From Third World country to third most powerful nation

Updated on: Wednesday, September 22, 2010

Unimaginable amidst Commonwealth chaos , an official US report has declared India to be the fourth most powerful nation/bloc in the world after the United States, China, and the European Union.

Issued jointly by the US National Intelligence Council (NIC) and the European Union's Institute for Security Studies (EUISS), the report "Global Governance 2025" says the United States remains the world's most powerful country in 2010, accounting for nearly 22 per cent of the global power.

It is followed by China (12 per cent), and India (eight per cent). Japan, Russia and Brazil with less than five per cent each. Taken as a bloc, European Union comes second with 16 per cent of global power.

By 2025, the United States' share of global power would decline from 22 per cent to 18 per cent, while China would rise up from 12 per cent to 16 per cent to displace EU (down to 14 per cent), making U.S and China as close 1-2. India will remain in third or fourth positions (depending on whether EU bloc is counted in or not) with its share of global power going up to ten per cent.

The report shows growing concern among Indian officials and analysts about China as they worry about an ''absence of an internal equilibrium in Asia to ensure stability.'' India, they concede, is not well positioned to help develop regional institutions for Asia given China's preponderant role in the region.

As a result, the report says, India is primarily interested in transforming global governance institutions. ''The Indians thought existing international organizations are 'grossly inadequate' to deal with mounting challenges...Many hoped the United States would continue to be very much part of the Asian region as a political, economic, and military power,'' the report observes.

It also cites some Indian experts fearing that a system developed by the West, which includes democracy and rule of law, would suffer as the East (read China) becomes more powerful. ''It would be a pity if the West does not hang together to influence the future,'' an Indian interlocutor is quoted as saying.
 

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