On Purchasing Power Parity, Islamic World stands around $14 trillion+ ...and that is when we are performing at our "worst"....
Do you realize how big of a market this is?
PS, Islamic bloc (or Arab bloc whatever) dominates THE most precious/valuable commodity sector of the planet: The oil and gas sector
Powers of the "Islamic World" were the global superpowers of the world from 7th to as recent as mid 17th/18th century. Geographic presence of Muslims are on some of the most strategic/critical locations of the global supply chain (Thanks to the history of remaining dominating powers of humanity for like a 1000+ years...almost all the "critical points" of (old) world were conquered by Islamic Powers..)
A country like Australia, Israel, or even smaller European nations can't stand a chance against a united Islamic front...
But then again, as I said, Muslims are going through their *worst* at this point...totally fallen off from their position of global leadership...So even with all the "tools" available, we can't do much..................................as of now.
International purchasing power isn't dictated by PPP numbers.
The Arab bloc do control much of the oil and gas in the world. Agreed. But the influence wielded by such is most likely decreasing and most certainly NOT increasing, as was my point.
There has been only one global superpower in human history and that is the USA. The Ottomans are the closest that there was to a Islamic superpower.
Honestly, I'm not sure what you're trying to prove? The economic power of the semi-existent 'Islamic Bloc' is decreasing. I couldn't care less what happened 13573285 years ago. Israel still exists and is going strong, much to most of the Islamic world's chagrin.
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kbd-raaf l Qatar's per capita income is almost twice the size of Australian per capita income.that too tax free. There are 3 Muslim countries in G-20, 7 out of 11 Next Eleven economies are Muslim countries, 15 out of current top 50 economies are Muslim countries. Greater economic integration in the Muslim world is underway with D-8, GCC, ECO like organization, so your argument is invalid.
The N-11 is a joke. 3/20 is 15%. 15/50 is 30%.
Beyond that, the fact remains that the power is
not growing. In fact with the growth in renewables, crashing costs in the solar sector, oil producing Arab nations could be said to have decreasing influence. Which is a point that both of you seem to have completely missed.
Western Australia has a higher per capita GDP than Qatar without the abundant oil resources.
Even if all that weren't true, being Muslim certainly isn't an uniting factor. In fact most Muslim countries have more problems with each other than anyone else.
And the fact remains that the world has changed since the 7th Century. There was a time when the scientific method was celebrated in the Islamic world (quite unlike Europe at the time). It is no longer the case and in fact becoming less and less prevalent in Islamic countries. Observe realities pls.
Has Abbot pissed us Indians off yet?
He'll be a fan of Modi. He's visiting India later this year if I remember correctly.
