28th July 2019
Musings....... The post Cold War period in the history of the world is characterised by the emergence of a different kind of war among nations. You can call it the Cold War or the competition among nations for economic development. So from a bipolar world which prevailed during the Cold War period we saw a transformation into a unipolar world with USA emerging as the sole world power with dictatorial power over world trade policies and economics. The emergence of yesteryear third world countries like China and India has “toppled the Applecart” so to say. In the beginning of the 21st century what we are seeing is the transformation from a unipolar world into a multipolar one where multiple power centres are emerging. People’s Republic of China which was built on the lines of a successful model of Communism and socialism has emerged into a world power which recons respect. With the influence of Chinese commerce extending to far flung areas of the gl...