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Yohan
Champion of Deep&Nu-disco

Registered: Jan 2004
Location: Kitchener, Ont, Soviet Canuckistan
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Re: Worlds Next Superpower ?
| quote: | Originally posted by Provocative_boi
European Union :-
The European Union has been called a potential superpower by academics.The power of the European Union will rival that of the United States in the 21st century.Several factors: the EU's large population, the EU's large economy, the EU's low inflation rates, the unpopularity and perceived failure of US foreign policy in recent years, and certain EU members' high quality of life (when measured in terms such as hours worked per week).
On the other hand the EU as a whole has consistently suffered from a growth deficit vis-a-vis the US, high unemployment, and public deficits even while most member states of the EU lagged substantially behind the US in R&D investment, technological innovation, and, since 1995, productivity gains. |
Politically most unstable as each nation has its own agenda and can't really agree which direction EU should take. (Esp. with failure of latest round of EU constitution ratification)
Doesn't have enough natural resources to drive its own economy and its protectionist trade policy alienates other potential investors in their economy.
The big gap between quality of life between Western and Eastern members also may be cause for concern, esp. if EU takes on more socialist equalization program to balance out the quality of living among all EU members. Also, the high cost of living among some EU nations.
| quote: |
People's Republic of China :-
Receives almost continual coverage in the popular press of its potential superpower status and has been identified as a rising or emerging economic and military superpower by academics and other experts.Professor Shujie Yao of Nottingham University has said "China will overtake the United States to become the world's largest economy by 2038 if current growth rates continue", and that China's GDP will overtake that of Japan by 2017 or 2018, and Germany's by 2008. Professor Yao thinks that "under an optimistic scenario", "China could become a real superpower in 30 years time".
Geoffrey Murphay's China: The Next Superpower argues that while the potential for China is high, this is fairly perceived only by looking at the risks and obstacles China faces in managing its population and resources. The political situation in China is too fragile to survive into superpower status according to Susan Shirk, writing in China: Fragile Superpower.Other factors that could constrain China's ability to become a superpower in the future include: limited supplies of energy and raw materials, questions over its innovation capability, inequality and corruption, and risks to social stability and the environment. |
My vote for the next superpower.
I think the current political leadership is stable enough to drive the economic growth while keeping dissent down. The memories of Tiananmen Square still linger in the minds of many Chinese. The current economic policies have put money into pockets of many Chinese, though not to many who live in rural area.
PRC has shown that it can maintain a capitalist laissez faire policy, as it has absorbed Hong Kong and Macao into its fold without distrupting the trade from those areas.
Though if other nations realize that the trade imbalance with China does not benefit them at all and stop trading with China, China will have harder time growing without the surplus trade to invest in its domestic infrastructure.
China also has potential access to world's potentially biggest resource area in Siberia. Offer Russia a deal that it cannot refuse and China may have secured all the natural resources it needs for the future.
As for technology and innovation, attract the best brains in the world by offering them lots of money and cushy quality of living and people will come to China to work.
| quote: |
India :-
Is the world's most populous democracy, and has impressive GDP growth of around 9%.According to Goldman Sachs revised BRIC progress report, "India’s GDP (in US$ terms) will surpass that of the US before 2050, to make it the second largest economy" in the world. India will also see their GDP per capita in US$ terms quadruple in the years from 2007 to 2020. India's emergence in the spheres of information technology and other service industries, and regional power politics, are recognized as reasons that India may rival American, European or Chinese power in the future.
Newsweek, and the International Herald Tribune join several academics in discussing India's potential to be a third superpower.
China and India rising to superpower status isn't inevitable, according to scholars such as Professor Pranab Bardhan, Chief Editor of the Journal of Development Economics, who suggest that millions mired in poverty and ineffective government prevent China or India from rivaling the U.S. or the E.U. any time soon.
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I think India will have harder time than China simply because the population is too dense and the gap between rich and poor too big. I'm not sure about India's trade, but it seems to rely a lot on emerging computer tech and other related industry.
Without some means to tap into potential manpower the avg mass have by investing in education and other social infrastructure, as well as being able to feed them and provide them with better quality of life, India will have harder time than China to be a superpower.
| quote: |
Russia:-
Intends to re-emerge as a "full-fledged superpower", according to Proffessor Steven Rosefielde of Southwest Missouri State University He also says that "Contrary to conventional wisdom, this goal would appear to be easily within the Kremlin's grasp, but the cost to the Russian people and global security would be immense." R. G. Williams of the Naval Postgraduate School contends that, "present Western policy pursuits will lead to a regenerated authoritarian Russian superpower." However Vladimir Putin has described "superpower" as a Cold War term that no longer applies.
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Russia has all the potential to be a superpower, but the legacy of corrupt Communist regime may require much time to overhaul into effective government to foster growth.
Not to mention Russia always seems to fall back on some sort of authoritarian regime all throughout the history... Hence why Putin is doing some serious arm twisting to fast track Russia back into superpower status, but at the expense of alienating a lot of the Western world at this point.
Russia needs to attract new investors in order to harness the natural resources Siberia has, but at current moment, the political climate is too hostile for investment in Russia. This may force Russia to turn to China as investor, unless US's superpower status is somehow broken in next 50 yrs, and allowing Russia to assert its dominance on the world stage
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| quote: | Originally posted by chinamon
not true. i say "ugh"
but i am a tranny. |
| quote: | Originally posted by kotsy
lol colour me retarded |
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Jul-26-2007 19:10
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I_Am_Vince
aka Invasionmix

Registered: Jan 2006
Location: Mississauga, ON
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Jul-26-2007 19:24
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