence of one country on another allows the more powerful to drive the other’s policy making. Only in countries like North Korea, Cambodia and Laos does China have that kind of heft; in North Korea, for example, China provides 90 percent of the country’s energy and 80 percent of its consumer goods. But these are not the sorts of allies that help an emerging power extend its influence. Based on the size of their commercial relationships with China as a share of their overall economies, the governments next closest to “China capture” are Pakistan and Myanmar. But Beijing’s reluctance to undermine improving relations with India or to become more deeply implicated in Pakistan’s chaotic domestic...
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...THE NEXT DECADE The Next Decade is a book written by George Friedman, and emphasizes The United States’ relationships with other nations. The book addresses some technological and economic problems and well as explaining empires and republics on the rise during the following decade. The Next Decade is a comprehensive and remarkable analysis that encompasses the issues and benefits for being a super power. The United States has unintentionally become a global empire, and the role of the United States President is to serve as the world’s most important political diplomat. It is noted that the President must be able to at least promote the quintessential virtues, ethics, and tradition of the one of the greatest countries in the world. The greatest battle of the decade is predicted to be how the United States will react to leadership that will be interested in the economic dealings rather than serving the American people. Friedman made a bold and unshakable declaration: America is an imperial empire. He gives the overview of what America will be facing in the upcoming years which includes balance of power. Also America could lose itself as a Republic. The book starts with a summarized historical background and explains current political situations that are happening globally. It then analyzes each geographical region and assessment plans. The Next Decade is a comprehensive and remarkable analysis that encompasses the issues and benefits for being a super power. A main theme of the...
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...modern capable force making them a peer threat in capabilities, assets, and economic resources. China in the world’s largest communist regime and has the political stance of growth at any cost. China possesses a strong economy which provides them the financial stability to increase spending on military and technology advancement. The United States has taken notice and has reassessed their regional priority forcing them to implement additional security measures. The Chinese Military a United States Peer Threat The People’s Liberation Army The Chinese military, also known as the People’s Liberation Army (PLA), has become a focal point for the U.S. National Security Strategy. The PLA is the U.S.’s closest adversary in size, capability, and technology, making them a peer threat. History The PLA traces its origins to the August, 1927 Nanchang Uprising of the communists and the nationalists ("People’s Liberation Army History," 2011). The combination of land, sea, and air forces from the Communist Party of China (CPC) and the People’s Republic of China (PRC) was initially called the Chinese Workers and Peasants Red Army. Between 1934 and 1935 the Red Army encountered multiple conflicts against Generalissimo Chiang Kai-Shek (CPC) and took part in the Long March. The Long March (1934-1936) was a 6,000 mile march that relocated the communist revolutionaries’ from Southeast China to the Northeast. The second Sino-Japanese War (1937-1945) lasted through the thirties and into...
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...SPECIAL REPORT ON EMERGING MARKETS www.dreamgains.com White Paper Special Report On Emerging Markets ABSTRACT This paper examines the four emerging economies- Brazil, India, Russia and China (BRIC) - that are expected to play an increasingly important role in the global economy in the coming decades. These four countries have come to symbolize the exciting challenges and opportunities presented by dynamic emerging markets. The first part of the report outlines key features of these economies and their growing contribution to world output and trade. The second part analyses the contribution of India towards the same. By 2050, the BRIC economies will account for 44% of global GDP. The emerging market accounts for an increasing share of global activity. Two centuries of vigorous industrialization has propelled economies of North America, Western Europe and Japan into a dominant position in terms of their share of world output. But the past three decades have seen steady erosion from the peak they attained during the 1970. The emerging economies now account for over half of world output. These dynamic economies are changing the world economic order as they industrialize, improve their infrastructure and rapidly develop their service sectors. By 2050, they will account for almost 78% of global output. This projection uses realistic assumptions of annual growth rates of 5.3% to 2050, well below those posted in recent decades by the economies of developing Asia at over...
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... China and India now are widely acknowledged as the planet’s next economic superpowers | The Context China and India are two neighbouring countries in Asia who share the two largest population of the world and in fact added together they represent nearly one third of humanity. Globalisation has imposed internal pressure and external pressure to bear on both India and China. For most Chinese and Indians alike, economic life is hard despite the fact that reforms and globalisation have created various new opportunities and as such both countries have witnessed an emerging middle class with Americanised tastes and preferences, irrespective of this however, both countries remain very poor. Although the two countries went to war in 1962 due to some border dispute, they have since tried to normalise relations and in 1995 for the first time trade had exceeded US$1 billion between them. They have lately received a lot of international attention being viewed as emerging giant economies as they both play key roles at the international level. For example China has been a permanent member of the Security Council at the UN, while India who has lead the Non-Aligned Movement for years and is still vying for a similar position. Furthermore, India has been one of the founding members of the WTO and has played a prominent role as one of the developing nations whereas China has had to fight for decades to obtain its admission into this international organisation. While both China and...
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...Eye on Asia Can soaring population give India an edge over China? Posted by: Bruce Einhorn on September 19, 2006 India’s population is exploding and is likely to surpass China as the world’s biggest within a few decades. In a country where more than 25% of the people live in poverty, is that a good thing? One of the top executives at India’s premier pharma company seems to think so. Last week Brian Tempest, the former CEO and current “chief mentor” at Ranbaxy Laboratories, told an industry gathering that the growth of India’s below-25 population “is going to act as a secret weapon in the future,” according to this report in the Hindu. Tempest went on to take a jab at China, saying that slower Chinese population growth would put the Middle Kingdom at a disadvantage. Says Tempest, “the one-child policy in China will play a spoilsport.” The logic is simple. Fast population growth equals more young people, and more young people equals a more dynamic work force. According to the Indian Express, citing India’s Ministry of Labour and Employment, India already has an advantage over more advanced economies. The median age in India in 2000 was 24, compared to 30 in China, 38 in Europe and 41 in creaky old Japan. However, most of those Indians live in the countryside, and it’s no secret that India’s rural population is not sharing in the boom enjoyed by people in other parts of the country. In the past, Asiatech blog readers have written in to debate the merits of India’s development...
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...poor countries, such as most of Africa, they provide raw materials and cheap labour, mostly to the semi-periphery. The semi-periphery have more wealth than the periphery but some countries are still in poverty, they usually mass-produce ordinary goods, and are often contracted by those from the core. The Core exploits the rest of the world, they own Trans-National Corporations, and they produce the highest quality goods as well as leading technologies. Another possible theory is Rostow’s model, in which all countries go through the same steps to get to a state of high mass consumption – traditional society, preconditions for take-off, take-off, drive to maturity, and finally high mass consumption. Next, what changes in global power have we gone through to get to the world’s present multipolar state, and how can these changes be explained? Before World War 2, the world was in a unipolar state. The British Empire was undoubtedly the most powerful empire at the time, if not the most powerful in history. At its peak in 1922, the empire covered almost a...
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...Institute of Professional Education and Research, Bhopal Business Environment Report on BRIC 2050 India performance and status Submitted To: Submitted By: Prof. (Dr.) Resham Chopra Bharat Naryani Priyank Ajmera BRIC BRIC are the acronym used to refer to the combination of the four biggest emerging-market countries: Brazil, Russia, India and China. According to Wikipedia BRIC (Brazil, Russia, India, and China) is a coalition of regional and superpowers reportedly proposed by Russian President Vladimir Putin. Predictions & Projections: Economists argued that, given sound political decision-making and good luck, the BRIC economies together could become larger than those of the world’s six most developed countries in less than 40 years. i.e BRIC economies of Brazil, Russia, India and China together would be larger than G6 (G7 excluding Canada) in USD in less than 40 years. Of the current G6, only the US and Japan may be among the six largest economies in US dollar terms in 2050. It is projected that the Brics to account for close to 40 per cent of global GDP by 2050 and to have become four of the world’s top five economies. It is projected that the Brics’ rise in absolute terms will push them up to the top of the global leaderboard, in per capita GDP their performance will not be quite so impressive. Reasons why India will rise: 1) Manufacturing productivity will drive growth. It’s performance will improve due to globalisation and increased competition...
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...Nuclear power is the use of nuclear reactions of radioactive elements such as uranium and plutonium to generate nuclear energy. The energy generates heat to boil water which then causes the steam turbines to rotate and generate electricity inside a nuclear power plant. The United States is the world’s largest producer of nuclear energy, accounting for 30% of the world’s nuclear generation electricity. The US currently has 100 nuclear reactors in operation, producing 800 million kilowatt hour of electricity in 2015. Since the early 1990s, the United States is currently the only superpower country in the world due to their economy, military, and political influence. The United States relies on nuclear power for over the past three-quarters of...
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...24% by 2006, up from 6% in 1985 and still relatively moderate.[3][4] India currently accounts for 1.2% of World trade as of 2006 according to the World Trade Organisation (WTO).[5] Until the liberalisation of 1991, India was largely and intentionally isolated from the world markets, to protect its fledgling economy and to achieve self-reliance. Foreign trade was subject to import tariffs, export taxes and quantitative restrictions, while foreign direct investment was restricted by upper-limit equity participation, restrictions on technology transfer, export obligations and government approvals; these approvals were needed for nearly 60% of new FDI in the industrial sector. The restrictions ensured that FDI averaged only around $200M annually between 1985 and 1991; a large percentage of the capital flows consisted of foreign aid, commercial borrowing and deposits of non-resident Indians.[6] India's exports were stagnant for the first 15 years after independence, due to the predominance of tea, jute and cotton manufactures, demand for which was generally inelastic. Imports in the same period consisted predominantly of machinery, equipment and raw materials, due to nascent industrialisation. Since liberalisation, the value of India's international trade has become more broad-based and has risen to 63,080,109 crores in 2003–04 from 1,250 crores in 1950–51.[citation needed] India's major trading partners are China, the US, the UAE, the UK, Japan and the EU.[7] The exports during April...
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...performers in attracting foreign direct investment in 2013, almost doubling their share from the pre-crisis level. BRICS now account for over one fifth of global FDI with China gaining the 2nd spot, Russia 3rd and Brazil 7th in the list of top 20 host economies of 2013.The current share of global FDI inflows to BRICS is at 22 per cent which is twice that of their pre-crisis level, according to the UN Conference on Trade and Development (UNCTAD) report. Total inflow to BRICS reached $322 billion in 2013, up 21 per cent from 2012. INTRODUCTION: South Africa outperformed other countries within BRICS, with FDI inflows rising by 126%. With inflows to China at an estimated US$127 billion, including both financial and non-financial sectors – the country again ranked second in the world, closing the gap with the United States to some $32 billion, FDI inflows to the Russian Federation jumped by 83% to US$94 billion making it the world’s third largest recipient of FDI for the first time ever, The rise was predominantly ascribed to the large acquisition by BP (United Kingdom) of 18.5% of Rosneft (Russia Federation) as part of Rosneft’s US$57 billion acquisition of TNK-BP. India ranked 16th among the top 20 global economies, receiving the maximum FDI, with Asia regaining the top spot as the “largest host region”. FDI inflows into India grew 17 per cent to $28 billion in 2013 despite unexpected capital outflows in the middle of the year, according...
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