How will US policies affect India?

India

Olaf Ihlau

To person

Dr. phil., born 1942; Journalist and author (Süddeutsche Zeitung, Der Spiegel), Eiderstedter Weg 30, 14129 Berlin.
Email: [email protected]

The Indians "come" whether the rest of humanity wants it or not. They are the real challengers of the West because they are based on a stable democracy.

introduction

In the shadow of the worsening global financial crisis, the American business magazine "Forbes" published its annual hit parade of the super-rich last March and celebrated a remarkable comeback. [1] Warren Buffet, investment genius and philanthropist, ousted Microsoft founder Bill Gates from number one among billionaires again after thirteen years. His fortune was estimated at a good 40 billion euros. But the real surprise in this show for the best-heeled came from the representatives of another nation and rising economic power: for the first time, four Indians had made the leap among the ten wealthiest people on this planet. The steel baron Lakshmi Mittal moved up to fourth place, followed immediately by the brothers Mukesh and Anil Ambani with their petrochemical company Reliance, and eighth place was occupied by the most successful real estate dealer in the world, Kushal Pal Singh.






Four Indians in the club of the super rich, that has never happened before. It also says a lot about how rapidly the economic and thus also political weights are currently shifting in the global power game. International economies see the awakened giant of the subcontinent with hypergrowth already on the leap to the top, up to the middle of the century next to the United States and China at the top of the world in a turning point in economic times. This development is compared historically with the industrial rise of the German Empire at the end of the 19th century, which at the time overtook Great Britain as Europe's leading economic power and controlled the world market in electrical engineering, metal processing and the chemical industry. Sometimes confused, the world has to take note that in addition to China, another colossus has grown up in Asia, which as a new global player will have a say in world events in the future - economically and politically, and as a nuclear and missile power, if necessary also militarily. A player who will compete in the world of tomorrow in the battle for jobs, markets and energy resources. "India has the potential to become a world power", proclaim not only sensational headlines, but also well-founded scientific analyzes. [2] The Indians "come" whether the rest of humanity wants it or not. In the long term, they are arguably the real challengers of the West, because they can rely on a stable democratic society, while Asia's other giant, communist China, may get into dangerous turmoil if it opens up.