![]() In 1944, during World War II, the term was first applied to the United States, the United Kingdom, and the Soviet Union. While a great power state is capable of exerting its influence globally, superpowers are states so influential that no significant action can be taken by the global community without first considering the positions of the superpowers on the issue. Traditionally, superpowers are preeminent among the great powers. This is done through the combined means of economic, military, technological, political, and cultural strength as well as diplomatic and soft power influence. Superpower describes a state or supranational union that holds a dominant position characterized by the ability to exert influence or project power on a global scale. For other uses, see Superpower (disambiguation). For the fictional superhuman abilities, see Superpower (ability). And so, they were talking about measuring India’s relationships with countries such as Indonesia or Vietnam as well and the report also mentions that the lack of foreign trade agreements, both local and international, is somehow influencing this particular parameter as well,” she explained.This article is about the geographic and political term. “I think the other point that’s important to make about India’s economic relationships is that its influence tends to be quite concentrated in South Asia, which is, of course, to be expected that India’s influence would primarily be in neighbouring countries such as Sri Lanka, Nepal, Bangladesh, but the power index is much broader. I guess, added to that is the fact that India is also not a part of the major regional trade groups like the Regional Comprehensive Economic Partnership (RCEP) or the Trans-Pacific Partnership (TPP), which we include in the index under our economic diplomacy category.” So that has an impact on its economic relationships with the rest of Asia. India is not as integrated into supply chains with the countries of East Asia as other economies that we include in the index are,” she said.Įlaborating on how India’s economy differs, Patton added, “India’s focus tends to be more on internal demand rather than export-led growth. “I think it is just the structure of India’s economy. ![]() ![]() Patton explained about why India tends to have weaker economic relationships in the region. China, on the other hand, scored a 98.3 in the economic influence category. It scored 65.8 in diplomatic influence, but despite that, its score in economic relationships was just 15.4 out of 100. India scores pretty well in diplomatic influence, but this is not converting into economic gains. The Asia Power Index is based on eight broad parameters spanning around 133 indicators. Why India scores low on economic influence Currency crisis adding pressure on dollar reserves ![]() India maintained its fourth rank in the 2023 report, with an overall score of just 36.3 (which is also moving downwards) - nearly half of 70, the score needed to be a superpower in the index out of a maximum 100.Īlso Read: Pakistan in no shape to fix its economy. Given that the gap is so great, it’s hard to imagine that that would happen anytime soon,” she added. “On its current trajectory, we would not really expect India necessarily to ever establish itself as a superpower. Patton said that given its current pace, India’s journey to become a superpower in the region may not happen anytime soon.
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