China’s One-Road-One Belt Initiative: A New Model of Global Governance (Mukul Sanwal, IDSA)

South Asia is the least integrated region in the world, and that is not in line with global trends. This is a major reason constraining India’s economic potential and its re-emergence as a global power. With China now a USD 10 trillion economy, compared to India’s economy of USD two trillion, India is at a defining movement on how the Asian Century will be shaped. The strategic question is whether Asia will have two poles, as it has had throughout history, or will India remain at Asia’s periphery as a regional power? Does connectivity, rather than institutions and rules, now enable integration and economic growth? The related question is whether economic development is the best way of reducing the role of the military in polity.

http://www.idsa.in/idsacomments/china-one-road-one-belt-initiative_msanwal_290916