Indian Century

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Republic of India
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The Indian Century or India as an emerging superpower[1] is a neologism referring to the possibility that the 21st century will be dominated by India, similarly to how the 20th century is often called the American Century,[2] and the 19th century the British Century.[3][disputed ] It is used particularly in the assertion that the Indian economy shall grow and overtake the economy of the United States as the largest economy in the world,[4] although the PRC is often labelled as the world's future largest economy as well.

History[edit]

According to scholars,[5][6][7] media sources[8][9][10] and economic historian Angus Maddison in his book The World Economy: A Millennial Perspective, the polities of India constituted the largest economy in the world from ca. 1 CE to 1000 CE.[11][12] Also, during the period when China was the dominant economy in the world, India held the second position of the largest economy.[11] India's share of the world income (economic output) went from 27% in 1700 (compared to Europe's share of 23%) to 3% in 1950.[13]

Factors[edit]

India is generally considered an emerging power due to its large and stable population, and its rapidly growing economic and military sectors.[14]

Many industries are established in the country due to investments in technology and in the professionalisation of manpower, in addition to its tradition of Exact Sciences.[15][clarification needed] However, several problems such as economic, political, and social problems need to be overcome to be considered a superpower.[16] It also[dubious ] have much global influence as compared to other countries like the United States[dubious ].[17][18]

References[edit]

  1. ^ O Status da Rússia na Política Internacional: de Superpotência a Emergente? - Universidade Estadual de São Paulo Júlio Mesquita
  2. ^ "21st century is going to be Indian century: Alagappan." December 1, 2007. OneIndia News/(UNI).
  3. ^ Halliwell, Martin; Catherine Morley (2008). American Thought and Culture in the 21st Century. Edinburgh University Press. pp. 9–10. ISBN 978-0748626021. 
  4. ^ "'India will be the biggest superpower'". 
  5. ^ "Cover Story: India, the Silicon Jewel of the East". Digital Journal. Retrieved 23 June 2014. 
  6. ^ "All the riches of the east restored". Le Monde diplomatique. Retrieved 23 June 2014. 
  7. ^ "India and China Will Catch Up with the United States". Alexander von Humboldt Foundation. Retrieved 3 July 2014. 
  8. ^ "Ruin of India by British Rule". Marxist Writers’ Archive. Retrieved 19 June 2014. 
  9. ^ "The Gems of Pre-British India". Infinity Foundation. Retrieved 19 June 2014. 
  10. ^ "When – not if – China overtakes the US, normality will have returned". The Independent. Retrieved 19 June 2014. 
  11. ^ a b "The World Economy (GDP) : Historical Statistics by Professor Angus Maddison". World Economy. Retrieved 21 May 2013. 
  12. ^ Maddison, Angus (2006). The World Economy - Volume 1: A Millennial Perspective and Volume 2: Historical Statistics. OECD Publishing by Organisation for Economic Co-operation and Development. p. 656. ISBN 9789264022621. 
  13. ^ Madison, Angus (2006). The world economy, Volumes 1–2. OECD Publishing. p. 638. doi:10.1787/456125276116. ISBN 92-64-02261-9. Retrieved 23 May 2013. 
  14. ^ A Índia como economia emergente: a importância das energias renováveis na estratégia de sustentabilidade energética - Universidade Tecnológica de Lisboa
  15. ^ O outro Vale do Silício - Veja Online
  16. ^ A Índia e a nova ordem mundial Universidade Federal do Rio Grande do Sul
  17. ^ "India 2025: What kind of superpower?". Economictimes.indiatimes.com. 2011-01-09. Retrieved 2012-02-10. 
  18. ^ Meredith, R (2008) The Elephant and the Dragon: The Rise of India and China and What it Means for All of Us, "W.W Norton and Company" ISBN 9780393331936

Books[edit]

  • India: The Rise of an Asian Giant ISBN 9780300113099
  • Luce, Edward (2008) In Spite of the Gods: The Rise of Modern India. Anchor ISBN 9781400079773.
  • Lak, Daniel (2009) India Express: The Future of the New Superpower. Palgrave Macmillan ISBN 023061759X4.
  • Sieff, Martin (2010) Shifting Superpowers: The New and Emerging Relationships between the United States, China and India. Cato Institute ISBN 9781935308218.
  • McKinsey & Company Inc. (2013) Reimagining India: Unlocking the Potential of Asia's Next Superpower. Simon & Schuster ISBN 9781476735306.
  • Durant, Will (1930) The Case for India. New York: Simon and Schuster.
  • Kennedy, Paul (1989) The Rise and Fall of the Great Powers. Vintage; 1 edition ISBN 9780679720195.
  • Dirks, Nicholas (2008) The Scandal of Empire: India and the Creation of Imperial Britain. Belknap Press ISBN 9780674027244.
  • Parthasarathi, Prasannan (2011) Why Europe Grew Rich and Asia Did Not : Global Economic Divergence, 1600–1850. Cambridge University Press ISBN 9780521168243.
  • Meredith, Robyn (2008) The Elephant and the Dragon: The Rise of India and China and What It Means for All of Us. W. W. Norton & Company ISBN 9780393331936.
  • Smith, Jeff (2013) Cold Peace: China-India Rivalry in the Twenty-First Century. Lexington Books ISBN 9780739182789.

Additional sources[edit]

See also[edit]