Calculi's Politics Blog

Countries doubling their income

It took China only 12 years to double its GDP per person (in PPP) from $1300 to $2600. And China will need only 7 years to double it from the present level or $8400. And India is following, too, though not as quick as China, but much quicker than the developed countries.

… GDP per person in both China and India could double from 2011 levels by the end of this decade. People in the developed economies will have to wait another quarter century to see their incomes double.

Source: GDP per person: Double your income! | The Economist.

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Tracking Diasporas

MORE Chinese people live outside mainland China than French people live in France, with some to be found in almost every country. Some 22m ethnic Indians are scattered across every continent.

The diaspora is the word which was initially used for ‘dispersed’ Jews from the their homeland in further history. Now it is commonly used for dispersed people of any community either due to geopolitical or personal reasons. No Doubt, Chinese and Indians account for majority of them in present world. This graphic shows how they are distributed all over the world.

To listen to an interview with Rober Guest, an author of “Borderless Economics”, follow the link!

Source: Diasporas: Mapping migration | The Economist.

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Indian PM says India is not a scam-driven country

India‘s academic and soft-spoken leader decided that lofty abandon was no longer a sustainable tactic. Singh, a rare and reluctant speaker, sat for an hour-long grilling by India’sleading television editors, an interrogation carried live nationwide.

Singh’s message was twofold: that the government was “dead serious” about rooting out corruption and that the media, which has relentlessly exposed corruption in his coalition government over the past six months, should stop putting the country down.

Response from the main opposition party:

“Nobody for a moment has suggested that he is guilty of any personal misdemeanor,” said the BJP’s Arun Jaitley. “But his culpability is lack of political leadership, lack of assertion and lack of courage to stop corruption when it was taking place.”

I liked the response. Indian democracy has always been dynamic, but it’s matured, too.

Source: Singh says hes no lame duck, and India is not a scam-driven country.

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Indian economy to run past US by 2050

Extract from IBT article :Indian economy to run past US by 2050; China will do so in 2018 – International Business Times.

“In many ways the renewed dominance by 2050 of China and India, with their much larger populations, is a return to the historical norm prior to the Industrial Revolution of the late 18th and 19th centuries that caused a shift in global economic power from Asia to Western Europe and the US – this temporary shift in power is now going into reverse,” said John Hawksworth, chief economist at PwC, said.

Now the World Economic Forum 2011 is going on in Davos, this news look more relevant. In terms of PPP (Purchasing Power Parity), these economies are going to overtake many western economies way too early. This can happen, only if the economic growth in these developing countries stay as it is and I’m very optimistic about it.

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Letter from my old blog:
Please don’t hurt the majority!

There may be many reasons which causes communal violence, mostly due to political interest, but sometimes politicians itself are influenced by another root-reason or sometimes they use at least this reason to cause such violence. This root-reason is imbalance of treatment to majority and minority. This division can be of any sort, based on religion, classes, ideologies, etc. Here one can introduce another division, take notice, which is no way a social division, but it is of being conservative and liberal. Well, they can be found in majority as well as in minority. Continue reading…

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Letter from my old blog:
India-China past and future

For more than 2000 years, two of the world’s ancient cultures shared their ideas, science, knowledge and expertise, providing new dimension for human social development. But it is the very recent history of few decades which shows complete different picture. Both nations, regarded one as largest democracy and one as largest communist nation, have seen each other with skepticism thru’ gunpoint. Democracy (the modern one) and communism, both are western ideologies, which still divides Asia geopolitically. Without taking a side of particular nation – more precisely particular ideology – I’d like to present some articles I’ve found on Internet, which summarizes the conflict between India and China, a more product of misunderstanding and mistaken indian policies than true clash between ideologies. Continue reading…

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Arm sales

Arm sales is one such kind of business, where, irrespective what american-styled free market believes, strong government support and intervention is needed. Perhaps it is the most corrupt form of trade which keeps domestic government as well as international agencies blind. Very few arm sales are transparent enough. Maybe it is due to various reasons: open arm sales sometimes create aggresive anti-sales sentiment in the seller country (like Germany) or the seller country has geopolitical wasted interest in the region of buyers or defence state executives have their own wasted interest in promoting their associated arm developing MNCs. It is not a surprise that arm sales is very profitable business, even in recession. The following infographic gives you how it has changed since 2001.

Global arm sales via good.is

Prosperity also increases the defence spending, but not necessarily (see Syria, Venezuela, Pakistan, etc.). For fast-growing countries it makes sense to modernize its weaponary or get involved into intense global affairs as a formidable military power. For example, India is the second largest buyer of arms in last 8 years. India used to depend mostly on arm sales from Russia, but it has diversified the arm buying portfolio last couple of years, mostly after nuclear deal with USA. And one sees even in this bad economic times, the country, in particular like USA, has managed to increase its arm sales to new profits. Although China is the fourth largest buyer of the arms, it is also one of the top arm sellers. At the moment, China’s share is pretty small, but definitely it is going to increase in next couple of decades. But for the moment, USA is the sole largest seller of the arms with share more than 60%. It seems really scary looking at realpolitik disasters of its foreign policy. As long as these arm sales doesn’t include nuclear weapons, one should not worry about the end of the world.

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World Recession Map

At Moody’s website, popularly called Economy.com, the global recession is stated in a detailed interactive map. More than a year has passed from the economic shock of 2008, and most part of the world seems to be recovering. As usual, Asia-Pacific block should not fear about the recovery and it is expanding, perhaps the expansion is not as quick as during those glory days. But clearly it can be seen how the international map of economy has changed ever since.

Global recession status

Honestly I’m not very much impressed by the quality of the plot. It gives you information just qualitatively, not with acutal data. I guess the main aim of this map was to give overall picture of the health of world economy. And at the moment, it doesn’t seem that bad.

source: Global Recession Map

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Present defence Budget of India

For the past two decades, the military expenditure of India has hovered around 2.75 per cent, but since India has been experiencing significantly higher rates of economic growth over the last decade compared to any other time in its history, the overall resources that it has been able to allocate to its defence needs has grown significantly.

The armed forces for long have been asking for an allocation of 3 per cent of the nation’s GDP to defence. This has received a broad political support in recent years.

Is that enough comparing the defence expenditure of other countries? India is 12th largest economy in the world and petty less than 3% GDP accounts in real term to nothing for defending sovereignty of such a large country, geography as well as population-wise.

Continue reading…

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