India’s Long Insertion into a Stagnating World Economy

Johannes Dragsbæk Schmidt

India’s Long Insertion into a Stagnating World Economy

Publikation: Konferencebidrag uden forlag/tidsskrift › Paper uden forlag/tidsskrift › Forskning

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Abstract

Although India has experienced high growth rates it is still struggling with high inflation, especially food inflation in double digits, a political system in paralyses and the inability to raise its growth potential. At the same time there is much premature hype about India becoming the next superpower or “Great power” or at least catching up with China.
Let me give four reasons why India should not strive for or even attempt to become a new superpower.
1) Development problems i.e. poverty, inequality, displacement and the health crisis
2) Corrupt political class
3) Ethnic, communal and caste contradictions
4) Sneaking foreign policy contradictions - between realism and pragmatic commercialism i.e. on behalf of idealist Nehruvianism and “Great Power” export of democracy as model - no coherent or grand strategy - The China obsession

Originalsprog	Engelsk
Publikationsdato	2 nov. 2011
Antal sider	6
Status	Udgivet - 2 nov. 2011
Begivenhed	IV International Conference, India: Emerging Economic Power – Quest for EU and World Economic Order - University of Hyderabad., India, Indien Varighed: 2 nov. 2011 → 4 nov. 2011

Workshop

Workshop	IV International Conference, India: Emerging Economic Power – Quest for EU and World Economic Order
Lokation	University of Hyderabad., India
Land/Område	Indien
Periode	02/11/2011 → 04/11/2011

Bibliografisk note

Presentation at the IV International Conference, India: Emerging Economic Power – Quest for EU and World Economic Order at University of Hyderabad., India, 2-4 November 2011.

Emneord

India
Superpower
development
poverty
china
Foreign Policy

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Citationsformater

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