The Rise of India: Surpassing Japan in the Asia Power Index
India’s rise as a global power has reached a significant milestone as it surpasses Japan to secure the third position in the prestigious Asia Power Index, marking a pivotal moment in its ascent on the world stage. This development highlights a shift in the power dynamics within the Asia-Pacific region, reflecting India’s growing economic strength, diplomatic prowess, and strategic influence in the Indo-Pacific. The Rise of India: Losers and Gainers The Asia Power Index, an annual evaluation initiated by the Lowy Institute in 2018, has established itself as the benchmark for assessing power dynamics in the Asia-Pacific. The index analyzes 27 countries across eight thematic metrics, utilizing 131 distinct indicators. These indicators are categorized into two groups: resource-based determinants and influence-based determinants. Measuring National Power: The Multifaceted Approach Resource-Based Determinants: Economic Capability : Assesses core economic strength, including c...