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They can sabotage whether or not say India and China achieve technological parity or prevent them from achieving technological lead in some areas.Even if we accept the projections, that's a far cry from regaining historical share of global GDP.
And that's before we even contemplate other plays (legitimate and illegitimate) that the leaders have at their disposal to sabotage the up and comers and/or to maintain their lead. .
What they cannot sabotage is India and China becoming two of the three biggest economies of the globe. There is no way around the fact that the Euro world is slowing down in its average growth and US cannot prevent China and India from speeding up till a certain extent. Beyond that they have no control. For example, US would have loved to stop China's growth at $5000 per capita so that while China became an important economy, it does not become an economic challenger to US. They failed, China pushed through the barriers US tried to impose.
Similarly, while we are languishing at $1500 per capita, our growth is all set to revive back to 6 percent this coming year and 7% after that. Free trade and market mean that while the leaders may try to shackle us, we too have influence to force them to come to our terms.
And I can give examples to substantiate - look at how India blocked the world trade conference because we were not getting what we wanted or how India and China shackled the climate change conferences because the developed world was trying to put limits on our growth.