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ICS Analysis

India and China in the New Situation

The world today is between orders. The so-called “rule-based liberal international order” — which was neither liberal nor particularly orderly for most of us — is no longer attractive to those who created and managed the order from WWII until the 2008 global economic crisis. At its height, that order brought unprecedented prosperity to a large segment of humanity while simultaneously exacerbating inequality, bringing identity, emotion and demagoguery to the fore in politics, and making possible technological revolutions (in energy, Information technology, digital manufacturing, genetic engineering, artificial intelligence and other fields) which promise to upend our lives, economies and societies in fundamental ways in the near future

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