India-South Africa India-South Africa 2019 | Page 32

SPECIAL REPORT India and South Africa Co-operation for Strategic Partnership Prof Neeta Baporikar* T hroughout the twentieth century, the list of the world’s great powers was predictably short. The twenty-first century will be diff erent. China and India are emerging as economic and political heavyweights: China holds over a trillion dollars in hard currency reserves and India’s high-tech sector is growing by leaps and bounds. They are also recognised nuclear powers and developing blue-water navies. Such growth is opening the way for a multi- polar era in world politics. In an attempt to ensure that emerging countries buy into the core tenets of the created world order, there was an attempt to bolster their profi les in forums ranging from IMF to the WHO, on issues as diverse as nuclear proliferation, monetary relations, and the environment. These eff orts focused more on low politics 32 • India-South Africa • 2019 than on global issues. Today, the global distribution of power is very different. According to an estimate by Goldman Sachs and Deutsche Bank the annual growth in combined national income from BRICS countries will be twice that of the G-7 countries by 2025 Legacy Perspective Historically, the similarities between India and South Africa are rooted in their common experience, with colonialism or imperialism and the social and economic inequalities that came with it and accentuated over time. They also share the status of emerging powers given their growing economic importance and the central role played by their diplomacies in multilateral negotiations. India and South Africa have been traditionally on the margins