Rii
Rear Admiral
The Carnegie Endowment for International Peace, drawing and expanding upon projections by Goldman Sachs, recently produced a fascinating document exploring the evolution of the world order through 2050. The broad strokes are unsurprising:
Looking beyond the large players though, the broader trend is clear: the gulf between rich and poor is flattening out. In future, national power will be far more strongly associated with population than it is today.
2050 is probably about the limit of responsible forecasting, but who's interested in being responsible? Let's look a little further ahead ... to the world in 2100! *cue ominous music*
My thoughts:
We'll see four primary power blocs of rough equivalence: China, India, the European Union and the United States.
Of those four blocs, the European Union offers the greatest uncertainty: at one extreme, it could be little more effectual than it is today; at the other, it could emerge as 'first amongst equals'. One thing is certain: lacking further integration, the disparate European nations will dwindle to near irrelevance on the world stage by 2100.
Beyond the 'big four' will lie the following second-tier powers: Brazil, Mexico, Indonesia, Japan, Russia, Turkey.
The last nation on that list, of course, is a current candidate for the European Union. If it were admitted, by 2100 it would certainly emerge as the most powerful member thereof.
Russia is a (rather more distant) possibility for future EU inclusion also. The aforementioned possibility of the EU emerging as the most powerful global entity assumes the accession of both Russia and Turkey.
If either and/or both of these nations are not admitted to the EU, they will likely emerge as fulcrums of their own regional power blocs.
The rise of Indonesia is of particular interest with respect to my own nation: Indonesia's GDP is expected to surpass that of Australia sometime around 2040; with per-capita equivalence lagging a generation or two behind. To say that this represents a fundamental shift in Australia's relationship with its regional environment is something of an understatement. Australia is one of the only western nations expected to experience significant population growth over the next century, but it's nothing against Indonesia's pace of development.
Third-tier nations are too numerous list; suffice to say they will include presently advanced nations like South Korea, EU constituents like Germany and the United Kingdom, through to nations like Chile, Pakistan and Iran, and even to a number of African states.
So ... anyone else have any thoughts?
The world’s economic balance of power is shifting rapidly. China remains on a path to overtake the United States as the world’s largest economic power within a generation, and India will join both as a global leader by mid-century.
Traditional Western powers will remain the wealthiest nations in terms of per capita income, but will be overtaken as the predominant world economies by much poorer countries. Given the sheer magnitude of the challenge of lower-wage competition, protectionist pressures in advanced economies may escalate.
The global economic transformation will shift international relations in unpredictable ways. To retain their historic influence, European nations will be pressed to conduct foreign policy jointly—an objective implied by their recently ratified constitution—and will need to reach out to emerging powers. Japan and Russia will seek new frameworks of alliances. The largest emerging nations may come to see each other as rivals.
Absolute poverty will be confined to small pockets in sub-Saharan Africa and India, though relative poverty will persist, and may even become more acute. Carbon emissions are also on a path toward climate catastrophe, and by mid-century may constitute a serious risk to the global growth forecast.
International organizations such as the IMF will be compelled to reform their governance structures to become more representative of the new economic landscape. Those that fail to do so will become marginalized.
Looking beyond the large players though, the broader trend is clear: the gulf between rich and poor is flattening out. In future, national power will be far more strongly associated with population than it is today.
2050 is probably about the limit of responsible forecasting, but who's interested in being responsible? Let's look a little further ahead ... to the world in 2100! *cue ominous music*
My thoughts:
We'll see four primary power blocs of rough equivalence: China, India, the European Union and the United States.
Of those four blocs, the European Union offers the greatest uncertainty: at one extreme, it could be little more effectual than it is today; at the other, it could emerge as 'first amongst equals'. One thing is certain: lacking further integration, the disparate European nations will dwindle to near irrelevance on the world stage by 2100.
Beyond the 'big four' will lie the following second-tier powers: Brazil, Mexico, Indonesia, Japan, Russia, Turkey.
The last nation on that list, of course, is a current candidate for the European Union. If it were admitted, by 2100 it would certainly emerge as the most powerful member thereof.
Russia is a (rather more distant) possibility for future EU inclusion also. The aforementioned possibility of the EU emerging as the most powerful global entity assumes the accession of both Russia and Turkey.
If either and/or both of these nations are not admitted to the EU, they will likely emerge as fulcrums of their own regional power blocs.
The rise of Indonesia is of particular interest with respect to my own nation: Indonesia's GDP is expected to surpass that of Australia sometime around 2040; with per-capita equivalence lagging a generation or two behind. To say that this represents a fundamental shift in Australia's relationship with its regional environment is something of an understatement. Australia is one of the only western nations expected to experience significant population growth over the next century, but it's nothing against Indonesia's pace of development.
Third-tier nations are too numerous list; suffice to say they will include presently advanced nations like South Korea, EU constituents like Germany and the United Kingdom, through to nations like Chile, Pakistan and Iran, and even to a number of African states.
So ... anyone else have any thoughts?

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