An analysis of global trends indicates that by the year 2020, China and India will surpass Europe and rival the US in terms of power and economy. This
will result in a dramatic #ing of the geopolitical arena with major implications for every nation.
www.boston.com
By 2020 the world's economy will have grown by 80 percent and average incomes will have risen by half as India and China -- which together will
account for more than a third of the planet's population -- surpass Europe and compete with the United States as the major global powers, top US
intelligence analysts forecast yesterday
But poor governance, the absence of freedom, and a lack of technological development, among other factors, could mean that some regions will not reap
the benefits of the enormous global changes, potentially resulting in a period of ''pervasive insecurity" that will leave no nation unaffected,
according to National Intelligence Council analysts, who represent all US intelligence agencies. In particular, international terrorism will continue
to pose a major threat, the council said.
''The likely emergence of China and India, as well as others, as new major global players . . . will transform the geopolitical landscape with
impacts potentially as dramatic as those in the previous two centuries," according to the 100-page study, ''Mapping the Global Future," which was
compiled with input from 1,000 specialists who gathered over the past year during 30 conferences on five continents.
The accelerated growth of the world's economy will benefit developed as well as undeveloped nations. Asia probably will displace the United States
and Western Europe as ''the focus for international economic dynamism," the study said.
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I had suspicions of something like this in the past in terms of China, but India is a surprise to me. If this swich in power does actually occur it
will have a major impact on virtually everything as you can imagine, and hopefully prosperity in China and India doesn't mean an economic downfall in
Europe and the US. But as you know, the US is doing poorly (the value of the dollar is going down, farmers are having a tough time..etc) so it
doesn't look too good.
[edit on 14-1-2005 by zhangmaster]
[edit on 14-1-2005 by zhangmaster]