India qualified for inclusion in playing XI
In past one century, the global community has done many
experiments to find a suitable global order. The year 2017 marked 100yrs of two
very important global events.
In 1917, Russian revolution successfully dismantled the Tsarist
autocracy and laid the foundation of USSR. In the following decades, many
smaller independent European states would become subservient to a mighty
Russian socialist army, and together become one pole in the emerging bi-polar
world, forever shrouded by the specter of cold war.
In the same year, USA decided to join the War as an associate of
the Allies - a development that tilted the scale in favor of the Allies,
bringing the War to an end in 1918. In the following decades, USA would evolve
into a formidable military and economic power that would lead the democratic
allies to become the second pole in the emerging bi-polar world.
The imperialist global order that existed since preceding couple
of centuries, began to dismantle. Many colonies of European empires would get
freedom. The British Empire that was built in three centuries and covered
almost one fourth of the world population and area before the War, would get
completely dismantle in the following three decades.
It took three decades for the new order to consolidate. The new
order was characterized by UN, NATO, WARSAW, Mao, Israel, NAM, Bretton Woods,
World Bank, Cold War, energy cartel (OPEC), et. al. The globalization that was
a norm prior to the first War was completely overpowered by the forces of
nationalism and protectionism.
The new order lasted till the German Wall fell and USSR
disintegrated. This unleashed a new wave of globalization. Global Trade (WTO),
Internet, dematerialization of assets, Europe integration into a single market,
China's entry into mainstream global trade (through WTO), free flow of capital,
G-20, BRICS, numerous FTAs, global war on Islamic fundamentalism, energy
security, climate control and global financial crisis, dominated this phase.
The events that have taken place in past one decade indicate
that the extant global order may be crumbling under pressure, as the forces of
nationalism and protectionism are rearing their head again.
There are two prominent debates that are currently going on. The
first debate seeks to challenge the very premise - "whether the current
state of globalization is reversible at all?" The second debate accepts
the inevitability of the de-globalization, and is therefore focusing on the
shape of the new order that would be emerging in next couple o decade. Two
economic super powers China and USA are leading the forces of the change.
On previous occasion, when India was mostly a colonial or
controlled & closed economy, we just played second fiddle to super powers
and suffered some collateral damage from the major changes in the world. In
fact one can reasonably argue that two great wars weakened the British Empire
considerably, precipitating the independence of India, along with many other
countries.
This time however our exposure to the global economy and geo-politics
is much wider and deeper; and so would be the impact of any material change in
the global order. It is critical that India demonstrates its competence and
willingness to play a prominent role in the global affairs, economic, strategic
as well as geo-political, to be accepted as a main player in the game. I see
the recent events in relation to the state of Jammu & Kashmir in this
light.
In my view India has played very well and qualified for
inclusion in final playing XI as an all-rounder, i.e., an economic, strategic
and geo-political major.
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