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.

Related articles

• OECD Countries With The Widest Gap Between Rich And Poor (huffingtonpost.com)
• India: a BRIC between China and US (bbc.co.uk)
• China Raises Poverty Line, Boosting Official Poor (abcnews.go.com)
• Economic Indicators : Debt/GDP Ratio (niravisms.wordpress.com)

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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.

Related articles

• Where are the world’s biggest Chinese and Indian immigrant communities? (capitalisthistory.wordpress.com)
• Robert Guest: How Migration Makes the World Brainier (huffingtonpost.co.uk)

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US Trade reality from last two decades

US Trade with its partners over two decades

USA is still the largest trading partner of many countries and the largest market for any kind of goods. This infographic shows how the trade has changed over last two decades with its trade partners.

It’s interesting to see how big jumps China made in terms of ranking as well as volumes. The imports from China to USA made big changes in shear numbers as soon as China entered WTO. Whatever were the talks about China, before it entering the organization, honestly, China has benefited a lot from it.

Other very visible characteristic is how this trade trend for Taiwan is exactly opposite to what China has experienced. In my opinion, Taiwan has lost a big ground in trade with USA. If it continues like this, Taiwan may lose an importance even as a political ally in sensitive South China Sea. It should also be noted that China is having similar dilema when it comes to North and South Korea conflict, where South Korea is much bigger trade partner to China than the North one.

India is not a grand partner in trade with USA compared to others. This nation is nowhere to see in US exports, whereas it seems to have gained ground in IT exports due to Y2K problem. But it is still well minuscule. Based on internal political system, multi-ethnic democracy, common interests, this may change soon and all the mistakes from the past done by foreign policy of either countries can be undone in decades ahead. Recent exclusive nuclear deal and large military orders shall increase the share of US exports to India. Removed restrictions and tarifs for indian products, which were imposed amid indian nuclear test decades ago, can well help indian exports to USA.

Whatever other argues, but USA definitely thinks of India as a reasonable and eligible counterweight to China. If this century is going to be an Asian century, then we have very interesting times ahead.

Source of infographic: Where and What Is U.S. Trading

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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:
Clash of civilization (or ignorance of other
civilization?)!

Depending where or in which family someone is born, he is definitely proud of its culture, and of course, civilization related to that culture. Of course, why shouldn’t anyone be? And anything happens which promotes goodness of this culture makes him walk a inch higher over the ground. If looked closely, it is true in such places where nationalism or patriotism hailed high. Where it could be found? In those places where people are struggling to appear in international arena, where that country or community is trying to be more powerful, or where people have longer history than other presently high profile countries. This explains some way present development of nationalism in USA, China and India, among more influential. Continue reading…

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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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