the global powerhouse essay

As a rising global power, what is India’s vision for the world?

Children with the colours of the Indian national flag painted on their faces wait to perform during the Republic Day parade in Ahmedabad, India January 26, 2017. REUTERS/Amit Dave - RC1E4AC0A280

India has the opportunity to put in place a new framework for its own security and growth, and that of developing countries around the world. Image: REUTERS

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Seventy-one years ago – on 15 August 1947 – India gained independence. Over the subsequent decades, the country has managed its evolution in an international system largely created and guided by the United States and its partners. While it was not easy for India to pursue independent domestic and foreign policies within this system, the American-led order was preferable to the British Empire from which New Delhi had liberated itself.

Today, this global system is under serious threat. Washington, along with capital cities across the European Union, finds itself caught in a polarizing debate on the social contracts of its society – questions of domestic inequality and identity have left the US and its allies incapable of effectively championing the values of the international order. Simultaneously, the balance of global economic power has once again tipped in favour of Asia.

Within this shifting global landscape, India has the opportunity to put in place a new framework for its own security, growth and development, and that of developing countries around the world. As a rising global power, this must be India’s principle endeavor in the coming decades.

The changing international order

The extraordinary rise of countries in Asia has spawned at least two new dynamics. First, political boundaries – many of them colonial legacies – are steadily becoming more porous through economic cooperation. Markets are converging across the Eurasian landmass as well as facilitating the geo-economic “union” of the Indian and Pacific oceans. This has resulted in new integrative dynamics; as cultures, markets and communities aspire for development and new opportunities. Second, even though territorial considerations acknowledge economic linkages, political differences are still being reasserted – not just to contest the consensus of the past, but to shape a new order altogether.

Asia is coming together economically but is also threatening to grow apart politically; market-driven growth in the region sits uneasily with a diverse array of political systems.

China is, in large part, responsible for both. While offering a political vision that stands in sharp contrast to the “liberal international order”, China has been equally assertive about advancing free trade, raising new development finance, and offering a new model for development and global governance. The prospect of China using its economic clout to advance its own norms is worrying for India.

A consensus to shape a new order

Given the velocity of change underway, the challenge for India on its Independence Day is to shape an inclusive and equitable international order by the centenary of its independence. To achieve this, India must prepare to act according to its capabilities: by mid-century it must build the necessary state capacity, industrial and economic heft and strategic culture that would befit its status as a leading power. The country could present this as a model for much of the developing world to emulate, and anchor faith in the liberalism and internationalism of the world order.

India, then, requires a “consensus” – a new proposition that will not only guide its own trajectory for the better part of the 21st century, but one that appeals to communities around the world.

What then are the tenets of a “New Delhi Consensus”?

First, India must sustain and strengthen its own trajectory of rapid economic growth, and show to the world that it is capable of realizing its development goals within the rubric of liberal democracy. No argument for the New Delhi Consensus can be more powerful and alluring than the economic success of India. By IMF estimates, India already accounts for 15% of global growth. Even though nearly 40% of its population live in various shades of poverty and barely a third are connected to the internet, India is still able to proportionately shoulder the world’s economic burden. Imagine the possibilities for global growth if India can meet, and even exceed, the Sustainable Development Goals (SDGs).

States in the developing world yearn for replicable templates of growth, yet they find themselves with a binary choice between Western democracy, which is ill suited for deeply plural and socially stratified societies, and autocratic systems that have little room for individual freedom.

India, on the other hand has “emerged as a bridge between the many extremes of the world”, as former Prime Minister Manmohan Singh once remarked . India’s plural and composite culture, he said, was “living proof of the possibility of a confluence of civilizations”. The global 2030 development agenda, for the most part, may as well be a story of India’s domestic economic transformation and of its defence of diversity and democracy.

Second and flowing from the above, Delhi must claim leadership over the global development agenda. It is worth pointing out that India sits at the intersection of the world’s two most dynamics regions, Eurasia and the Indo-Pacific. The largest bulk of development finance will emerge from, and be invested in, these regions. It is incumbent on India to ensure that this is not a new means to maximize political interference, but a moment to offer unfettered opportunities.

In his recent address to the Ugandan Parliament, Prime Minister Narendra Modi affirmed that “India’s development partnership will be guided by [African] priorities” – a position that contrasts sharply with the West’s evangelical focus on governance reforms and China’s economic policies in the region. India’s recipient-led partnership framework will allow states to secure development pathways that are economically sustainable and politically acceptable. India now needs to articulate its intentions and the principles that will shape international development cooperation in the days ahead.

Third, Delhi must create and protect the space for equitable and inclusive global governance. For too long, leadership in the international system was considered a free pass to monopolize the global commons. India has always bucked this trend, emerging as a leading power that has never tempered its idealism of “having an interest in peace, and a tradition of friendliness to all”, as one official put it. Whether it is on free trade, climate change or international security, India’s non-interventionist and multilateral approach is well suited to support and sustain global governance in a multipolar world: the new reality of this century.

Finally, India must incubate a new social contract between its own state, industry and civil society. At the turn of the century, former Prime Minister Atal Bihari Vajpayee lamented that India’s democratic growth was held back by three failures: of the government to heed industry voices, of industry to appreciate the objectives of government, and of both in their commitment to the common individual.

Nearly two decades later, the imperative for India to correct these failures is even greater. The spread of information communication technologies and global supply chains implies that businesses and civil society must be made equal stakeholders if India is to develop its own unique consensus. Not only will this add greater legitimacy to India’s proposition, it will also create natural and grassroots champions for the country around the world.

For the first time since the end of the Second World War, a nation state that is wary of hegemonic tendencies and identifies itself with the equitable governance of the global commons is in a position to shape the international order. India is home to one-sixth of the global population and has sustained a unique democratic ethos and a foreign policy that is defined not only by national interest but also by solidarity with the developing world.

As a leading power, India must look beyond raw indexes of economic, political and military might, and craft a consensus that is consistent with its ancient and historic view of the world.

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Essay on India in 2047: the global power house

Essay – india in 2047: the global power house.

Introduction of India in 2047: the global power house essay:

India in 2047 the global power house essay writing

Understanding the effectiveness of power:

To create positive ways of India’s constant growth we should first analyse what comprises national power. The national power of India signifies the manifestation with its defence power, economic strength and political strategies together. All these factors are co-related with strategic functions of the country like its industrial growth, infrastructure development, technological development, leadership skills and political stability. So, we should analyses all the important factors related to India’s overall growth before taking any further initiative for its emerging power.

Emerging power in various aspects for India:

The economic growth of India is significant since independence which creates other paths of emerging power. As per international monetary fund India’s economy forecasts to grow by 7% in this upcoming year which will place the country in 5 th position all over the world. The economic growth rate of India is long-term which is enhancing positively over time for increasing globalization, low dependency ratio, investment rates, healthy savings, and integration of the global economy. India’s GDP will also be improved to larger extent for government contribution, exports and investment values except private consumption.

In manufacturing industry India has placed a remarkable position over time. We can see development in various industries like coal, gas, iron, and petroleum, steel which will produce sufficient production for domestic and international exports consumption. Besides that we will find out development in major infrastructure development which build the basic needs of India stronger.

We can see major development in military modernization of India over the past years. India has become one of the strongest countries in defence power to protect the country from enemies. During the emergency needs of international outlook India has collaboratively work with other defence powers for building a strong protective force. India has contributed largely in the research and development for defence power by improving various missions to meet its goals. We can see Indian armed forces has gone through modernization stages in past years which improved the weapon system and platforms. The government of India must look into the emergency policies for implementing those effectively to bring development in major sectors. With strong policies we can expect strong economic and security growth in the upcoming years which will make India supreme in all aspects.

Conclusion:

India will celebrate 100 th years of independent in 2047 which will be moment full of celebration. All Indian citizens are waiting for viewing major changes within time till the day come the final day of celebration as developed nation India. All country people want to see India at supreme place which can be possible with development in major areas over time. For that the government of India must work on implementing policies and monitoring it over time for its positive outcomes.

FAQs on India in 2047: the global power house essay:

Which are the major areas for development in India?

Answer. The major areas are healthcare, education, industry, policy, technology employment, foreign exchange which can place India at better position.

What is the supreme power of India?

Answer. India is supreme in the global viewpoint for its sovereignty and military modernisation.

Also See: Where do I see my country in 2047 Essay Writing

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Starbucks: A Global Coffee Powerhouse Essay

Introduction.

Starbucks Corporation, an American corporation founded in 1971 in Seattle, WA, is a renowned roaster, producer, and retailer of specialty coffee worldwide. Starbucks has roughly 182,000 employees across 19,767 company-managed & licensed outlets in 62 countries (Goh et al., 2020). Industry demand determination and industry life cycles are the two main macro-environments. The industry’s demand for premium coffee and snack items is mainly determined by several factors: expendable cash, per capita coffee consumption, attitudes regarding health, world pricing of coffee, and demographics. This sector is highly vulnerable to macroeconomic factors that influence the rise in household disposable income. During the downturn, the reduction in disposable income for households due to increased joblessness and stagnating wages created a negative strain on the revenue and performance margins of the business. Another significant aspect for analyzing the customers’ needs is the per capita coffee intake, where the rise in caffeine leads to the rise of coffee & snack shops.

Porter’s five forces analysis provides crucial information to assess the performance of the Starbucks industry. Firstly, threats of new entrants have a moderate intensity since there are few barriers to discourage new competitors, and the industry is composed of a monopolistic structure. Secondly, the threats of substitutes are high since there are other options, such as tea, water, and fruit juices. Thirdly, suppliers have low to moderate bargaining power in that the company adheres to the coffee and farmer equity program that maintains a fair trade between the two parties. Fourthly, buyers have moderate to low-pressure bargaining power since the industry has multiple purchasers who cannot demand price concession, meaning their bargaining power is eroded (Goh et al., 2020). Lastly, there is high to moderate intensity in the competitive rivalry since Starbucks’s competitors have an almost equal market share as the company, raising the pressure.

Starbucks has resorted to making acquisitions to enable it to gain a competitive edge. The top three competitors, including Whitbread, Subway, and McDonald’s, have started acquiring greater market shares, which has prompted Starbucks to acquire smaller businesses to expand. The company has acquired Teavana, Bay Breads, and Evolution Fresh, aiming to expand physically and competition-wise (Goh et al., 2020). Additionally, the company has broadened its globalization capacity by establishing new branches in Brazil, India, Mexico, and South Africa. Generally, the current Starbucks position is defined by extensive acquisition and internationalization.

Goh, S. Y., Kee, D. M. H., Ooi, Q. E., Boo, J. J., Chen, P. Y., Alosaimi, A., & Ghansal, M. (2020). Organizational culture at Starbucks. Journal of the Community Development in Asia (JCDA) , 3 (2), 28-34. Web.

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IvyPanda. (2024, April 25). Starbucks: A Global Coffee Powerhouse. https://ivypanda.com/essays/starbucks-a-global-coffee-powerhouse/

"Starbucks: A Global Coffee Powerhouse." IvyPanda , 25 Apr. 2024, ivypanda.com/essays/starbucks-a-global-coffee-powerhouse/.

IvyPanda . (2024) 'Starbucks: A Global Coffee Powerhouse'. 25 April.

IvyPanda . 2024. "Starbucks: A Global Coffee Powerhouse." April 25, 2024. https://ivypanda.com/essays/starbucks-a-global-coffee-powerhouse/.

1. IvyPanda . "Starbucks: A Global Coffee Powerhouse." April 25, 2024. https://ivypanda.com/essays/starbucks-a-global-coffee-powerhouse/.

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IvyPanda . "Starbucks: A Global Coffee Powerhouse." April 25, 2024. https://ivypanda.com/essays/starbucks-a-global-coffee-powerhouse/.

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Essay on Development of India

Students are often asked to write an essay on Development of India in their schools and colleges. And if you’re also looking for the same, we have created 100-word, 250-word, and 500-word essays on the topic.

Let’s take a look…

100 Words Essay on Development of India

Introduction.

India, a nation with rich history, has transformed remarkably over the years. From an agrarian society, it has become a global player in technology, manufacturing and services.

Post-Independence Era

Post-independence, India focused on self-sufficiency. Five-year plans were introduced to boost sectors like agriculture, industry, and education.

Economic Liberalization

In 1991, India adopted economic liberalization. This opened doors for foreign investments, boosting the economy and creating job opportunities.

Technological Advancements

In the 21st century, India emerged as a technological powerhouse. Innovations in IT, space research, and biotechnology have put India on the global map.

India’s development journey is ongoing, with a focus on sustainable growth and inclusive development.

Also check:

Speech on Development of India

250 Words Essay on Development of India

India, the world’s largest democracy and second-most populous country, has witnessed substantial development since gaining independence in 1947. The development trajectory of India is a unique blend of rapid economic growth, significant strides in technology, and persistent social challenges.

Economic Development

India’s economy has evolved from an agrarian society to a modern, service-driven economy. Post-liberalization in 1991, India’s GDP has grown exponentially, making it one of the world’s fastest-growing major economies. The IT industry, pharmaceuticals, and manufacturing sectors have contributed significantly to this growth.

India’s technological landscape has seen a dramatic transformation. The successful launch of Mars Orbiter Mission, the thriving startup ecosystem, and the digital revolution, marked by initiatives like ‘Digital India’, bear testimony to India’s technological prowess.

Social Development

Despite economic and technological progress, social development has been uneven. While literacy rates have improved, gender disparity, poverty, and health issues persist. The government’s initiatives such as ‘Beti Bachao, Beti Padhao’ and ‘Ayushman Bharat’ aim to address these challenges.

India’s development is a story of resilience and potential. The country has made significant strides in economic and technological domains, but social development remains a challenge. The future of India’s development lies in inclusive growth, sustainability, and leveraging technology for social good.

500 Words Essay on Development of India

India, one of the world’s oldest civilizations, has been a crucible of economic, social, and cultural development for thousands of years. Today, it stands as the world’s largest democracy and one of the fastest-growing economies. The journey of India’s development, however, is a complex tale of triumphs and challenges.

Post-Independence, India adopted a mixed economy approach, combining features of both capitalism and socialism. The Green Revolution in the 1960s marked a significant turning point, enhancing agricultural productivity and ensuring food security.

In 1991, India embarked on a path of liberalization, privatization, and globalization (LPG), opening up its economy to foreign investments. As a result, sectors like IT, telecommunications, and manufacturing witnessed unprecedented growth. The IT industry, in particular, has put India on the global map, contributing significantly to its GDP and employment.

India’s social development has been marked by efforts to uplift the marginalized sections of society. Initiatives like the Right to Education Act, Mid-Day Meal Scheme, and Mahatma Gandhi National Rural Employment Guarantee Act aim to address issues of education, malnutrition, and unemployment respectively.

However, social development has also been hindered by persistent challenges like poverty, illiteracy, and gender inequality. To overcome these, the government has launched programs like Beti Bachao, Beti Padhao, and Pradhan Mantri Jan Dhan Yojana, focusing on female empowerment and financial inclusion.

Technological Development

India’s technological development has seen a significant leap in recent decades. The success of ISRO’s Mars Orbiter Mission, digital initiatives like Aadhaar and UPI, and the burgeoning startup ecosystem reflect India’s technological prowess and innovation.

Environmental Development

India’s development narrative also includes a focus on sustainable growth. The country has made substantial strides in harnessing renewable energy, especially solar power. However, environmental concerns like pollution, deforestation, and climate change pose serious threats. Initiatives like Swachh Bharat Abhiyan and Jal Shakti Abhiyan have been launched to address these issues.

India’s development journey is a tale of remarkable achievements and formidable challenges. The key to future progress lies in inclusive and sustainable development. While the road ahead is arduous, the nation’s rich history and resilient spirit give hope for a future where India can fully realize its immense potential.

This essay explores the multifaceted nature of India’s development, touching upon economic, social, technological, and environmental aspects. It highlights the strides made and the challenges faced, providing a comprehensive understanding of India’s journey and the path ahead.

That’s it! I hope the essay helped you.

If you’re looking for more, here are essays on other interesting topics:

Essay on Agriculture in India
Essay on India in 2047: The Global Power House
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Apart from these, you can look at all the essays by clicking here .

Happy studying!

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The North American Global Powerhouse

Discussions of rising economies usually focus on Asia, Africa and the BRIC countries—Brazil, Russia, India and China. But what may well be the most important development of all is often overlooked: the arrival of North America as a global powerhouse. What's going on?

The North American Free Trade Agreement was signed by U.S. President George H.W. Bush, Canadian Prime Minister Brian Mulroney and Mexican President Carlos Salinas in 1992. It was ratified in the U.S. thanks to the leadership of President Bill Clinton in 1993. Since then, the integration of the three economies has proceeded at a sharp pace. Consider:

The three countries constitute around one-fourth of global GDP, and they have become each other's largest trading partners. Particularly notable is the integration of trade. A 2010 NBER study shows that 24.7% of imports from Canada were U.S. value-added, and 39.8% of U.S. imports from Mexico were U.S. value-added. (By contrast, the U.S. value-added in imports from China was only 4.2%.) This phenomenon of tight integration of trade stands apart from other major trading blocks including theEuropean Union or East Asian economies.

Tighter trade integration has been accompanied by a staggering level of legal movement of people. Total intra-North America movement is 230.8 million annually—over half stemming from same-day travel between the U.S. and Mexico alone. Looking just at overnight tourism, Canadians made 21.3 million trips to the U.S. in 2011 and spent $23.9 billion. U.S. visitors made 11.6 million trips to Canada and spent $7.7 billion. Mexican visitors made 13.5 million trips to the U.S. and spent $9.2 billion. U.S. visitors made 20.1 million trips to Mexico and spent $9.3 billion. (Mexico is the top outbound destination of U.S. travelers.) Legal border crossings for trucks in 2010 amounted to 10.7 million between the U.S. and Canada, and 9.5 million between the U.S. and Mexico.

The three Nafta countries together account for $6.63 trillion in total exports and imports. They have among them free-trade agreements with 50 other countries and there is massive overlap among them. The U.S. is now engaged in negotiations for a free-trade agreement with Europe. Mexico already has such an agreement, and Canada is close to one.

North America, with the U.S. in the lead, is the world's center of creativity and innovation. Any measure will do: new companies formed, Nobel Prizes received, R&D spending, attractiveness to high talent from anywhere, patents issued, and numbers of great universities.

Meanwhile, the energy picture is being transformed by the innovative use of horizontal drilling in the process called fracking. North America is on its way to being a net exporter of energy. The implications for geopolitical developments are vast. North America will have security of supply no matter what happens in the Middle East or elsewhere.

Meanwhile, the North American energy trade is itself notable: $65 billion annually between the U.S. and Mexico and over $100 billion annually between the U.S. and Canada. Cross-border infrastructure and markets for crude oil, refined products, natural gas and electricity increasingly enable the integration of both conventional and emerging forms of energy across the three economies.

Even more important than fracking are the potentials for new ways of producing energy and ideas for using energy more effectively. The promise of these new developments will emerge from the research and development under way at universities and companies in North America. Much of this research is funded by a combination of government and industry money. When good ideas do emerge, the system means that organizations are on hand that know how to scale and commercialize them. Through this R&D, North America can lead the way to a more environment-friendly outlook for the production and use of energy.

The fundamental determinant of productivity of people stems from their education. In the U.S., Canada and Mexico, there is a wide disparity in average K-12 achievement scores, even though, in all three countries, there are plenty of examples of outstanding schooling. In math, Canada is clearly and by far the best of the three countries in K-12 education. The U.S. lags considerably behind Canada, and Mexico is even further behind.

There are continuing efforts in all three countries to improve performance, and the potential for raising living standards is enormous. If the K-12 attainments of students in the U.S. and Mexico were to rise to the level in Canada, the average paycheck in the U.S. could grow by 20% per year. In Mexico, the increase in the average paycheck would be off the charts.

Addictive drugs present our continent, particularly the U.S. and Mexico, with a pressing problem. Every aspect of their use and sale has been criminalized in the U.S. The results are high prison rates in the U.S., high profits for drug dealers, and criminal activity in Mexico, Central and South America as drug cartels, with money and guns from the U.S., wreak havoc in many countries. Deaths in Mexico associated with the drug war have been estimated at around 60,000 over the past five or six years.

The U.S. should vigorously adopt the view expressed by Nancy Reagan in her address to the United Nations in 1988. She said that "if we cannot stem the American demand for drugs, then there will be little hope of preventing foreign drug producers from fulfilling that demand. We will not get anywhere if we place a heavier burden of action on foreign governments than on America's own mayors, judges, and legislators."

There needs to be an open debate on this subject in the U.S. and with our North American partners. We should examine the efforts by other countries and find better ways to deal with this savage problem.

Concerning immigration in North America, it should be noted that with fertility in Mexico declining, and an expanding Mexican economy that is now more than competitive with China in many ways, net immigration of Mexicans to the U.S. last year was zero. Meanwhile, approximately 70% of the people who work on farms in this country are immigrants, legal and illegal. The U.S. needs them. All this underlines the importance of sensible reform in the U.S. immigration system.

People often ask me what Ronald Reagan would think of this or that subject. In the case of immigration, we don't have to speculate. On Jan. 19, 1989, in his last formal statement at the White House, he said:

"We lead the world because, unique among nations, we draw our people—our strength—from every country and every corner of the world. And by doing so we continuously renew and enrich our nation.

"While other countries cling to the stale past, here in America we breathe life into dreams. We create the future, and the world follows us into tomorrow. Thanks to each wave of new arrivals to this land of opportunity, we're a nation forever young, forever bursting with energy and new ideas, and always on the cutting edge, always leading the world to the next frontier.

"This quality is vital to our future as a nation. If we ever closed the door to new Americans, our leadership in the world would soon be lost."

Mr. Shultz, a former secretary of labor, Treasury and state, and director, Office of Management and Budget, is a distinguished fellow at Stanford University's Hoover Institution.

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Indian economy in 2047 will be like powerhouse driving global growth: Goyal

The confederation of indian industry (cii) estimated that india in 2047 will be a $35-45 trillion economy, taking the country into the league of developed nations, piyush goyal said.

Piyush Goyal

UPI-type protocol ONDC to be gradually expanded to more cities: Goyal

Piyush goyal meets australian pm's special trade envoy tony abbott, piyush goyal visits melbourne university as part of 3-day australia visit, good relations will continue with gulf countries, says piyush goyal, goyal to meet us trade representative, commerce secy on visit next week, india mourns death of queen elizabeth ii; national flags fly at half-mast, lucknow hotel tragedy: up cm adityanath orders action against officials, cbi to probe aap govt for 'irregularities' in purchase of 1,000 buses, india signs mou with gulf cooperation council to facilitate consultation, 3 sharpshooters of bishnoi-goldy brar gang nabbed in northwest delhi.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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India as an economy in 2047 can be seen as powerhouse driving global growth, says piyush goyal.

India as an economy in 2047 can be seen as a powerhouse driving global growth, Goyal said as he invited the business community of Southern California to invest in India.

**EDS: TWITTER IMAGE POSTED BY @PiyushGoyal ON THURSDAY, SEPT. 8, 2022** Califor...

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Small island, global powerhouse, updated edition, shelley rigger, also available.

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The Fourth Industrial Revolution and digitization will transform Africa into a global powerhouse

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Njuguna ndung’u and njuguna ndung’u cabinet secretary, national treasury & economic planning - republic of kenya, former executive director - african economic research consortium, former governor - central bank of kenya landry signé landry signé senior fellow - global economy and development , africa growth initiative @landrysigne.

January 8, 2020

14 min read

Below is Chapter 5 of the Foresight Africa 2020 report , which explores six overarching themes that provide opportunities for Africa to overcome its obstacles and spur inclusive growth. Download the paper to see the contributing viewpoints from high-level policymakers and other Africa experts.

Foresight Africa 2020 Chapter 5- Capturing the Fourth Industrial Revolution

So far, it does not appear that Africa has yet claimed the 21st century, 2 as it still lags behind in several indicators essential for a successful digital revolution (see Figure 5.1). 3

Improvements in Africa’s ICT sector have been largely driven by expanding mobile digital financial services: The region had nearly half of global mobile money accounts in 2018 and will see the fastest growth in mobile money through 2025.

But artificial intelligence (AI) and blockchain are also attracting interest in Africa, as they have the potential to successfully address social and economic challenges there. And there are so many other areas in which 4IR technology can be transformational.

The transformative potential of 4IR in Africa is substantial

Encouraging economic growth and structural transformation.

In recent years, the ICT sector in Africa has continued to grow, a trend that is likely to continue. Of late, mobile technologies and services have generated 1.7 million direct jobs (both formal and informal), contributed to $144 billion of economic value (8.5 percent of the GDP of sub-Saharan Africa), and contributed $15.6 billion to the public sector through taxation. 4 Digitization has also resolved information asymmetry problems in the financial system and labor market, thus increasing efficiency, certainty, and security in an environment where information flow is critical for economic growth and job creation.

Failure to recognize and capitalize on 4IR opportunities, conversely, will impose considerable risks on African stakeholders: Without attempts to move beyond existing models of innovation, entrepreneurship, and digital growth on the continent, African businesses risk falling further behind, exacerbating the global “digital divide” and lowering their global competitiveness. 5 Going beyond the existing models requires discipline in governance to allow an endogenous innovative environment. At the same time, institutions must protect the market through consumer protection laws and regulations that encourage competition.

Fighting poverty and inequality

The spread of digital technologies can empower the poor with access to information, job opportunities, and services that improve their standard of living. AI, the Internet of Things (IoT), and blockchain can enhance opportunities for data gathering and analysis for more targeted and effective poverty reduction strategies. Already, we have witnessed the transformational power of formal financial services through mobile phones, such as M-Pesa, reaching the underserved, including women, who are important drivers for sustainable poverty eradication. These financial services allow households to save in secure instruments to enlarge their asset base and escape cycles of poverty.

Reinventing labor, skills, and production

By 2030, Africa’s potential workforce will be among the world’s largest, 6 and so, paired with the needed infrastructure and skills for innovation and technology use, the 4IR represents a massive opportunity for growth. Indeed, the 4IR is dramatically changing global systems of labor and production, requiring that job seekers cultivate the skills and capabilities necessary for adapting rapidly to the needs of African firms and automation more broadly. Already, Africa’s working population is becoming better educated and prepared to seize the opportunities provided by the 4IR: For example, the share of workers with at least a secondary education is set to increase from 36 percent in 2010 to 52 percent in 2030. 7

Increasing financial services and investment

Digitization has impacted economic growth through inclusive finance, enabling the unbanked to enter formality through retail electronic payments platforms and virtual savings and credit supply technological platforms. 8 More broadly, digitization is enabling entrepreneurs and businesses to rethink business models that are more impactful, sustainable, and connected to other sectors of the economy. For example, with fintech, digitization has gone beyond the financial sector to affect the real sector and households, transforming product designs and business models across market segments. 9 Businesses are able to design products and trade online, and individuals are able to operate financial services and payments for shopping and investments. The government is also migrating to online platforms to conveniently provide public services.

Other 4IR technologies are also having impact. For example, in West Africa and Kenya, blockchain has enabled efficient verification of property records and transactions, and expanded access to credit in some previously informal sectors of the economy. 10 Since blockchains are immutable, fraud—and thus the cost of risk—is reduced. There are also immense opportunities for job creation in Africa. 11 Given the informal sector is estimated to constitute 55 percent of sub-Saharan Africa’s GDP 12 (with significant heterogeneity across countries), these tools can be transformational. Their consequences can cascade: Increased financial inclusion contributes to greater capital accumulation and investment, hence potential for employment creation. 13

Modernizing agriculture and agro-industries

Africa has yet to harness the full potential of its agricultural sector, and 4IR technologies provide an opportunity to do so. Farming alone accounts for 60 percent of total employment in sub-Saharan Africa, and the food system is projected to add more jobs than the rest of the economy between 2010 and 2025. 14 Farm labor and income is especially important in sub-Saharan Africa, where on-farm activities represent almost 50 percent of all rural income in countries like Ethiopia, Malawi, Nigeria, and Tanzania. 15 Information on competitive pricing, monitored crop information, disease prevention tips, and disaster mitigation support has the potential to transform the agriculture sector to improve income, production, and demand throughout the continent. Furthermore, as incomes rise across the continent, growing consumer demand for food and beverages will coincide with business-to-business growth in agro-processing.

Ghana-based companies Farmerline and Agrocenta offer farmers mobile and web technology for agricultural advice, weather information, and financial tips. Zenvus, a Nigerian startup, measures and analyzes soil data to help farmers apply the right fertilizer and optimally irrigate farms. 16 The “Sparky Dryer,” a dehydration machine invented by a Ugandan engineer, uses biofuel to dehydrate produce and reduce food waste. 17 African entrepreneurs and startups are also using the Internet of Things to help farmers optimize productivity and reduce waste through data-driven “precision farming” techniques.

Improving health care and human capital

African countries face numerous health challenges exacerbated by climate change, limited physical infrastructure, and a lack of qualified professionals. 4IR technology can help mitigate these threats and build sustainable health care systems, especially in fragile states.

Mobile technology has become a platform for improving medical data and service delivery: About 27,000 public health workers in Uganda use a mobile system called mTrac to report medicine stocks. The SMS for Life program, a public-private partnership, reduces medicine shortages in primary health care facilities by using mobile phones to track and manage stocks levels of malaria treatments and other essential drugs. 18 Rwanda became the first country to incorporate drones into its health care system, using autonomous air vehicles to deliver blood transfusions to remote regions. Technology has also improved disaster response: During the West African Ebola outbreak in 2014, WhatsApp became an easy method of dispersing information, checking symptoms, and communicating under quarantine. 19

Illness detection and pharmaceutical production have most immediately benefited from digitization. AI is being slowly implemented in Ethiopia to help medical professionals correctly diagnose cervical cancer and other abnormalities. 20 IBM Research Africa is also using AI to determine the optimal methods for eradicating malaria in specific locations and using game theory and deep learning data analytics to diagnose pathological diseases and birth asphyxia. 21 (For more on the promise of artificial intelligence in Africa, see the viewpoint on page 69 of the full report ).

Strategies for overcoming key challenges facing Africa during the 4IR

Clearly, the 4IR presents significant opportunities as well as challenges for Africa. The key issue for policymakers is how to position their economies to benefit from the 4IR while managing the challenges that it presents. Below are three strategies that leaders should prioritize.

Fixing the labor-skills mismatch

Since creating jobs for the burgeoning youth population is a priority in most African countries, many governments are reluctant to support technologies that threaten existing jobs. Some of the current technologies tend to replace low-skilled workers—of which Africa has an abundance—with higher-skilled workers, constraining participation in the 4IR to economies with relevant skills. 22 African governments must invest in education and reskilling programs to ensure that technology supplements, instead of replaces, labor.

Enhancing agile governance for secure, effective management of the 4IR and integration into global value chains

As innovation is at the heart of the 4IR, reinforcing state and institutional capacity to drive and support innovation and create an enabling business environment is essential for success.

A major regulatory challenge involves increasing cybersecurity. Most African countries lack a comprehensive legal framework and institutional capacity to address cybercrime. Instead, efforts to prevent cybercrime are appearing at the more local level or are implemented by private sector actors themselves. For example, between 2015 and 2016, there was a 73 percent increase in Information Security Management System-certified companies, from 129 in 2015 to 224 in 2016, with the majority in South Africa, Nigeria, and Morocco. 23 Adopting widely accepted and appropriate norms and regulations, such as these, is a first step to increasing cybersecurity. At the same time, companies should invest in their employees to develop cybersecurity skills and integrate cyber risk protection in their decision making process.

The African Continental Free Trade Agreement offers a unique opportunity to enhance governance around the 4IR. With aligned policies and procedures, the continent can adapt to the rapid changes of the 4IR and leverage it to accelerate participation in global value chains.

More broadly, the 4IR can actually empower service delivery, through, for example, national identification and a new generation of biometrics that can centralize data for a variety of uses and users.

Developing physical and digital infrastructure

Access to advanced technology in Africa is constrained by infrastructure parameters such as lack of electricity and low tele-density, internet density, and broadband penetration. 24 As a result, mobile phone and internet use remains low (Figure 5.2). (For more on strategies for upgrading Africa’s ICT infrastructure, see the viewpoint on page 71). Other technological bottlenecks include a lack of standardized application programming interfaces and common data languages for the increased integration of largely self-sufficient systems as well as exposure to the dangers of cyberattacks. Accelerating the physical connectivity of fiber-optic networks as well as the interoperability of virtual platforms is critical not only for upgrading technology on the continent, but also for reaching and lowering unit costs for the underserved.

More broadly, adequate infrastructure development will drive and sustain economic transformation in Africa. With lower transport and communication costs, countries with suitable agro-ecological conditions can produce high-value products. Closing the internet connectivity and access gap with advanced economies will enable more African countries to enter service export markets. Small-scale manufacturers in Africa may also become more competitive with access to digital platforms for research, sales, and distribution.

To make the most of the 4IR, African governments and entrepreneurs need to recognize new niches for industry and leverage them to achieve sustainable, inclusive growth, and take decisive steps to close the gaps in digital skills, infrastructure, and research and development.

15 The European Union as a Global Power?

Published: October 2021
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European integration started after the Second World War as an effort to bring peace in the Old Continent and to promote the unity of its peoples in a categorical rejection of nationalism. Hence, the very reason of making a united Europe was internal in its roots. Without denying the extraordinary achievements of the European project, today we can no longer give traditional answers to the fundamental question: ‘Why make Europe?’ If yesterday the underlying reason was clear to everyone—peace, in fact—today it is no longer the case. One of the ‘positive’ aspects of Brexit—and there are very few!—is having awakened Europe from a dangerous, deterministic, and almost dogmatic inertia of giving ‘Just because’ as the answer. So why should we continue to build a united Europe? Why do we need the European Union in the twenty-first century? In a nutshell the answer is that from the hegemon it was until the twentieth century, Europe must become a beacon for the world as a value-based global power. This is the essence of the new role that Europe is called to play in the world. In order to do this, we can no longer just look at internal causes for making Europe, but must also take into account the external context. In other words, we should adopt a mentality whereby European values coincide with European strategic interests. This shift is the key to making Europe live up to its global ambitions.

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India will become a global powerhouse by 2047: Piyush Goyal

Union minister Piyush Goyal interacting with the Business Community of Southern California. Pic: Piyush Goyal/YouTube

Goyal also noted that the completion of the Indo-Pacific Economic Framework (IPEF) is an important milestone for free and fair trade with like-minded countries, who share the objective of having rule-based international order and a transparent economic system, according to a press release by India’s ministry of commerce and industry.

Politically stable and open economies in the Indo-pacific region are coming together to expand economic activities amongst each other, he added.

Goyal added that the transformational work happening in India has taken the country to the 5th spot among world economies. Assessing the impact of the foundational changes and structural transformation that has happened in the last few years, Goyal mentioned that CII estimates India in 2047 to be a $35-45 trillion economy, bringing the country into the league of developed nations.

Emphasising that India today is a land of opportunities and a potential market for the business community in the US, he noted that India has the advantage of demographic dividend, and its aspirational young population provides a huge opportunity for growth. India is also rapidly transitioning to clean energy, and the country aspires to achieve 500 GW of green energy capacity by 2030, he added.

Noting that India today has emerged as a trusted global partner, Goyal said that India has become a high-quality manufacturer of valuable goods and services, given the skillsets and the talent pool available across sectors such as IT, textiles, hospitality, gems, and jewellery and each one of these would provide opportunities for investors looking to engage with India.

Minister Goyal also urged everyone to use products under the One District One Product (ODOP) scheme for every occasion and commented that if the Indian diaspora across the globe gave preference to ‘Made in India’ products, crores of Indian artisans would gain support for a better tomorrow.

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My Vision For India In 2047 Essay In English | Best 10 Lines, 100, 150, 500 & 1000 words

This is a detailed article about the My vision for India in 2047 Essay in English . By following the samples of essays and postcard writing on my vision for India in 2047, you can complete your school and tuition projects. Short 10 lines essays for classes 2,3,4. Medium 300-350 words for classes 5,6,7,8. And long, over 1000 words for class 9,10,11,12. Hope you found your ideal one, and make sure to leave a comment on which one is your favorite.

My Vision For India In 2047 Essay In English:

India is a developing country, and still has a lot of development left. Our country is about to complete 100 years 2048 of its independence and sovereignty, the 100-year ‘Azadi ka Amrit Mahotsav’ inspiration that will make Indians bigger and stronger.

Essay On My Vision For India In 2047 In 1000 Words :

You can find a detailed essay on My Vision For India In 2047 in 1000 words here. If you are a class 9th or 10th student or higher students, you can apply it anywhere.

Introduction:

Like others, I also have a fantasy for my nation India and I can be glad for it for the cutting edge as it ought to be. The year 2047 will be a milestone year for seeing India through the prism of development, growth, gender, equality, employment, and different issues.

My vision for India in 2047:

My vision for India is to be well managed in all fields like improving poverty, measures to cut down unemployment, pollution control, hunger-Free India, medical facilities in remote areas, no child labor & free schools for poor children, no place for communal violence, self-reliant India, and many more.

While discussing vision, we anticipate doing such things which assist our vision with turning out to be valid.

1. Health & Fitness:

My vision for India in 2047 is to improve Health System by providing good facilities to people. People are also aware of health & Fitness. The most important thing in life is health. In 2047, I want medical treatment to be cheaper so that even the poorest of the poor are not left without treatment. Everyone was able to get timely medical help.

2. Education:

The public authority attempts to spread schooling, however, there are numerous who don’t understand its actual significance. My vision for India in 2047 will be that education will be mandatory for all.

3. Cast Discrimination:

India was freed in 1947, yet, we have not had the option to accomplish total freedom from race and religion. My vision for India in 2047 is a place where there is no segregation.

4. Women Empowerment:

Women are leaving their homes and leaving an impression in different fields and society. My vision for India in 2047 is to make women more attractive and self-sufficient.

We have to try to change the outlook of our society. My view of India is a country that considers women as its assets, not as a liability, also, I wanted to keep women on an equal footing with men.

5. Employment:

There are many educated people in India. But, due to corruption and other reasons, they are not getting suitable jobs. My vision for India in 2047 will be a place where qualified candidates will get jobs first rather than reserved candidates.

Moreover, since India is a developing country, some industries will grow and many will get job opportunities there as well.

6. Corruptions:

Corruption is a focal point that is hindering the development of the country, and the innumerable prospects for India in 2047 where the clergy and the authorities have surrendered themselves to their work and are opposed to the development of the country.

7. Child Labour:

Some parts of India are still very poor and the education rate is very low. In all those places, children are busy leaving school and working. My vision for India in 2047, is that there is no child labor, but they are studying.

8. Farming:

Farmers are said to be the backbone of our nation, they provide food and necessities. It enables people to survive and engage in physical activity. Farmers should be protected by providing training facilities on seeds, pesticides, and fertilizers so that they can use their knowledge to grow more crops and give people a reason to rely heavily on products from agriculture.

The development of industries such as high-quality machine building, modified equipment, and industrial areas are also very important.

9. Science & Technology:

With the help of science and technology, India reached the Mongol planet first. I want India to make a lot more progress in all these areas by 2047.

10. Pollution:

I want India to keep the environment clean and healthy for people, plants, and animals. Let him do the pollution control system that should be followed and be free from various kinds of pollution.

Our flora and fauna are also important to meet our basic needs as farmers and to keep us healthy and active.

Conclusion:

The India of my vision in 2047 will be an ideal country. Also, there is no discrimination of any type. In addition, it is a place where women are seen as equal to men and respected equally.

The next twenty-five years will be highly crucial not just for our country but also for us as citizens of India. The excursion could take extreme however the objective vows to remunerate. We will observe a nation so strong yet so joined together.

My Vision For India In 2047 10 Lines :

This is the section for My vision for India in 2047 essay in English in 10 lines or 150 words.

My vision for India in 2047 essay in 10 Lines:

Our country India was freed from British subjugation on the fifteenth of August 1947. 75 years of freedom are concluding.
In this viewpoint, India needs to beat corruption, poverty, unemployment, lack of healthy sustenance, and illiteracy.
We should guarantee safe schooling for women and children and guarantee equivalent opportunities for all.
There should be no segregation of creed, gender, social or economic status, and standing.
We should be independent in food and shelter for all.
By 2047 we should turn into the biggest economy on the planet.
We should accomplish feasible advancement with environmentally friendly power and a sound India.
We should make it harmless to the ecosystem, sans carbon, and green advancement by utilizing assets.
Our nation should be created based on protection power, innovation, and gifted labor.
May my nation be a place that is known for harmony, thriving, and honesty.

My Vision for India In 2047 Essay In English 500 Words:

This 500 words section is for my vision for India in 2047 essay in English.

In a world where Artificial General Intelligence is on the rise, what are the implications for India?

India has always been ahead of its time in terms of technology and innovation. With AI assistants and personal assistants becoming more popular, India will be able to lead the way in an era where AI dominates human life.

How Technology Will Shape the Future of India:

India is considered to be one of the most technologically advanced countries in the world with a large population and a booming economy. With the help of technology, India is expected to become more economically competitive and can provide better opportunities for its citizens.

India has been using technology to solve problems since ancient times. The country has made use of technology in various aspects such as agriculture, healthcare, education, and even sports. There are many ways that India has used technology to improve its quality of life over time.

The future of India will be shaped by how it uses technology in various sectors such as transportation, healthcare, and education.

The Indian Economy in 2047:

The Indian economy is expected to be one of the most important economies in the world in 2047.

The Indian Economy in 2047 is an essay about how India will be a leading economic power by 2047. This essay discusses how the Indian economy will change due to globalization and how India’s citizens will benefit from it.

The Indian Media in 2047:

The Indian Media in 2047 is the first book of its kind that takes a long-term view of the Indian media landscape in the year 2047. It covers a wide range of topics such as the rise and fall of print, digital, and social media; how content is created and consumed; how news becomes fake or authentic; how audience engagement happens; and more.

This introduction includes information on what this book covers, what it is called, who wrote it, and where to buy it.

Conclusion: India’s Future is Bright

India’s future is bright. The country has been a part of the world’s fastest-growing economies in recent years. India’s GDP has grown at a rate of 7-8% for the past few years. The country is also home to one of the world’s largest populations with over 1 billion people.

The population and economy are expected to grow even further in the coming years. With this growth, India will be able to provide better opportunities for its citizens and become an even more attractive destination for global businesses.

My Vision For India In 2047 Essay In English 700 Words:

This 700 words section is for my vision for India in 2047 essay in English.

Introduction: What is India’s Future?

India is one of the most populous countries in the world, but its population is still on a rise. In 2047, India will be home to over 1 billion people.

My vision for India in 2047 Essay in English

The future of India is uncertain, but there are some things that I believe will happen. India will be more diverse than ever before with a greater number of ethnicities and religions in the country. There will be more opportunities for women to work and contribute to society in different ways. More young people will continue to study abroad and return with new skillsets and knowledge about other cultures that can help grow their own country.

What are the Effects of the Demographics that You See Today?

The effects of the demographics that we see today are going to have a significant impact on the future.

In order to get a better idea, let’s look at some of the most important demographic factors in the United States.

The U.S. population is projected to reach 400 million by 2050, which means that it will be twice as large as it was in 1950.

What will be the Economic Conditions Like in 2047?

The world is changing fast and so are the economic conditions. It is predicted that in 2047, the world will be a very different place than it is now.

In 2047, we can expect to see a lot of changes in economic stability. The economic growth will be slower and there will be more people who have financial difficulties as well as a decline in the standard of living.

What do People Think about India’s Future?

India is often called the next superpower. The country has the third-largest population in the world and is growing rapidly. In 2047, India’s population will be around 1,2 billion people.

What do people think about India’s future? India is often called the next superpower. In 2047, India’s population will be around 1,2 billion people.

The future of India is uncertain, but it will be a fascinating time to watch. In the future of India, we have seen a lot of change in the past few decades. From being a developing nation to one that is growing at an exponential rate. We are seeing changes in our culture and how we live our lives.

A key aspect of this change has been the rise of technology and its impact on society as a whole. Technology is not just affecting us in the workplace, but also in how we live our lives outside work as well. The future is uncertain for India, but it will be an interesting time to watch!

My Vision For India 2047 Letter :

Sub:- My Vision For India In 2047

Honorable Prime Minister of India,

Shri Narendra Modi Ji,

This is a letter about what I want to see that in the next five years at 100 years of our Independence. Our country India was liberated on 15th August 1947 from 200 years of oppression and slavery by the British. This year marks the 75th anniversary of independence. On the occasion of its 100th anniversary, the whole country will celebrate ‘Azadi Ka Amrit Mahotsav’. On this occasion, I want to express my vision for India in 2047.

My vision for India in 2047 is that India should be liberated from Corruption, crime, poverty, illiteracy, and all that India lingers behind.

My vision for India is harmony, peace, truthfulness, and honesty after 100 years of freedom.

There will be no kids who will ask for begging, no youngster will be constrained into child labor work.

I want to see that in the next five years, my vision is that India will become a strong country inside and outside India where women can eat safely and walk the streets effectively. An India where everyone gets holistic and significant material and shelter.

I think unemployment is one of the biggest problems in India. My biggest dream is to see in India that no one else is unemployed.

My vision for India in 2047 there is no qualification of caste, color, gender, or economic status. Everybody gets minutes for work and lands Positions. There ought not to be any contrast between the rich and poor. I want to consider India to be a high-level country.

— Your Name

— Your School

My Vision For India In 2047 Postcard:

In this letter, I share my vision for India in 2047.

India is a country with a diverse culture and people who are eager to learn. India has the potential to be one of the most prosperous countries in the world but it’s not there yet.

My vision for India in 2047 is one where we have achieved enough economic prosperity that every citizen can live an average life with dignity and happiness. We have achieved this through innovation, entrepreneurship, and hard work.

My vision for India in 2047 pdf download:

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India in 2047 Global Power House Essay

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India in 2047 Global Power House Essay (100 words)

By 2047, India is on target to become a global growth powerhouse. As India marks 75 years of independence, it is apparent that much has been accomplished since 1947. India is now the world’s fifth-largest economy, having achieved significant success in industrialization, infrastructure development, and military modernisation.

It is critical to understand where we perceive India in terms of global geopolitics and emergence as a world power over the next three decades. We must first learn about national power, then about economic growth in India, then about manufacturing and industry, and last about military modernization in India.

India in 2047 Global Power House Essay (150 words)

Assessing the impact of recent foundational changes and structural transformations, the Confederation of Indian Industry (CII) predicted that India will be a USD 35-45 Trillion economy by 2047, putting the country in the category of developed nations. Following its independence from British domination, India has been a shining example of sovereignty and increased national authority.

India just honored 75 years of Indian independence with the initiative ‘ azadikaamritmahotsav ‘ in 2022. As we approach the 75th anniversary of our independence, we can see progress in areas such as infrastructure, technology, defense, healthcare, education, and so on. So far, India has made significant progress. India has become so self-sufficient that it is now exporting to other neighboring countries. India will celebrate its 100th year of independence in 2047, which will be a great and proud occasion for us. So, during the next 25 years, we may expect significant progress in all sectors that can help India improve its worldwide standing.

India in 2047 Global Power House Essay (200 words)

As India celebrates 75 years of freedom, it is clear that much has been accomplished since 1947. Today, India is the world’s fifth-largest economy, has made enormous achievements in industrialization, infrastructure development, and military modernisation. India now exports goods and services to 75 countries across the world and has a strong domestic consumer demand base.

It has gradually increased its global influence, as seen by our Prime Minister’s visits to 68 countries in the last eight years. It is therefore critical to comprehend where we envision India in the next three decades in terms of global geopolitics and emergence as a world power. India’s manufacturing industry on a current US dollar basis, GDP output in 2022 was the fifth highest in the world.

From 2011 to 2022, GDP from Manufacturing in India averaged 4938.56 INR Billion, with a peak of 6778.59 INR Billion in the first quarter of 2021 and a low of 3331.04 INR Billion in the third quarter of 2011. Today, we must recognize that a nation that controls commodities may rule the world. In terms of sovereignty and military modernization, India is unique in the world.

India in 2047 Global Power House Essay (250 words)

As we celebrate the 75th anniversary of our independence, we can see progress in areas such as infrastructure, technology, defence, healthcare, education, and so on. So far, India has made significant progress. India has become so self-sufficient that it is now exporting to other neighbouring countries. As a result, India has earned foreign cash over the years, which has boosted the country’s economy. India will celebrate its 100th year of independence in 2047, which will be a great and proud occasion for us. So, during the next 25 years, we may expect significant progress in all sectors that can help India improve its worldwide standing. For this, India must invest more in research and development in all policies and the worldwide emergence of power in the next years.

Since its independence, India has experienced rapid economic growth. In PPP terms, India’s GDP accounts for 7.5% of the global economy. According to the International Monetary Fund (IMF), India’s GDP would increase by 7% this year, making it the world’s fifth largest. A decade ago, it was the world’s 11th-largest economy. The pandemic disrupted trade in 2020, and India was the world’s 14th-largest importer and 21st-largest exporter. It is now ranked 37th in the Ease of Doing Business index and 28th in the Global Competitiveness Report.

In 2047, India will celebrate its 100th year of independence, which will be a momentous time. All Indian citizens are looking forward to seeing major changes within a short period of time before the final day of India’s celebration as a developed nation. Everyone in the country wants to see India rise to the top, which is attainable with progress in key areas over time. For this, the Indian government needs to concentrate on adopting policies and reviewing their effectiveness over time.

India in 2047 Global Power House Essay (300 words)

India is on the path to becoming a global growth powerhouse by 2047. Today, India is the world’s fifth-largest economy, having made enormous achievements in industrialization, infrastructure development, and military modernisation. India now exports goods and services to 75 countries across the world and has a strong domestic consumer demand base. It has gradually increased its global influence, as seen by our Prime Minister’s visits to 68 countries in the last eight years. It is therefore critical to comprehend where we envision India in the next three decades in terms of global geopolitics and emergence as a world power.

We will discuss the critical factors that will increase India’s global power.

Recognizing the strength of power

To develop favourable routes for India’s continuous growth, we must first examine what constitutes national power. India’s national might represents the embodiment of its defence power, economic strength, and political strategy. All of these characteristics are linked to the country’s strategic functions, such as industrial expansion, infrastructural development, technical progress, leadership qualities, and political stability.

Manufacturing and Industry

Manufacturing and industry employ 22% of the entire workforce and account for 26% of GDP. The government’s emphasis on manufacturing through programs like ‘Make in India ‘ and policies like the ‘National Policy for Advanced Manufacturing,’ Industry 4.0, has played a vital part in increasing the manufacturing sector’s contribution of the country’s GDP to 15%. This must increase to roughly 25% in the next years.

Increase in economic growth

India’s economic growth has been considerable since independence, paving the way for other emerging powers. According to the International Monetary Fund, India’s economy will increase by 7% this year, putting the country in fifth place globally. India’s economic growth rate is long-term, and it is improving over time due to increased globalization, a low dependency ratio, investment rates, healthy savings, and global economic integration.

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India in 2047 Global Power House Essay (500 words)

As India recognizes 75 years of freedom, it is clear that much has been gained since 1947. Today, India is the world’s fifth-largest economy, and has made enormous achievements in industrialization, infrastructure development, and military modernization. India now exports goods and services to 75 countries across the world and has a strong domestic consumer demand base. It has gradually increased its global influence, as seen by our Prime Minister’s visits to 68 countries in the last eight years. It is therefore critical to comprehend where we envision India in the next three decades in terms of global geopolitics and emergence as a world power. In this essay, we will discuss the significant factors that will contribute to India’s increased global power.

India’s Economic Development

Since its independence, India has experienced rapid economic growth. In PPP terms, India’s GDP accounts for 7.5% of the global economy. According to the International Monetary Fund (IMF), India’s GDP would increase by 7% this year, making it the world’s fifth largest. A decade ago, it was the world’s 11th-largest economy. According to the IMF, India will have the world’s fourth-biggest GDP by 2027.

Manufacturing and industry

It employs 22% of the entire workforce and accounts for 26% of GDP. The government’s emphasis on manufacturing through programs like ‘Make in India’ and policies like the ‘National Policy for Advanced Manufacturing,’ Industry 4.0, has played a vital part in increasing the manufacturing sector’s contribution to the country’s GDP to 15%. This must increase to roughly 25% in the next years.

Military Modernization in India

The lessons learnt from previous battles, the changing regional and international environment, and the attitude and ambition of key decision-makers were the primary drivers of India’s military development. During the Bangladesh crisis, the United States and China acted aggressively toward India. During the war, the presence of the US aircraft carrier Enterprise in the Indian Ocean alarmed Indian officials, shaping their strategic vision and outlook. This prompted a significant modernization effort to secure our marine borders, which spanned about 7500 kilometres.

In 2047, India will celebrate its 100th year of independence, which will be a happy event. All Indian citizens are looking forward to seeing substantial improvements within a short period of time before the final day of India’s celebration as a developed nation. Everyone in the country wants to see India rise to the top, which is attainable with progress in key areas over time. For this, the Indian government needs to concentrate on adopting policies and reviewing their effectiveness over time.

India in 2047 Global Power House Essay (700 words)

Assessing the impact of recent foundational changes and structural transformations, the Confederation of Indian Industry (CII) anticipated that India will be a USD 35-45 Trillion economy by 2047, putting the country in the league of industrialized nations. Today, India is the world’s fifth-largest economy, and has made enormous achievements in industrialization, infrastructure development, and military modernisation.

India now exports goods and services to 75 countries across the world and has a strong domestic consumer demand base. It has gradually increased its global influence, as seen by our Prime Minister’s visits to 68 countries in the last eight years. It is therefore critical to comprehend where we envision India in the next three decades in terms of global geopolitics and emergence as a world power.

For the next few years, India must prioritize research and development in all policies and the worldwide emergence of power. In this essay, we will discuss the critical factors that will contribute to India’s increased global power.

To develop favourable pathways for India’s continuous growth, we must first examine what constitutes national power. India’s national might represents the embodiment of its defense power, economic strength, and political strategy. All of these characteristics are linked to the country’s strategic functions, such as industrial expansion, infrastructural development, technical progress, leadership qualities, and political stability. So, before taking any more action for India’s developing power, we should examine all of the crucial factors relating to its total expansion.

India’s Foreign Policy Excessiveness

In recent years, India has pursued a very mature and realistic foreign policy that is totally focused on its own national interests. It has refrained from identifying itself with any power bloc. Despite the Ukraine crisis, we have maintained strong diplomatic and trade connections with both the US and Russia. We have recently had regular engagements with France, Germany, and the United Kingdom, which has helped enhance our connections with the West.

We made strategic changes in the Indo-Pacific region, and QUAD was resurrected. We have also formed a considerable number of Memorandums of Understanding and strategic agreements with both Australia and Japan, providing the required teeth to our combined power. India has also made significant overtures to the Gulf countries, engaging countries such as the UAE, Saudi Arabia, Kuwait, Oman, and Bahrain on a regular basis.

In a multipolar world, India is a responsible power. Currently a prominent force in the Indian Ocean and South Asian region, it is expected to be the second-largest economy by 2050, according to Price Waterhouse Cooper. Based on these perceptions, India has been allocated a role.

Manufacturing and industries

Over time, India has gained recognition in the manufacturing business. We can witness growth in industries such as coal, gas, iron, and petroleum, as well as steel, which will create enough for domestic and international export use. Aside from that, we will see progress in major infrastructure development, which will strengthen India’s basic needs. According to the World Bank, India’s industrial manufacturing GDP production in 2022 will rank fifth in the world in terms of current US dollars. From 2011 to 2022, GDP from Manufacturing in India averaged 4938.56 INR Billion, with a peak of 6778.59 INR Billion in the first quarter of 2021 and a low of 3331.04 INR Billion in the third quarter of 2011.

Today, we must recognize that a nation that controls commodities may rule the world. As a result, being self-sufficient in gas, oil, coal, iron, steel, petroleum products, and food grains will have a significant impact on our global significance.

Economic Growth

India’s economic growth has been considerable since independence, opening the way for other emerging powers. According to the International Monetary Fund, India’s economy will increase by 7% this year, putting the country in fifth place globally. India’s economic growth rate is long-term, and it is improving over time due to increased globalization, a low dependency ratio, investment rates, healthy savings, and global economic integration. Except for individual consumption, India’s GDP will improve to a greater extent due to government contributions, exports, and investment values.

In 2047, India will celebrate its 100th year of independence, which will be a joyous occasion. All Indian citizens are looking forward to seeing substantial improvements within a short period of time before the final day of India’s celebration as a developed nation. Everyone in the country wants to see India rise to the top, which is attainable with progress in key areas over time. For this, the Indian government needs to concentrate on adopting policies and reviewing their effectiveness over time.

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Guest Essay

Xi Thinks China Can Slow Climate Change. What if He’s Right?

By Jacob Dreyer

Mr. Dreyer, an editor and writer who focuses on the Chinese political economy and science, wrote from Shanghai.

At first glance, Xi Jinping seems to have lost the plot.

China’s president appears to be smothering the entrepreneurial dynamism that allowed his country to crawl out of poverty and become the factory of the world. He has brushed aside Deng Xiaoping’s maxim “To get rich is glorious” in favor of centralized planning and Communist-sounding slogans like “ ecological civilization ” and “ new, quality productive forces ,” which have prompted predictions of the end of China’s economic miracle.

But Mr. Xi is, in fact, making a decades-long bet that China can dominate the global transition to green energy, with his one-party state acting as the driving force in a way that free markets cannot or will not. His ultimate goal is not just to address one of humanity’s most urgent problems — climate change — but also to position China as the global savior in the process.

It has already begun. In recent years, the transition away from fossil fuels has become Mr. Xi’s mantra and the common thread in China’s industrial policies. It’s yielding results: China is now the world’s leading manufacturer of climate-friendly technologies, such as solar panels , batteries and electric vehicles . Last year the energy transition was China’s single biggest driver of overall investment and economic growth, making it the first large economy to achieve that.

This raises an important question for the United States and all of humanity: Is Mr. Xi right? Is a state-directed system like China’s better positioned to solve a generational crisis like climate change, or is a decentralized market approach — i.e., the American way — the answer?

How this plays out could have serious implications for American power and influence.

Look at what happened in the early 20th century, when fascism posed a global threat. America entered the fight late, but with its industrial power — the arsenal of democracy — it emerged on top. Whoever unlocks the door inherits the kingdom, and the United States set about building a new architecture of trade and international relations. The era of American dominance began.

Climate change is, similarly, a global problem, one that threatens our species and the world’s biodiversity. Where do Brazil , Pakistan , Indonesia and other large developing nations that are already grappling with the effects of climate change find their solutions? It will be in technologies that offer an affordable path to decarbonization, and so far, it’s China that is providing most of the solar panels , electric cars and more. China’s exports, increasingly led by green technology, are booming, and much of the growth involves exports to developing countries .

From the American neoliberal economic viewpoint, a state-led push like this might seem illegitimate or even unfair. The state, with its subsidies and political directives, is making decisions that are better left to the markets, the thinking goes.

But China’s leaders have their own calculations, which prioritize stability decades from now over shareholder returns today. Chinese history is littered with dynasties that fell because of famines, floods or failures to adapt to new realities. The Chinese Communist Party’s centrally planned system values constant struggle for its own sake, and today’s struggle is against climate change. China received a frightening reminder of this in 2022, when vast areas of the country baked for weeks under a record heat wave that dried up rivers , withered crops and was blamed for several heatstroke deaths.

China’s government knows that it must make this green transition out of rational self-interest or risk joining the Soviet Union on history’s scrap heap, and is actively positioning itself to do so. It is increasingly led by people with backgrounds in science, technology and environmental issues. Shanghai, the country’s largest city and its financial and industrial leading edge, is headed by Chen Jining, an environmental systems expert and China’s former minister of environmental protection. Across the country, money is being poured into developing and bringing to market new advances in things like rechargeable batteries and into creating corporate champions in renewable energy .

To be clear, for Mr. Xi, this green agenda is not purely an environmental endeavor. It also helps him tighten his grip on power. In 2015, for instance, the Central Environmental Inspection Team was formed to investigate whether provincial leaders and even agencies of the central government were adhering to his green push, giving him another tool with which to exert his already considerable power and authority.

At the same time, locking in renewable energy sources is a national security issue for Mr. Xi; unlike the United States, China imports almost all of its oil, which could be disrupted by the U.S. Navy in choke points like the Malacca Strait in the event of war.

Mr. Xi’s plan — call it his Green Leap Forward — has serious deficiencies. China continues to build coal-fired power plants , and its annual greenhouse-gas emissions remain far greater than those of the United States, though American emissions are higher on a per-capita basis. China’s electric vehicle industry was built on subsidies , and the country may be using forced labor to produce solar panels. Those are serious concerns, but they fade into the background when Pakistan floods or Brazil wants to build an E.V. factory or South Africa desperately needs solar panels for a faltering energy grid.

American politics may be inadvertently helping China gobble up global market share in renewable energy products. When the United States — whether for national security or protectionist reasons — keeps Chinese companies like Huawei out of the American market or rolls up the welcome mat for electric vehicle makers like BYD or companies involved in artificial intelligence or self-driving cars, those businesses must look elsewhere.

President Biden’s Inflation Reduction Act , aimed at tackling climate change, has put the United States on a solid path toward carbon neutrality. But America’s decentralization and focus on private innovation means government policy cannot have quite the same impact that it can in China.

So it is crucial for Americans to recognize that, for most of the world, perhaps for all of us, China’s ability to provide low-cost green technology is, on balance, great news. All of humanity needs to move toward renewables at a huge scale — and fast. America still leads in innovation, while China excels in taking frontier science and making its application in the real world cost-effective. If American politicians, investors and businesses recognize that climate change is humanity’s biggest threat, that could open pathways for diplomacy, collaboration and constructive competition with China that benefit us all.

Together, China and the United States could decarbonize the world. But if Americans don’t get serious about it, the Chinese will do it without them.

And if the United States tries to obstruct China, by way of corporate blacklists, trade or technology bans or diplomatic pressure, it will end up looking like part of the climate problem. That happened earlier this month when Treasury Secretary Janet Yellen, during a visit to China, urged officials here to rein in green technology exports that the United States says are hurting American companies.

Mr. Xi won’t completely toss out the polluting manufacturing-for-export economic model that has served China so well, nor does he seem ready to halt construction of coal plants. Both are considered necessary for economic and energy security until the green transition is complete. But they are now only a means to an end. The endgame, it seems, is to reach carbon neutrality while dominating the industries making that possible.

Much like how the United States showed up late for World War II, China’s clean-tech companies are latecomers, piggybacking on technology developed elsewhere. But history rewards not necessarily who was there first but who was there last — when a problem was solved. Mr. Xi seems to discern the climate chaos on the horizon. Winning the race for solutions means winning the world that comes next.

Jacob Dreyer is an American editor and writer focused on the intersection of the Chinese political economy and science. He lives in Shanghai.

The Times is committed to publishing a diversity of letters to the editor. We’d like to hear what you think about this or any of our articles. Here are some tips . And here’s our email: [email protected] .

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Opportunities (updated 04/26/2024)

Posted on April 26, 2024 by Editorial Team

Here, we compile for you legal jobs that are 1) Entry- to mid- level and 2) Open to foreign students/graduates who are usually from the LLM and SJD programs.

Legal Affairs Intern, United Nations (NYC)

This internship is in the Management Advice and Evaluation Section (MAES) of the Office of Under-Secretary-General (OUSG), Department of Management Strategy, Policy and Compliance (DMSPC). The duration is for two months with a possible extension of maximum six months, depending on the needs of the department. Applicants must meet one of the following requirements: (a) be enrolled in, or have completed, a graduate school program (second university degree or equivalent, or higher)…

Gender and Rule of Law Intern, United Nations (NYC)

This position is located in the Office of the Assistant Secretary-General for Rule of Law and Security Institutions (OROLSI) in the Department of Peace Operations (DPO). OROLSI is comprised of five components: Police Division; Justice and Corrections Service; Disarmament, Demobilization and Reintegration Section; Security Sector Reform Unit; and UN Mine Action Service. The Political Affairs intern will support the implementation of the “Accelerating the Women, Peace and Security (WPS) and Youth, Peace and Security agendas (YPS) through Activities Building Rule of Law and Security Institutions and Sustaining Peace” project. Applicants must meet one of the following requirements: (a) be enrolled in, or have completed, a graduate school program (second university degree or equivalent, or higher)…

IP Operations Specialist, TikTok (TX Austin)

The IP Ops Specialist role is part of the Global IP Ops team within Trust and Safety. The team covers all contact with our community and rights-holders with regard to intellectual property (IP) removal requests. The successful candidate will enjoy working in a fast paced and global, operational setting. Minimum qualifications: Demonstrable experience in an IP support, IP consulting role or a similar operations setting for a minimum of 1 year, and/or a relevant (Bachelor or Master) degree in technology, policy, or law / IP law with a good understanding of basic IP concepts.

Trademark and Licensing Coordinator, Texas A&M University – Corpus Christi

The Trademark and Licensing Coordinator, reporting to the Director of Marketing, plays a pivotal role in overseeing the university’s licensing program. This individual ensures the proper registration of Texas A&M University-Corpus Christi names and marks, oversees the utilization of official trademarked names and symbols in graphic design and merchandise applications, upholds university standards to safeguard the integrity of the marks, and actively engages in promoting the commercial utilization of Texas A&M University-Corpus Christi marks with retail vendors and licensed manufacturers. Required: Master’s degree in applicable field with one (1) year of related experience.

Civil Rights Investigation Resolution Specialist, University of Michigan

The University of Michigan, seeks a creative, innovative, and thoughtful person to join its Equity, Civil Rights and Title IX Office (ECRT.) The successful candidate’s primary responsibilities are to look into allegations of discrimination and harassment, including claims which involve Title VII and American with Disabilities Act. The candidate may also resolve matters where appropriate, including holding educational conversations with individuals and/or units on ECRT matters.

Civil Rights Specialist, Weber State University

The ideal candidate provides the following duties: Respond to records requests including Georgia Open Records Act requests, subpoenas, requests for production, court orders and search warrants. Coordinate with other departments within the University for record retrieval; Train and supervise front office Senior Administrative Coordinator; Support IP attorney with Material Transfer and Non-Disclosure Agreements; Initial review of select contracts; among others. Qualification: 7 years of experience, including training and education.

Research Coordinator, Princeton University

The Research Program in Development Economics (RPDE) part of the School of Public and International Affairs at Princeton University seeks one experienced Research Coordinator who will provide research management for senior faculty. The center faculty conduct research in economics, with a strong policy focus. Current research interests of the group include health; education; gender inequality and gender-based violence; the environment; and how political and social institutions shape individual behavior. Essential Qualifications: Advanced degree (MPA, MPP, JD, or related field.); 2+ years’ experience participating in research involving survey data collection or managing research grants and contracts, or demonstrated knowledge in related matters.

Post-Doctoral Fellow, University of Florida

The Levin College of Law seeks to hire a fellow to teach Race and the Law and related courses as part of the College’s pursuit of excellence in legal education and scholarship. We welcome applications from recipients of JD, LLM, and SJD degrees as well as from Ph.D. recipients or candidates in a related field. Successful candidates will have strong scholarly potential, commitment to excellence in teaching, and enthusiasm for creating a welcoming environment for all students.

Assistant Professor, Gonzaga University

As part of its strategic plan, Gonzaga University in Spokane, WA has established the Institute for Informatics and Applied Technology to spearhead partnerships with regional business and government agencies, as well as help Gonzaga lead in workforce development, economic growth, and national security in the areas of big data, cybersecurity, artificial intelligence, and computing. Required Qualifications : A Ph.D. in computer science, cyber security, …, law , artificial intelligence, … or related fields. ABD may be considered, with the expectation that the candidate will have their degree in hand by July 15, 2025; A record of scholarly activity (conference papers and presentations, working papers, and/or journal contributions) and teaching activity.

Adjunct Faculty, Roger Williams University

The responsibilities of School of Law Adjunct Faculty are to teach classes. Specific teaching loads will be determined by the Associate Dean or relevant administrator in consultation with the faculty member involved. Adjunct Faculty are responsible for planning and presenting the material assigned for their courses, seminars or clinics; establishing specific requirements and making them known to students; recommending texts; grading examinations and papers; submitting grades in a timely fashion; and explaining grades to students. A Juris Doctor, Ph.D. or comparable degree is required.

Global Professor of Practice, University of Arizona

The James E. Rogers College of Law at the University of Arizona (UA) seeks a Global Professor of Practice to teach courses in US law for undergraduate students in one of our innovative dual degree undergraduate programs at Ocean University of China (OUC). The successful candidate will start in Fall 2024. Qualifications: J.D. or equivalent; Some proficiency in Chinese is preferred but not required.

IMAGES

FedEx: Building a Global Distribution Powerhouse
📌 Research Paper on Walmart: The Global Powerhouse
📚 Paper Example on Nike: A Global Powerhouse in Sportswear Since 1964
📌 Coca-Cola Logo: A Global Brand Powerhouse for Decades
Asia’s emerging global powerhouse
(PDF) The Transformation of China from an Emerging Economy to a Global

VIDEO

English The Global Powerhouse
The Powerhouse Chicago 8AM Sunday Service, March 31, 2024
CARTOON NETWORK in 2004: The Beginning of a NEW CITY ERA
Becoming a global powerhouse of the cell
Singapore: From Trading Post to Global Powerhouse - The KohKer
Sydney Design Week 2023

COMMENTS

As a rising global power, what is India's vision for the world?
Within this shifting global landscape, India has the opportunity to put in place a new framework for its own security, growth and development, and that of developing countries around the world. As a rising global power, this must be India's principle endeavor in the coming decades. The changing international order.
Essay on India in 2047: The Global Power House
500 Words Essay on India in 2047: The Global Power House Introduction. By 2047, India will be celebrating its centenary of independence, potentially as a global powerhouse. The journey from a struggling post-colonial nation to a global power is a testament to India's resilience, adaptability, and never-give-up spirit. Economic Prowess
Essay on India in 2047: the global power house
Answer. India is supreme in the global viewpoint for its sovereignty and military modernisation. Also See: Where do I see my country in 2047 Essay Writing. Essay on India in 2047: the global power house (600 Words) for Class 9, 10, 12 Board. India in 2047: the global power house Essay is also for Competitive exam aspirants.
Starbucks: A Global Coffee Powerhouse Essay
Main body. Porter's five forces analysis provides crucial information to assess the performance of the Starbucks industry. Firstly, threats of new entrants have a moderate intensity since there are few barriers to discourage new competitors, and the industry is composed of a monopolistic structure.
Essay (700 words)
#India in 2047: The Global Power House, #myvisionforindiain2047 , #india2047 , #myvisionforIndia@100 yearsThis is an essay on "India in 2047: The Global Powe...
Why Taiwan Matters : Small Island, Global Powerhouse
Why Taiwan Matters: Small Island, Global Powerhouse. Shelley Rigger. Rowman & Littlefield, Oct 9, 2013 - Political Science - 228 pages. Now in an updated paperback edition, Why Taiwan Matters offers a comprehensive but compact introduction to a country that exercises a role in the world far greater than its tiny size would indicate.
How Did the United States Become a Global Power?
Throughout the 1890s, influential Americans began to call for the United States to acquire geopolitical influence commensurate with its economic strength. As one sign of this stirring ambition, Congress began to approve the construction of battleships—vessels capable of taking on the fleets of other great powers.
(PDF) India: The Emerging Global Power
PDF | On Apr 8, 2021, John Thomas and others published India: The Emerging Global Power | Find, read and cite all the research you need on ResearchGate
Essay on Development of India
This essay explores the multifaceted nature of India's development, touching upon economic, social, technological, and environmental aspects. It highlights the strides made and the challenges faced, providing a comprehensive understanding of India's journey and the path ahead. ... The Global Power House; Essay on Clean India; Apart from ...
Why Taiwan Matters : Small Island, Global Powerhouse
Rowman & Littlefield Publishers, Jul 16, 2011 - Political Science - 232 pages. Written by a leading expert on Taiwan, Why Taiwan Matters offers a comprehensive and engaging introduction to a country that exercises a role in the world far greater than its tiny size would indicate. Shelley Rigger explains how Taiwan became such a key global ...
The North American Global Powerhouse
Total intra-North America movement is 230.8 million annually—over half stemming from same-day travel between the U.S. and Mexico alone. Looking just at overnight tourism, Canadians made 21.3 million trips to the U.S. in 2011 and spent $23.9 billion. U.S. visitors made 11.6 million trips to Canada and spent $7.7 billion.
Indian economy in 2047 will be like powerhouse driving global growth
India as an economy in 2047 can be seen as a powerhouse driving global growth." "I can see an economy which at least on a business and social case, a 30 trillion USD economy, possibly as, CII estimated recently. Working on the foundation that has been prepared over the last few years," he said.
India as an economy in 2047 can be seen as powerhouse driving global
India as an economy in 2047 can be seen as a powerhouse driving global growth, Goyal said as he invited the business community of Southern California to invest in India. "Accessing the impact of the foundational changes and the structural transformation that has happened in the last few years, preparing India to rapidly grow. ...
Why Taiwan Matters: Small Island, Global Powerhouse, Updated Edition
Now in an updated paperback edition, Why Taiwan Matters offers a comprehensive but compact introduction to a country that exercises a role in the world far greater than its tiny size would indicate. Leading expert Shelley Rigger explains how Taiwan became such a key global player, highlighting economic and political breakthroughs so impressive ...
The Fourth Industrial Revolution and digitization will transform Africa
The Fourth Industrial Revolution (4IR)—characterized by the fusion of the digital, biological, and physical worlds, as well as the growing utilization of new technologies such as artificial ...
Why Taiwan Matters: Small Island, Global Powerhouse
This book discusses the building of Taiwan, the world's tallest building, and why Taiwan Matters to America and the World. Chapter 1: The World's Tallest Building Chapter 2: Building Taiwan Chapter 3: From Farmers to Manufacturers Chapter 4: From "Free China" to Democratic Taiwan Chapter 5: "America Is Boring at Night" Chapter 6: "An Opportunity Full of Threats": Cross-Strait Economic ...
The European Union as a Global Power?
So why should we continue to build a united Europe? Why do we need the European Union in the twenty-first century? In a nutshell the answer is that from the hegemon it was until the twentieth century, Europe must become a beacon for the world as a value-based global power. This is the essence of the new role that Europe is called to play in the ...
Why Taiwan Matters: Small Island, Global Powerhouse
232 PAGES, ISBN: 978-1442204799, HARDCOVER. Upon receiving the review copy of Dr. Shelley Rigger's Why Taiwan Matters, I must admit to my assumption that I would be reviewing a high-caliber, insightful, detailed, and well-documented book. Although this is in fact the case, what was surprising is that for a scholarly work, this book is a real ...
India will become a global powerhouse by 2047: Piyush Goyal
Pic: Piyush Goyal/YouTube. India is on the path to become a powerhouse driving global growth by 2047, said union minister of commerce and industry, consumer affairs, food and public distribution ...
My Vision For India In 2047 Essay In English
This is a detailed article about the My vision for India in 2047 Essay in English. By following the samples of essays and postcard writing on my vision for India in 2047, you can complete your school and tuition projects. Short 10 lines essays for classes 2,3,4. Medium 300-350 words for classes 5,6,7,8. And long, over 1000 words for class 9,10 ...
India Is A Global Agricultural Powerhouse Essay
INTRODUCTION. India is a global agricultural powerhouse. Agriculture, fishery and forestry are the largest contributors to the Gross Domestic Product (GDP) in India. This however plays a major role in the Indian economy. It is the largest in the production of wheat, rice and cotton. Multiple factors have influenced the growth of India's ...
India in 2047 Global Power House Essay
My Mumbai Clean Mumbai Essay. India in 2047 Global Power House Essay (500 words) As India recognizes 75 years of freedom, it is clear that much has been gained since 1947. Today, India is the world's fifth-largest economy, and has made enormous achievements in industrialization, infrastructure development, and military modernization.
GLOBAL POWERHOUSE definition and meaning
GLOBAL POWERHOUSE definition | Meaning, pronunciation, translations and examples
Opinion
Guest Essay. Xi Thinks China Can Slow Climate Change. What if He's Right? April 19, 2024. ... Climate change is, similarly, a global problem, one that threatens our species and the world's ...
Public Debt Dynamics and the Impact of Fiscal Policy
Public debt-to-GDP ratios have undergone substantial fluctuations over both the short and long term. Most recently, global debt-to-GDP ratios peaked at 100% on average in 2020 due to COVID-19, retracting substantially by 2022. To understand what drives these movements, we propose a structural approach to debt decompositions based on a SVAR identified with narrative sign restrictions. We find ...
Central Bank Digital Currencies in the Middle East and Central Asia
Against the backdrop of a rapidly digitalizing world, there is a growing interest in central bank digital currencies (CBDCs) among central banks, including in the Middle East and Central Asia (ME&CA) region. This paper aims to support ME&CA policymakers in examining key questions when considering the adoption of a CBDC while underscoring the importance of country-specific analyses.
Central Banks Casting a Global Financial Safety Net: What Drives the
The expansion of bilateral swap arrangements (BSAs) since the Global Financial Crisis has led to a substantial reconfiguration of the Global Financial Safety Net (GFSN). This paper examines the drivers of BSA supply using a novel dataset on all publicly documented BSAs. It finds that countries with well-developed financial markets and institutions and high trade openness are more likely to ...
Opportunities (updated 04/26/2024)
The successful candidate will enjoy working in a fast paced and global, operational setting. Minimum qualifications: Demonstrable experience in an IP support, IP consulting role or a similar operations setting for a minimum of 1 year, and/or a relevant (Bachelor or Master) degree in technology, policy, or law / IP law with a good understanding ...
AAC&U publishes new report on Mentored Undergraduate Research in Global
A new report has been published by the American Association of Colleges and Universities (AAC&U) on Mentored Undergraduate Research in Global Contexts, or MUR-GC. The publication, co-edited by Maureen Vandermaas-Peeler, details the integration of the high-impact practices of mentoring, undergraduate research, and global and intercultural learning.
Policy Coordination Instrument
This note provides updated general guidance on the use of the Policy Coordination Instrument (PCI). The PCI is a non-financing instrument designed for countries that, at the time of the PCI request, are seeking to unlock financing from sources other than the Fund and/or to demonstrate a commitment to a reform agenda. Since its establishment in 2017 as part of the Fund's work on the Global ...