CHINA: THE RISE OF A SUPERPOWER.

-
The global dominance will shift from West to East.

In this year 2014, China is ranked by the IMF (International Monetary Fund) the first economic power in the world. The USA was the world leader in economy for over decades until the recent economic turmoil which deeply impacted the USA clout over the world. As result it is declining. According to a CIA report, USA will remain the strongest military force in the world. Are we on the edge of a new economic order? Will Chinese dominance last as long as USA?   What is the outcome for the world?
Since the era of Mao, China has set the path to its economic development through its social and economic revolution. The regime has made choices that paid:
- The extensive use of the human capital (China has the largest human capital in the world with a population of over 1 billion people)
- A heavy industrialization of the economy (China opened its market to foreign industries)
- The extensive use of new technologies (Huge investments are made in research and development)
- A huge investment in modern infrastructures
- A massive export of manufactured products especially electronics (computers, mobile phones etc…)

Over two decades Chinese economic growth rate was two figures till the recent economic downturns. Will Chinese economic performance last?
It is likely that China will not sustain its dominance as the Americans did for two major reasons:
-First, the one child policy is an obstacle to the renewal of the human capital. The ageing of the population will lead to an exponential decrease of the active population.
- Second, China is a colossus with feet of clay. The regime which is communist is facing a latent revolution which seems to be a time bomb and may explode any time.

What is the outcome for the world?
It is likely that china’s dominance over the world will lead the path for new superpowers to rise. Countries like Brazil, India and Russia will become powerful nations. A new economic order will of course take place. The western countries will lose their dominance over the world as result of the economic turmoil and political crises they will encounter.

Over all China will become a powerful nation, but for just a short period of time. The Americans will remain the strongest military and will lose their economic leadership, but is likely to make a comeback for this reason: America is the most creative nation on earth.
 

Comments

Post a Comment

Popular posts from this blog

Agriculture: A business response to economic growth in the sub-Sahara. Part 1

-
Image
Some of the major issues that the Africa sub-Saharan is expected to face is in the years  ahead are food issue, the population growth, exponential increase in the unemployment  rate etc.... All are inextricably linked. One is the cause of another and so on.  Some 795 million people  in the world and especially in the Sub-Sahara do not have enough food to lead a healthy active life. That's about one in nine people on earth.   Sub-Saharan Africa is the region with the highest  prevalence  (percentage of population) of hunger. One person in four there is undernourished. ( Source World Food Program) There is the paradox: Africa continent has  is huge surface favorable for agriculture and a good weather, but only a few percentage is used for agriculture and most a huge amount of food crops is for export, while most of its people die every day of hunger especially in the corn and in the sub-sahara. Who is to blame for this issue? Governments? The policy makers? Farme
Read more

96 outils d'IA pour vous aider à créer un contenu en 2024

-
  Exploitez cette mine d’or pour augmenter votre niveau de créativité 🔥🔥🔥 👉 Recherche - Execo - Silatus - Bing chat - Perplexity - ChatGpt-4 👉 Génération d’image - Dall-E 3 - Leap AI - Bing AI - Segmind - Midjourney - Stable Diffusion 👉 CopyWriting - Rytr - Copy AI - Writesonic - Adcreative AI 👉 Writing - Jasper - HIX AI - Jenny AI - Textblaze 👉 Site Web - 10Web - Durable - Style AI - Landingsite 👉 Génération de video - Klap - Opus - Eightify - InVideo - HeyGen - Short Deo - ImgCreator AI - Morphstudio 👉 Meeting - Tldv - Otter - Noty AI - Fellow app 👉 SEO - Seona AI - TubeBuddy - Semrush com - BlogSEOkeywords 👉 Chatbot - Dante Ai - Trycortex - Chatsimple 👉 Presentation - Tome app - Decktopus - Gamma AI - Designs AI 👉 Automatisation - Make - Zapier - Xembly - Bardeen 👉 Prompts - FlowGPT - Alicent AI - PromptBox - Promptbase - Snack Prompt 👉 UI/UX - Figma - Uizard - UiMagic - Photoshop 👉 Design - Canva - Flair AI - designify - Clipdrop - Autodraw - Magician design
Read more

The youth and the employment situation in Togo.

-
Since 1993, when Togo got into the democracy process, the economic and the social conditions were affected by the political crisis that emerged from the lack of democracy and respect of human rights by the Togolese authorities. The young people unemployment is one of the major problems that the country is facing. They seem left to themselves. Most of them who are University graduates have to ride Taxi Motorcycles Called “ZEMIDJAN” (in the local language) to survive. What are the causes of the problem? And how can they be tackled? These are few questions we shall try to answer in this small article. The causes of young people unemployment in Togo. Six major causes can be highlighted. These are: 1- Corruption This a major cause that is blocking the government to create more jobs for the young people. The financial resources allocated to cope with unemployment are misused. They are used for personal expenses. 2- Lack of efficient employment policy. Since Togo got into democracy process, t
Read more