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Home Foreign Affairs

Asia Power index, 2021

December 14, 2021
in Foreign Affairs
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In news– Sydney-based Lowy Institute has released Asia Power index, 2021 recently.

About the index-

  • It is an index that measures resources and influence to rank the relative power of states in the Indo-Pacific, published by the Lowy Institute annually from 2018. 
  • The Index ranks 26 countries and territories.
  • The index evaluates international power in Asia through 128 indicators across the following eight thematic measures:
  • Resources: 
    1. Economic capability (17.5%)
    2. Military capability (17.5%)
    3. Resilience (10%)
    4. Future resources (10%)
  • Influence:
    1. Economic relationships (15%)
    2. Defense networks (10%)
    3. Diplomatic influence (10%)
    4. Cultural influence (10%)
  • As per the index the Covid pandemic has driven down the power of Asian giants like China and India in the Indo-Pacific region and has weakened their capacity to shape the external environment.
  • It said that the US managed to expand its power through better diplomacy and retained its position as the most influential nation in the region.
  • India is the fourth most powerful country in the region after the US, Japan and China.
  • It said that India saw a loss of ranking in critical parameters like diplomatic influence and economic relationships in the last one year.
  • India also lagged in economic diplomacy, dropping one place to finish eighth behind Thailand in the economic relationships measure.
  • Japan and India, the two with the most potential to contribute to a regional multipolar order, lost more ground in 2021 than China.
  • Overall, the USA topped six of the Index’s eight measures in 2021, up from four last year.
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Source: Times of India
Tags: News PaperPrelims

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