senheiser
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loll great understanding of economics you got there. The reason is that japan is fully developed economy and india russia and china re still developing.
kk lemme expain it to u. Japan's current per capita is over 40000, which is at par with the west. but russia, india and china are way behind. By that logic Japan should be a superpower. But they are not. Japans current population is shrinking and their economy is contracting at the rate of -0.2%.
If 25 yrs from now lets say india, china are fully developed and have same per capita as japan, then their economy has to be 10 times the economy of japan and 5 times the usa. This will give them much much more money to spend on defence and superpower ambitions. The more people you have the more money you can generate and more u can waste on being a super power.
This is the reason why Iran wants its people to produce more kids. so that they can avoid population collapse.
Iran encourages population growth - JPost - International
At the end of the day, it is technology and the country with most young people that will rule the world. Aging countries like japan and russia have no chance of achieving superpower glory.
Russia is on the brick to get living standards like in japan in the near future
gdp per capita, in ppp
japan 45000 34000
Russia 13000 21000
China 5400 8400
India 1400 3600
List of countries by GDP (nominal) per capita - Wikipedia, the free encyclopedia
List of countries by GDP (PPP) per capita - Wikipedia, the free encyclopedia
Who cares about superpower status, Russia will be biggest economy in Europe its enough to have its house in order, What matters if youre bigger economy but your people live in poverty like in china and india is now. Russia should concentrate to be as productive and wealthy as it can.