Yeah, China is progressing at the rate of more than 9% for the past 25 yrs and India is progressing at the rate of 9% for the past 4 yrs. The world, esp America, has already witnessed the India's prowess in IT and telecom sector and with sound policies in agriculture and growth in manufacturing sector will see india grow faster than any other country.
Acording to one estimate, the share of the US in world GDP is expected to fall (from 21 per cent to 18 per cent) and that of India to rise (from 6 per cent to 11 per cent in 2025), and hence the latter will emerge as the third pole in the global economy after the US and China. By 2025 the Indian economy is projected to be about 60 per cent the size of the US economy. The transformation into a tri-polar economy will be complete by 2035, with the Indian economy only a little smaller than the US economy but larger than that of Western Europe. By 2035, India is likely to be a larger growth driver than the six largest countries in the EU, though its impact will be a little over half that of the US.
India, which is now the fourth largest economy in terms of purchasing power parity, will overtake Japan and become third major economic power within 10 years.
Hope now u believe it's going to be the century of India and of course, china.
2007-01-13 21:40:27
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answer #1
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answered by vek 2
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Part right, but here's a correction. The ENTIRE century will belong to USA and India. The first half of the century will also belong to China.
The countries that matter for the next 50 years are USA, China, and India. But by mid-century China will become too old demographically and drop out like Japan and Europe have. The rest of the century is for USA and India -- which by then will be the only two large, developed economies with growing populations.
2007-01-14 11:56:35
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answer #2
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answered by KevinStud99 6
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It ability the U. S. will very quickly now not be the "Worlds basically superpower". it really is a superb problem! India actual will be a economic ability yet i do not see them increasing as a protection force ability, both China and Russia are protection force powers of their own correct yet in a procedures more desirable economic condition than the U. S.. the U. S. will see that's economic ability proceed to decline until eventually it addresses the middle themes in the back of that's economic woes. If it does not that's going to develop into the yet another large Britain resting on its laurels yet not really an empire anymore. I do assume China, and Russia will develop into superpowers and if the U. S. can turn itself round might want to act as somewhat a counterbalance If not, besides the actual undeniable truth that they have got collaborated on some issues, i imagine there is adequate distinction between both to the position they are going to counter stability one yet another.
2016-10-17 01:19:06
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answer #3
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answered by Anonymous
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they are rapidly growing countries that's right and their economic activities are impressive. but U.S., England and Russia of course are going to rule the world for a while at least for this century i guess.despite china has a constant place in the U.N . Security Council it's political power is not comparable with U.S..
2007-01-13 22:44:31
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answer #4
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answered by sedatp 1
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as 21st century is for all countries in the world ; and india & china are also part of this world.so naturally it's for india and china ALSO !!
2007-01-13 21:46:48
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answer #5
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answered by Anonymous
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It is apparently the century of endless questions about china.
2007-01-13 19:53:10
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answer #6
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answered by corzich 4
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I'm afraid that India is going to overpopulate.
China has the 1 child policy
2007-01-13 21:40:50
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answer #7
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answered by antony272b2 3
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Yes.
2007-01-13 19:52:52
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answer #8
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answered by ravish2006 6
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For once, you are absolutely right !
Good show.
2007-01-13 20:50:28
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answer #9
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answered by CoolVibe 4
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you got that right!
2007-01-13 20:38:03
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answer #10
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answered by user name 5
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