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World economy shifted from West to East

It is reported that a senior public policy adviser has predicted that India and China are going to propel the economic growth of the world in the 21st century.

Mr Atma Singh senior public policy adviser said that releasing his book 'An Asian Century Manifesto Global Political Economy of the 21st Century,' at the Nehru Centre in London said that "world economy has shifted from the West to East in the 500 years and India along with China is going to propel the economic growth in the world in the 21st century." He said that India has the potential to be a bridge between east and west Asia in order to unite Asia.

Mr Singh said that this is a strategic role for India both at the level of trade, culture, philosophy and politics and the country must be enabled to play this specific global role.

He said that equally, India can lead the battle for democracy across Asia through a process of renewing its own democracy by getting rid of corruption and reasserting meritocracy and technocracy in its system, adding China is a de facto leader of Asia with its economic and military might.

He added that although, it has a political weakness with a lack of democracy in the system, which is a constraint in a knowledge and creative industries based global economy with 'democratic choice' in the lifestyles of people.

Mr Singh who was senior most Policy Adviser to the Mayor of London on Asian Affairs from June 2001 to July 2007 also announced that he would contest for the post of the Mayor of London in 2012.

Dec 10, 2008 15:04
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