The world continues to experience the aftershock of globalization of trade and collapse of communism as forecasted in Tectonic Shift (Sheth and Sisodia, 2004). It will resettle with the rise of a new Triad Power (China, India and America) replacing the old trial power (Japan, Europe and America). It is the emergence of the new trilateral relationship with respect to trade, monetary policy, fiscal policy, as well as geopolitical and military alignment which will shape the future of global economy and politics. In essence, the formation of India, China and America (ICA) Institute and all of its publications and conferences will become mainstream in the coming decade. Whether the trilateral relationship emerges as harmonious or acrimonious will decide the growth of global economy, delinking old alliances and emergence of new alliances even among strange bedfellows.
Sheth, Jagdish N.
Journal of Emerging Knowledge on Emerging Markets:
Vol. 2, Article 1.
Available at: http://digitalcommons.kennesaw.edu/jekem/vol2/iss1/1