The decline of Europe and the US: shifts in the world economy and in global politics

Abstract: The world is facing a dangerous power vacuum which may last for decades. This vacuum is developing because Europe and the US are currently in a phase of relative decline while China, India and Brazil are claiming international standing without being able to fill this role. A close look reveals several significant changes in global politics and the world economy: China, India and Brazil are becoming global actors and are gaining relative strength. Together with other regional powers (e.g. Turkey, South Africa, Indonesia), they are influencing global energy, climate, security, trade, currency, and development policies. At the same time, however, the aforementioned nations are too weak because they – despite strong economic growth – are unable to eradicate poverty in their own countries, and an extremely imbalanced distribution of income and wealth prevails, resulting in massive social problems. The weak infrastructure, technological underdevelopment, and low levels of education of th

Object Details

• Location: Deutsche Nationalbibliothek Frankfurt am Main
• Extent: Online-Ressource, 8 S.
• Language: Englisch
• Notes: Veröffentlichungsversion ; nicht begutachtet

References and Relationships

• Bibliographic citation: GIGA Focus International Edition ; Bd. 1

Classification and Topics

• Classification: Politik

Contributors, Places and Time

• Event: Veröffentlichung
• (where): Hamburg
• (when): 2011
• Creator: Kappel, Robert
• Contributor: GIGA German Institute of Global and Area Studies - Leibniz-Institut für Globale und Regionale Studien

Further information

• URN: urn:nbn:de:0168-ssoar-288915
• Rights: Open Access; Open Access; Der Zugriff auf das Objekt ist unbeschränkt möglich.
• Last update: 25.03.2025, 1:53 PM CET