Updated By: LatestGKGS Desk
India was ranked fourth out of 25 nations in Asia-Pacific region in the first-ever published Asia Power Index released by Australian think tank Lowy Institute.
According to the Asia Power Index, 3 of the world’s 4 largest economies are in Asia and United States is Pacific power. By 2030, two-thirds of world’s population will live in Asia, compared to just over a tenth in the West.
As per the API report, the United States remained to be pre-eminent power in Asia, while China, an emerging superpower is rapidly closing in on the US.
According to the API report, it ranked Russia, South Korea, Australia, Singapore, Malaysia, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, Pakistan, Philippines and North Korea as middle powers, while Bangladesh, Myanmar, Brunei, Cambodia, Sri Lanka, Mongolia, Laos and Nepal as “minor powers.
Asia Power index also stated that Japan and India are countries sharing major power status. It marked Japan as smart power and called India giant of future.
India was ranked fourth on parameters of economic resources, military capability and diplomatic influence. It was ranked fifth on resilience. However, on the parameters of cultural influence and future trends, India scored well by ranking third in both.
India also scored low on a measure of economic relationships and defence networks, ranking seventh and seventh respectively.
Asia Power Index measures the overall power of countries and territories in Asia-Pacific region. A country’s overall power is its weighted average across eight measures of power economic resources, military capability, diplomatic influence, economic relationships, resilience, future trends, defense networks and cultural influence.
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