We have more detailed estimates, thanks to Michael Pollack !
-Will read Michael´s link as soon as possible.
50 years ago the secular nationalism was the dominant tendency, despite greater poverty, backwardness etc.
-I would say fundamentalism grew as a consequence of the failure of -secular nationalism to deal with those troubles. It´s not coincidental -that a informal "welfare net" was one of the key features in -fundamentalism rising.
I am not sure PPP values are the appropriate yardstick to measure China's impact on global trade, investment, technological innovation, control over media etc.
-Agree with you, but neither nominal values are. The "real" values probably -are between those extremes.
Yes, but that doesn't mean anything. China and India need about a century of sustained economic development to abolish poverty.
-Maybe you´re being too pessimistic. If China keep 7% annual GDP growth -rates for 20 years (and India for, maybe 30-40 years), they will almost -abolish poverty. But I would say those high growth rates are not -sustainable in the long term, that is the trouble.
Ulhas
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