LOS ANGELES -- What will be the No. 1 geopolitical story in 2006? Don't be surprised if, by this time next year, India is the hot topic and Manmohan Singh, its prime minister, one of the world's most-watched leaders.

The reason is, in part, the sheer numbers. India, with relatively young demographics, now has 1 billion people. By 2030, it is believed, India's population will outstrip China's. By 2050, the world's economy, it is predicted, will be led by the Asia-Pacific/Western quartet of China, India, Japan and the United States.

India should prove a deeply interesting story every step of the developmental way. It both flourishes from (and festers under) a democratic system of government that is long on federal, state and local checks and balances but short on efficiency.