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Distribution of Power at the Global Level

In: Other Topics

Submitted By montapence
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Distribution of power at the global level The United States has been the global leader since 1872, when they overtook the United Kingdom. There are discussions about “Americas decline” and the rise of multipolar power within the international state system. But actually I think that United States will stay as the world’s single great-power for some nearest time. It does not deny that some nation-states may grow more powerful in their respective regions. Although number of people around the world believes the economic balance of power is shifting, the United States is still seen as the world’s leading economic power. There are two main competitors for United States - one in the Pacific against China and the other in eastern Europe against Russia. America has to be afraid of these two countries getting togeather and building up their own global power. United States need to keep it’s allies, particularly the European countries, in line if the confrontation reaches a critical point. Economical statistics shows that China this year will displace the United States as the world's largest economy. The comparison is made by Purchasing Power Parity. It means that it takes into account the differing prices in the two countries. If a dollar is worth 7.2 renminbi today on the foreign exchange market, there is possibility that 7.2 renminbi can buy a lot more in China than one dollar can buy in the United States. The Purchasing Power Parity comparison shows - that is why China's economy is much bigger than the measure that we most commonly seen in the media. It just converts China's Gross Domestic Product to dollars at the official exchange rate.[2] Nevertheless, ‘great-power’ is not an economic turn. It is affected by various factors – political, economical, military and also technological. Technological developments, globalization and the revolution in...

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