India’s Long Insertion into a Stagnating World Economy

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Abstrakt

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
OriginalsprogEngelsk
Publikationsdato2 nov. 2011
Antal sider6
StatusUdgivet - 2 nov. 2011
BegivenhedIV International Conference, India: Emerging Economic Power – Quest for EU and World Economic Order - University of Hyderabad., India, Indien
Varighed: 2 nov. 20114 nov. 2011

Workshop

WorkshopIV International Conference, India: Emerging Economic Power – Quest for EU and World Economic Order
LokationUniversity of Hyderabad., India
Land/OmrådeIndien
Periode02/11/201104/11/2011

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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