Indian Military News, Reports, Data, etc.
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Posting anti-Indian posts and posts about individuals the Indians consider terrorists on the Indian military thread is flame baiting and will not be tolerated.
Take any political and such support elsewhere off of SD.
Consider this a warning. any more will lead to suspension and then banning.
DO NOT RESPOND TO THIS MODERATION
Lethe
Captain
In relation to recent discussions, latest (Feb 2017) GDP projections from PwC:
Note that India is projected to surpass Japan as the world's third-largest economy a mere decade from now. Given India's current and historical levels of military spending, continued economic growth will allow India to emerge as the world's third largest military spender in the same timeframe.
The projections for 2050 are clearly entering 'superpower' territory, both in their resemblance to acknowledged superpowers, and their lack of resemblance to the figures for all non-superpower nations.
Note that India is projected to surpass Japan as the world's third-largest economy a mere decade from now. Given India's current and historical levels of military spending, continued economic growth will allow India to emerge as the world's third largest military spender in the same timeframe.
The projections for 2050 are clearly entering 'superpower' territory, both in their resemblance to acknowledged superpowers, and their lack of resemblance to the figures for all non-superpower nations.
Jura The idiot
General
I'm waiting for my wife to come back from the dental hygienist so I quickly used google to find 2016 data and if I didn't mistype (feel free to tell me within next ten minutes if some entry is erratic):In relation to recent discussions, latest (Feb 2017) GDP projections from PwC:
...
(C as in China, I ... India etc.)
these:
would be the "buildups"
looks fishy to me
Verum
Junior Member
India is growing quickly but there are still many major hurdles it has to overcome before its economy will truly take off. It needs to invest much much much more in basic infrastructure, including roads and schools. It lacks a robust education system. Another major thing is the ineffecacy of its central government and also the lack of an unified taxation system.
Even if they fixed all that and the economy took off, there's still the second part of the catch-up effect, which anyone took Economy 101 will know, that is the last part of the catch up is very very hard. Even to this day, Japan hasn't caught up to US's per capita wealth and US hasn't caught up to Western Europe's standard of living. It's easy to catch up in early phases, like US in late 19th century, Japan in 80s and China in 90s, but eventually you hit a wall.
Almost all economy graphs of developing countries are going straight up, even though most of the authors have PhD's. The true graphs should always be plateaus, inching ever closer to developed countries, but almost always never fully surpass. Of course there are exceptions, but those are always small countries with small populations.
Even if they fixed all that and the economy took off, there's still the second part of the catch-up effect, which anyone took Economy 101 will know, that is the last part of the catch up is very very hard. Even to this day, Japan hasn't caught up to US's per capita wealth and US hasn't caught up to Western Europe's standard of living. It's easy to catch up in early phases, like US in late 19th century, Japan in 80s and China in 90s, but eventually you hit a wall.
Almost all economy graphs of developing countries are going straight up, even though most of the authors have PhD's. The true graphs should always be plateaus, inching ever closer to developed countries, but almost always never fully surpass. Of course there are exceptions, but those are always small countries with small populations.
Jura The idiot
General
noticed those two interesting moments:
- China+India "replacing" US+EU
and
- the biggest "jumpers":
The World in 2050
Lethe
Captain
Yeah, there's lots of cool stuff coming up over the next decade for those of us who like to watch the ongoing evolution of human society.
Before 2025 India will overtake China as the world's most populous nation, and overtake Germany as the world's fourth largest economy (overtake of FR/UK in the next 12-24 months).
China of course will surpass the United States as the world's largest economy around the same time, and Indonesia will surpass Australia's GDP around 2025.
Also before 2025, Pakistan will overtake Brazil as the world's fifth most populous country, and then will itself be overtaken by Nigeria almost immediately. 2022 is the key year according to UN World Population Prospects, with all three countries having 215m people.
Before 2025 India will overtake China as the world's most populous nation, and overtake Germany as the world's fourth largest economy (overtake of FR/UK in the next 12-24 months).
China of course will surpass the United States as the world's largest economy around the same time, and Indonesia will surpass Australia's GDP around 2025.
Also before 2025, Pakistan will overtake Brazil as the world's fifth most populous country, and then will itself be overtaken by Nigeria almost immediately. 2022 is the key year according to UN World Population Prospects, with all three countries having 215m people.
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IMO NEVER ! No Western company will ever obey to these IMO strange contracts and especially to take over responsibility for a licence manufactured aircraft build in India while even more not having any control of the manufacturing process in India.
Dassault was wise enough to quit and I'm sure the US-companies and Saab will surely do the same ... unless the Indian side will not relax this part in the contracts.
