11-21-2008, 07:22 AM
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#1 (permalink)
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Join Date: Aug 2000
Location: New York
Posts: 5,099
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Declining US power and influence
U.S. power, influence will decline in future, report says - CNN.com
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The report argues that the "international system -- as constructed following the second World War -- will be almost unrecognizable by 2025 owing to the rise of emerging powers, a globalizing economy, an historic transfer of relative wealth and economic power from West to East, and the growing influence of nonstate actors."
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It argues that the world is in the midst of an unprecedented "transfer of global wealth and power" -- from West to East -- that is being fueled by long-term "increases in oil and commodity prices" along with a gradual shift of manufacturing and certain service industries to Asia.
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America's biggest rival by 2025, the reports says, will be China.
"China is poised to have more impact on the world over the next 20 years than any other country," it notes.
The report projects that China will have the world's second largest economy by 2025 and will be a leading military power.
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Equally problematic for U.S. policymakers is the fact that China is expected to become the world's biggest polluter and largest importer of natural resources
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what word keeps popping up? CHINA
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