Power and Developments

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  • Power and developments
    • Types of global power
      • Fundamental capabilities
        • Diplomacy e.g. UK and EU leading soft powers
        • Military strength e.g. army budget, global reach
        • Economic capability e.g. influence in IMF and World Bank, levels of debt, GDP
        • Cultural appeal e.g. English language spoken by 1 billion, Hollywood, 'McWorld'
        • Population e.g. large population = power and influence but also creates problems
        • Structural power e.g. UN and other IGOs
        • Regional power e.g. EU, NAFTA, AU
        • Research and development
        • Natural resources e.g. Brazil
      • Hard power
        • Use of economic and military influence
        • 'Carrot and stick' approach
        • Only hard power can achieve some goals e.g. sanctioning terrorism
      • Soft power
        • Diplomacy e.g. UK and EU leading soft powers
        • Use of diplomacy and international relations to exert influence
        • UK soft power = English language, familiarity of British culture as a result of post-colonialism, involvement in Bretton Woods institutions
        • In a world of complex interdependence, goals are better achieved through cooperation not conflict
      • 'Smart' power
        • Election of Obama 2008
    • Changing balance of global power
      • Global balance of power since the end of the Cold War
        • China predicted to become a 'global leader' by 2049
        • Vast territory and population
        • 'Thucydides Trap'
        • China expected to overtake USA in terms of GDP & foreign direct investment by around 2020
        • US debt to China 2017 $1 trillion
      • Great powers
        • Exert global influence. Towards the top of the hierarchical state system
        • Significant military and economic power
        • Most commonly associated with the major states in the pre-WW2 era
      • Superpower
        • Exhibits greater power than a great power
        • Hegemon
      • Emerging power
        • BRICS nations
        • Powerful modern economies
        • Starting to be more assertive in the global governance institutions
    • Polarity
    • Systems of government

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