3 Review(s)

Our times are characterized not by estranged Superpowers building formidable arsenals but by engaged societies building a robust global economy. Emerging countries are redefining the geo-economic (and geopolitical) dynamic; in the new world order, a soaring GDP and a booming population are the true indicators of a nation's strength. The twenty-first century will be led, Raghav Bahl says, by a handful of SuperEconomies-large, prosperous countries with a high growth rate, ranking among the world's top trading partners, commanding 15 to 20 per cent of global GDP, having nuclear arms but using economic leadership to effect significant change. The USA and China qualify automatically as the two existing SuperEconomies. With its demographic advantage, a surplus of skilled labour, a GDP that is expected to jump from $2 trillion to over $5 trillion by 2025, a strategic geographic location and a new, decisive political leadership, India has every chance, Bahl argues, of becoming the third SuperEconomy. As the world's largest democracy, its arrival will enhance global stability and ensure that the balance of power remains free, fair and representative of the people. Drawing on history, current affairs and political and economic analyses, SuperEconomies projects how India can soon become a world leader and help secure a future of peace and prosperity for all.