Global shifts are born of great turmoil. The six-year span of World War II rearranged the geopolitical landscape to produce the Age of Superpowers. The great conflict between the Soviet bloc and the US and its NATO allies was primarily ideological – Communism versus democracy – but it played out largely militarily, through the nuclear arms race that came to define the Cold War. Only when the Berlin Wall fell in 1989 did the Cold War end and, with it, the bipolar Superpower era. For a time, America reigned supreme. And as the Soviets collapsed, the Age of Superpowers ended with the 20th Century.
The 21st Century began with the decimation of the World Trade Centre Towers on 9/11; seven years later, on 15/11, Lehman Brothers filed for bankruptcy, triggering another tectonic power shift. Then America began to recover, China levelled off, and India continued to rise – in the new Age of SuperEconomies.
What the Super Powers achieved with missiles and warships, the Super Economies seek to achieve with economic leadership: organising multilateral dialogues, setting the terms of inter-country engagement, and using tough negotiations to establish everything from exchange rates to climate policy. In the Age of the Super Economies, the path to success lies in cooperation, not domination. Read about this fascinating inter-play in Raghav Bahl’s upcoming book, SuperEconomies: America, India, China and the Future of the World.
Raghav Bahl is a journalist, entrepreneur, media baron and one of the most respected business leaders of India. He built a highly diversified media company, Network 18, which has news operations at its core, layered with a rich assortment of entertainment and film properties. Raghav recently exited from Network18 and is focusing on building a new-age digital media company.
Raghav’s first book, Superpower? The Amazing Race Between China’s Hare and India’s Tortoise, was published by Penguin Allen Lane in 2010, and remained on India’s bestseller list for several weeks. It was one of the few Indian books picked up by Portfolio/Penguin for a wider international release in the US, UK and Canada, and was later translated into several other languages.
It received some excellent press – while Fareed Zakaria recommended it on his CNN show GPS, former Indian deputy Prime Minister LK Advani wrote a blog post about it. In connection with its publication, Raghav appeared on Richard Quest’s CNN show Quest Means Business, the BBC’s HARDtalk, CNBC’s Street Signs, The Street.com, Bloomberg radio, The Leonard Lopate Show on New York public radio, Voice of America and ABC Radio. He also delivered speeches or appearances at the Council on Foreign Relations, the London School of Economics, and the University of Chicago’s Booth School of Business.
In SuperEconomies, Raghav Bahl makes a provocative case for how an emerging axis of the major democracies – America’s might combined with India’s potential might – could counteract the rise of China in the coming years. It’s an optimistic vision in a world shadowed by post–crisis gloom, and seems particularly timely at a moment when the leaders of India and the US are cementing a genuine friendship.
–Ruchir Sharma, Head of Emerging Markets at Morgan Stanley and Author, Breakout Nations
This book provides a fresh and insightful take on the world that gave rise to the BRICS acronym, and offers a thought-provoking glimpse of the ways in which it might evolve.
–Jim O’Neill, Former Chairman of Goldman Sachs and Father of the BRICS concept
Raghav Bahl has written a perceptive book about the emerging geopolitics of the globe. He integrates economics and politics into his analysis, which is marked by intelligence, common sense and lucid prose. All in all, a refreshing, optimistic account of the future.
–Fareed Zakaria, CNN anchor and Author, The Post–American World
Raghav Bahl has done it again! SuperEconomies is a great tutorial not only on how material power remains fundamental to dominance in the international system but also on why the United States and India are fated inescapably to remain partners in preserving a liberal international order for the benefits of all nations. Read it, especially if you believe otherwise.
–Ashley Tellis, Senior Associate, Carnegie Endowment for International Peace
A well-researched and analytical account of the future of global power dynamics and the dominant role SuperEconomies are set to play in this evolution.
–Sunil Mittal, CEO, Bharti Enterprises
Penguin Books India is the largest and most respected English-language trade publisher in the subcontinent. Headquartered in New Delhi, the company’s commercial activity includes the publishing of its own books in English, as well as in Hindi, Marathi and Malayalam, and the distribution of books from overseas and local publishers, including the Penguin Group, A&C Black, Bloomsbury, Faber & Faber, Greenwood Publishing, Quercus, Sterling, Hay House and Zubaan.
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Panel Discussion on the book
- Watch: Raghav Bahl, T N Ninan, Aakar Patel and Mihir Sharma discuss the state of the nation and talk about their new books.
- Watch: Raghav Bahl on His Upcoming Book ‘SuperEconomies‘
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