HomeContact Site map   Google    www    iipm think tank
   
   
  Home > Under Cover > International > Emperor Enslaved   
   
     
   Case Studies  
       
  Marketing    
  Human Resource    
  Information Technology    
  Finance    
  Strategy    
       
 
     
   Industries  
       
  Steel    
  Glass    
  Banking    
  Prophylactic    
  Auto    
  Hospitality    
  Energy    
       
 
     
   Other links  
       
  IIPM    
  Planman Consulting    
  Planman Marcom    
  Planman Technologies    
  Daily Indian Media    
  Planman Financial    
  4P's Business and Marketing    
  Business and Economy    
  The Daily Indian    
  The Sunday Indian    
  Arindam Chaudhuri    
  GIDF    
       
 
  
         
International
  
F I R S T   W O R L D : B R I T A I N

EMPEROR ENSLAVED
Former British colonies are overshadowing Britain

   Call it the historical vindication of Newton’s third law of motion as Ireland and India are showing that actions of history too have an equal and opposite reaction. These former colonies of erstwhile British Empire today are paying it back, albeit economically. While India is twice the size of UK’s economy ($3.6 trillion against UK’s $1.8 trillion in terms of Purchasing Power Parity (PPP)), Indians are making it a habit to buy big ticket British companies (be it Tetley or Corus), while other British companies (which thankfully have not yet been bought, including British Airways, British Telecom and HSBC) are outsourcing work to India to save costs and remain alive. Ireland, on the other hand, has surged ahead of its erstwhile coloniser in terms of per capita income (PPP), which stands at $33,170 against UK’s $31,460 and is now a major hub for software development. While both the countries are surging ahead, UK is happy playing the role of a toy poodle of the US. Today, its importance is lesser than many sub-Saharan African countries; even they have a bigger say. Now UK’s existence depends on saying aye to American dictums, be it Iraq or North Korea. Well, what a downfall of the Emperor!!!


Pathikrit Payne


  
 
 
       
Home | Scrutiny | Publications | About us | Contact us
Copyright @2010 iipm think tank. All rights reserved.