Science

Changes in world order and economy caused by surpassing China by India in population
Science
.jpg)
2023/11/12

Share
Yuju Jang
Recently, India overtook China as the world’s most populous country. India’s population has been showing an upward trend for quite a long time, while China’s population has shown a downward trajectory for a few decades. As India's population grows, factors such as investing in health, education for new children, and the well-being of older people have become essential. This affects the money that flows inside the country, changing the sources money will be used in. Most importantly, the Indian population will bring several changes to world order and the economy.
In the field of world trade systems, as India surpassed China due to increased population, it could lead India to become a center of international trade negotiations and meetings, affecting the global trading system. With this increased economic power, the Indian economy will be much more robust and significant, especially for the consumer market. This enlarged consumer market would appeal to numerous companies worldwide, who are seeking chances to grow themselves in India’s large economic markets. This influx of foreign corporations could make the Indian economy stronger and lead it to play an even more significant role in global economic policies and international organizations.
Also, when investors look for opportunities in many countries, they tend to consider market size as important. Therefore, India’s immense population and growing industries would attract many investors from all around the world and influence global capital flows. So, the global capital flows would lead to India rather than China. This would strengthen India and attract multinational corporations, not only in economics but also in other fields. Surpassing China would lead many more countries and global businesses to expand or start their operations in India as they want to make space for new appealing sites.
Hence, the change in population ranking from China to India would affect the world economy by reshaping global economics, trading systems, and more. This is just an assumption of what changes could be made, but it can certainly become true by shaping global economies.
1
Robinson Review Favorites
Songi Chai, Yubin Cho, Seohyun Jang..
Trending on Robinson Review
Contact Us