East and South Asia are Emerging to Challenge the West

Rahul_GandhiA generational shift in India, China, and others will soon outspend the West.

by Rajendra Prabhu

The dragon and the elephant are getting a lot of attention in the West. With a predicted combined market of $10 trillion by 2020, the economic clout of China and India cannot be ignored, and those two countries are at the forefront of many in East and South Asia going through a change in leadership that could have significant impact on the politics of the region, bringing it closer to the global pattern. The similarity in the changes and in the agenda of the new leadership are so striking despite the differing political and geographic environment of these countries, one is tempted to draw the conclusion that globalization is far nearer than we give credit to it.

In mid-January, India’s largest political party, the Indian National Congress (INC), anointed 42-year-old Rahul Gandhi, son of the slain Prime Minister Rajiv Gandhi, to be the Vice President of the party. Though not specifically nominated to lead the party when general elections take place in 2014, he is the popular choice within the INC to replace the current Prime Minister, 80-year-old Dr. Manmohan Singh. His opponent in the opposition Bharatiya Janata Party (BJP) has not been specified, but the clamor within the BJP points to the Chief Minister of Gujarat, Narendra Modi, who has …

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