Australia based Lowy Institute latest report on Asia Power Index 2021
The index ranks 26 nations in terms of resources and influence in global power. These nations have either a larger influencing capabilities or a resource domination which makes them a rising power among others.
The index of 2021 is based on data of past four years which shows the changing pattern and distribution of power.
Institute categories the report on multidimensional approach to rank nations as per their ownership of resources and influence.
Based on 2 pillars, 8 categories and 131 indicators as mentioned
1. Resources
Economic capabilities to hold long term warfare
Military capabilities at time of need
Resilience
Future resources
2. Influence
Economic relations
Defence network
Diplomatic influence
Cultural influence
Based on the categories and subcategories, 2021 index has ranked following nations
1. United States of America
2. China
3. Japan
4. India
5. Russia
6. Australia
7. South Korea
8. Singapore
9. Indonesia
10. Thailand
11. Malaysia
12. Vietnam
13. Newzealand
14. Taiwan
15. Pakistan
16. Phillipines
17. North Korea
18. Brunei
19. Bangladesh
20. Srilanka
21. Myanmar
22. Cambodia
23. Laos
24. Mongolia
25. Nepal
26. Papa New Guinea
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