Friday, November 21, 2008

For world 'piece'!

IIPM Ranked No1 B-School in India

Can more than one Superpower work together for a better world?


Since the last week of August, Russia has been consistently visible across the news spectrum, especially amongst the western media, facing brickbats from various critics and analysts. Russia’s decision to recognise the independence of Abkhazia and South Ossetia has not only annoyed many developed countries but has also raised the age old latent question: Is cold war over?/ Does this mark the revival of Russia?/ Is Russia indirectly challenging the super power(s)?

The in-depth analysis of the latest 'Russian Doctrine' makes it evident that she is preparing both mentally and militarily to face her obvious enemy. Russia knows very well that she needs to work on her core strengths (world’s leading oil and gas supplier) that shall not last till eternity and may exhaust very soon. The nation is also facing a problem due to a decrease in population, a majority of which are migrants and not Russians. Presently, only 70 per cent of Russians constitute the country's military. To make matters worse, it is estimated that this percentage will be reduced to 60 in the near future.

Recently, the US Secretary of State Condoleezza Rice warned Russia and said, "In contrast to Georgia's position, Russia's international standing is worse now than at any time since 1991… and the cost of this self-inflicted isolation has been steep." Moreover, Putin was also found stating that the scramble of USSR was the greatest disaster of the 20th century, but now Moscow is in a position to undo the damage.

This friction got heated up after Russia deployed its strategic bomber over the Caribbean and participated in joint naval exercises with Venezuela. The tasks took place immediately after the US aid delivery reached Georgia, post war. Venezuelan President Hugo Chavez stated (September 11, 2008) that these moves point towards "a multi-polar world". He said, "The Yankee hegemony is finished." Since the activities are happening in US-influenced regions, the next wave of cold war might spread to the Middle East. This hypothesis is evident from Syrian President Bashar Assad's statement (with reference to US-Russian confrontation) that appeared in Middle East Times on October 13, 2008, “Flames from one part of the world spreads to other regions and the fire becomes twice as strong.” It requires no rocket science to comprehend that Middle East would never want to get crushed between Russia and the US.

Leaving all this geo-politics at bay, it’s beyond doubt that world powers (and emerging powers) have wasted a lot of time in keeping the war hot. These powers could have easily solved many global conflicts to an extent, if not entirely.


Sray Agarwal


For more articles, Click on IIPM Article.
Source :
IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and
Arindam Chaudhuri (Renowned Management Guru and Economist).


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