ID | 133447 |
Title Proper | India |
Other Title Information | an economic superpower? |
Language | ENG |
Author | Verma, Jagdish P |
Publication | 2014. |
Summary / Abstract (Note) | In the past couple of years we have seen a decline in the influence of United States as a global superpower, particularly in Europe and East Asia. The military exuberance of the US after the collapse of Soviet Union led to a heightened global paranoia against a perceived US imperialism. Thus began a race among several emerging nations to fill the gap of a balancing superpower. Russia fell behind due to its economic problems, as the capitalist 'shock therapy' didn't work as well as American analysts predicted. The European Union also seems to be going nowhere after a series of reorganisations and also lack of unified military. This has brought the focus on two emerging Asian countries - India and China. |
`In' analytical Note | World Focus Vol.35, No.8; Aug.2014: p.85-90 |
Key Words | India ; Economic growth ; Growth Potential ; Intellectual ; Military power ; China-India Relations ; Economic Development ; GDP ; Indian Economy ; Export ; Economics |