Who rules the world? The answer was not difficult till the end of 20th century. The countries which had the biggest military power. Till the disintegration of USSR, it was a bipolar world, US at one side the USSR at the other. After the disintegration of USSR, United States of America emerged as the sole superpower, dominating world institutions, having military establishments in almost every corner of the world. The world remained under the shadow of unipolar superpower for a period. But that cannot be the case forever, nothing is permanent. Change is the law of the nature.
Military might cannot be the only global power order in future, soft power and vehement and fervent economic trends are the future of new global order. In the new era of 21st century India and China took the economic leads as the Chinese manufacturing power become a significant threat to the major economic powers and India’s fast economic growth surprised the world. By the time superpower realised that growing significance of rising economies in Asia and it went in firefighting mode, it was little late. Surging economic powers remained exuberant and ebullient.
Diese Geschichte stammt aus der November 28, 2023-Ausgabe von The Business Guardian.
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Diese Geschichte stammt aus der November 28, 2023-Ausgabe von The Business Guardian.
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