Washington, Feb 10: A high-ranking US intelligence think tank has predicted India to be the fastest growing global economy in next five years.
It also said that Pakistan would be far behind in matching Indian speed and might seek ‘other methods’ to maintain even a ‘semblance of balance’.
This is the finding of the ‘Global Trends’ report of the National Intelligence Council (NIC), which is the centre of mid-term and long-term strategic thinking within the American Intelligence Community.
“India will be the world’s fastest growing economy during the next five years as China’s economy cools and growth elsewhere sputters, but internal tensions over inequality and religion will complicate its expansion,” the report said.
The NIC report further said that Pakistan will seek to maintain a diverse set of foreign partners, from which it can draw economic and security assistance, and to develop a credible nuclear deterrent by expanding its nuclear arsenal and delivery means, including ‘battlefield’ nuclear weapons and sea-based options.
“In its efforts to curtail militancy, Islamabad will also face multiple internal security threats, as well as a gradual degradation of equipment used in these operations, declining financial resources, and a debate over changes needed to reduce the space for extremism,” it said.
The NIC said India’s growing economic power and profile in the region will further complicate calculations, as New Delhi navigates relations with Beijing, Moscow, and Washington to protect its own expanding interests. New Delhi, however, will continue to offer smaller South Asian countries a stake in India’s economic growth through development assistance and increased connectivity to India’s economy, contributing to India's broader effort to assert its role as the predominant regional power, it added.