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The emergence of Bangladesh as a sovereign independent republic and the manner in which it so emerged has radically altered the relative position of the Great Powers in South Asia. The change has been particularly remarkable for the two Super Powers, though the other three Great Powers also have been affected in one way or the other by the developments of 1971.
A military-backed caretaker government supported by the international community assumed power in Bangladesh on January 11, 2007, promising a corruption-free and clean democratic environment to usher in a new era in politics. It has introduced a series of electoral reforms and has taken action against the 'corrupt'. As Bangladesh is poised for parliamentary elections by the end of December, doubts remain about whether politics in Bangladesh will change for the better, however.
Many scholars assume that the European model of Realpolitik will prevail in Asia as the dual rise of China and India reorders regional politics. Others predict that Asia's China-centric tradition of hierarchy will reassert itself. But Indians look as much to 19th century US history as to any European or Asian model. Indeed, successive prime ministers have explicitly cited the Monroe Doctrine to justify intervention in hotspots around the Indian periphery. The Monroe Doctrine, however, underwent several phases during the USA's rise to world power.