Asia on the rise
By all accounts Asia is on rise in world politics, economy and technology. It has equated itself with the key performance indicators of the affluent nations of the west and on some score has outsmarted them.
The rise has not been an easy one. After gaining independence from the colonial rule of over two centuries, Asia got sucked into the dominance, hegemony and rivalries of super powers. Nations that excelled in economic independence moved out of it and now play a balancing role in world politics, keeping the interest of their nation first. Others, who could not achieve economic independence, remain subjugated to their dictates.
In a major update on global power dynamics, renowned investor Ray Dalio has released the Great Powers Index 2024, ranking the world’s most influential nations. The index evaluates countries through a methodology based on key factors such as economic strength, military power, trade, and per capita influence. The findings suggest a shift in global power, with emerging nations like China and India challenging traditional Western dominance.
The US........
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