...The United States of America is a declining global power related to the never-ending war, lack of political cohesion and the greed of Americans to self-indulge rather than attempt to make the U.S. a better place as a whole. The U.S. showed its vulnerability when New York City was attacked, the twin towers destroyed and thousands of innocent lives were lost, an event forever known as 911. How could such an event like this happen to the so-called superpower known as the United States of America? As stated on page 2 of the readings, the defense department was not defending their own borders. They were too busy defending other countries. While it is important as a superpower to help others in need, a government should first have all matters of “home” secure before extending a helping hand to others. That is a lesson learned at the expense of New York City. The borders of the U.S. were not secure enough to keep terrorists out. They crossed the U. S. borders, came right in, made their selves at home, blended into society, learned to fly airplanes and used that knowledge to destroy the sense of governmental security Americans had. Post 911, Americans have seen a great lack of political cohesion. President Bush lied to Americans to win support to launch a war on terrorism. In the words of Defense Secretary, Donald Rumsfield, “forget about exit strategies; we’re looking at a sustained engagement that carries no deadlines.” (2). that statement alone should have sent fear into the...
Words: 836 - Pages: 4
...U.S.A.-China Trade Relations Carol Buchanan Naga S. Grandhi Leigh Goulet Bellevue University Abstract The United States of America (also referred to as U.S.A.) and China are the top two biggest economies with $16.2 trillion and $9 trillion dollars respectively. Both of these countries have very strong trade relationships. In the year 2013, U.S.A. exported $122,016.3 million worth of goods to China and imported $440,433.5 worth of goods from China. These figures clearly indicate that there was a huge difference between import and export values in 2013 and also appear to disproportionately favor China. This paper addresses the trade relation between these countries and explains its current situation. This paper also explains the concept of “opportunity cost” as it relates to trade between these countries. Keywords: U.S.A.-China trade relations, imports, exports, opportunity cost. U.S.A.-China Trade Relations Problem Statement Both the U.S.A. and China have strong economic backgrounds. Globalization welcomed trade between these nations. Overall, the balance of trade in goods and services between U.S.A. and China appears to be in favor of China. This creates several problems and dependencies between these two countries. Introduction/Background U.S.A.-China trade rose rapidly after the two nations reestablished diplomatic relations (in January 1979), signed a bilateral trade agreement (July 1979), and provided mutual most-favored-nation (MFN) treatment beginning...
Words: 1590 - Pages: 7
...terms of its economy, the USA is strongly threatened by China. China has the second highest GDP in the world behind the USA (6,807.43 USD in 2013) and this figure is growing at a much faster rate than the USA’s. China’s manufacturing industry is huge and exports many products all over the world. Although the average quality of life in China isn’t as good as the USA’s, it improving due to China’s growing economy allowing more investment in services like healthcare and education. A wealthier population in China may also lead to future political change and even more economic growth. Also, India’s economy is powerful and growing, although not on the scale of China. Overall, I think China will soon become more of a dominant nation compared to the USA. However, China’s GDP and quality of life won’t match the USA for a long time. The military strength of countries is important in making them superpowers. Although the USA has the strongest military force in the world, China also has very strong military strength and is most likely here to threaten the USA for global dominance out of the BRIC nations. The Chinese army has over 2,000,000 personnel members compared to the USA’s 1,000,000. This gives China a huge advantage in manpower. On the other hand, China’s military is behind technologically, having only built their first aircraft carrier in 2011, whereas the USA has had carriers for decades, even since WWII. Despite this however, China also has nuclear capabilities...
Words: 814 - Pages: 4
...technological developments ................. 4 A. On Asia ........................................................................................ 4 B. On the world now ........................................................................ 4 C. On the world in the future .......................................................... 5 IV. Conclusion ....................................................................................... 5 2 I. Synopsis Will China and India be the world’s next superpowers? Perhaps history has its answers. Mankind has always been in search of for greener pastures, and there has always been powerful of empires that have had control of a large region, as seen from the passing of the baton of supremacy from one empire to another, from the Greeks to the Chinese and subsequently to the Ottomans, Europeans and American. With the gradual liberalization of China and India, there has been an increasing openness to interact with other countries, resulting in a great diffusion of technology across countries. China and...
Words: 1144 - Pages: 5
...Introduction China’s insatiable appetite for natural resources, oils deposits and other raw materials to power its economic engine questing her to emerge as the new superpower, has catalyzed her desire to engage Africa in her Foreign Policy. This has heightened the Chinese desire to geo- strategic reach into Africa as a going global strategy this has been the plan as far back in the 1978 eras of Mao Zedong. China’s objective in the new phase of assertiveness is to maintain strong economic ties in Africa, unlike the previous objective of building a coalition of sharing common goals with Africa as ‘Third World’. This geo-economic factor is influenced by the desire for resources to fuel its economic growth and gain energy security. China in strengthening her diplomatic and political ties sees Africa not just as ally to bid for influence and power, but as a source for natural resources . China has established Confucius Institutes (state-funded Chinese Cultural Centers) that have sprung up throughout Africa, teaching local people the culture and traditions. One wonders if China is positioning itself for taking over supremacy and advancing her Soft Policy in Africa. It is perhaps important to see our languages and cultures going out there too. The China- Africa Cooperation which was aimed at strengthening China’s diplomatic and political ties stared in post colonial Africa. The African plight of political freedom from their colonies, referred to as aggressors according to...
Words: 3685 - Pages: 15
...Is China really the Enemy? Conflicts between the US and China yet arise, as Chinese Firm, Cnooc, tries to buy a midsize American oil company. Cnooc is one of the largest oil firms in China and is government owned, and primarily wishes to acquire Unocal for $18.5 billion, and are willing to pay more if necessary. Although tensions arise in the US, as several states are against the deal from happening and are trying to veto the decision of the firm. Cnooc is mainly trying to procure Unocal for its offshore natural gas fields and its expertise in offshore exploration and production so that China can move from using coal to natural gas for energy. However, Republican representative, Richard W. Pombo, thinks that the acquisition of Unocal would be a threat against the national security as oil is one of the key commodities for military activity. People are against this deal from happening as they see China as a rising threat economically as well as militarily. Similarly Senator Bryan Dorgan drafted three anti-Cnooc legislations, as he believes that it would manufacturing jobs would be lost due to the acquisition. He also firmly believes that the Chinese government does not trade fairly with American companies as; they would not allow any Chinese company to be sold to an American Company, and thus the US should do the same. Similar situations rose over China, as the “economic modernists” see China as becoming the next superpower alongside the US, if fair trade is implemented, and...
Words: 491 - Pages: 2
...in formulating a common agenda. China wants to be rich and thus powerful. It certainly follows a clear-cut strategy already in place for over 30 years. This helps increase its prestige and power. Its performance in the field of “new” international agenda items (direct human, environment, etc.) lags behind its economic might. China will continue to be the manufacturing plant of the industrial world for many years. Investment in China will be driven primarily by the creation of local infrastructure focused on trade for export markets, whilst Chinese capital markets will still remain inchoate for many years. India wants to be powerful and hence enjoy global prestige. Its competitive edge resides in low labor costs (wages) in certain sectors (textiles, outsourcing, information technology). It has no coherent project of prosperity. Investment will continue to flow from companies wishing to reduce their labor and other production costs by “offshoring” their plant, call-center or web-center operations. Investment will be strong in areas of value-added products, such as chemicals, software and other IT-related industries, but on an insufficient scale to make it boom across all socioeconomic structures. Moreover, capital markets will remain incipient when compared to international counterparts. Russia wants power, prosperity and prestige, but it is uncertain on how to get it. Sometimes it talks and behaves as a superpower. The population of scientists is...
Words: 464 - Pages: 2
...being a manufacturing powerhouse as it now relies on importation of raw materials from other countries with upcoming markets. United States lost its self-sufficiency that it had in the past century especially during the Industrial Revolution. The integration of foreign made goods have made it easy for foreign workers to manoeuvre in different opportunities and pursue their American dreams because they are familiar with the goods thus making their work environments conducive (Weidenbaum, 2005). Moreover, this changed the perception held by majority of foreigners that United States is a melting pot of immigrants. These foreign workers take advantage of their knowledge about imported goods to penetrate the American markets further with the motive of advancing their skills and attract better wages and opportunities as a result. Unremitting importation of foreign made goods has affected American workers both positively and negatively. On the positive side, they get to learn new ideologies about manufacturing and global markets from the upcoming superpowers such as...
Words: 1202 - Pages: 5
...India & China’s war with The West India and China have two major belongings in common that has contributed to them separately becoming a Superpower in today’s sphere, each consumes a mammoth amount of land, and enormous population. When comparing and contrasting how each arose, viewing back to a post-World War 2 era, where both countries earned their independence in essential in understanding 3 components that shaped their country. The first is how the varying countries leaders at the time gained their independence. The second is the post-independence struggle that each country faced after. The last is how these countries came from the previous changes to develop into the countries they are today. Looking at a back story of these two countries show us their roles in today’s politics and how their reception is viewed by other counties. Great leaders facilitated the uniting of China, and India’s population into ‘fighting’ for independence, but using fighting not as a literal word to show they each had a cause and needed to combat to overcome it. India’s leader is very famous for his non-violence approach to overcoming the British imperialist. Mahatma Gandhi was born very privileged and studied in England to become a lawyer. He came back to India and wanted to see people free of economic and social change in his country. Gandhi’s method preached of nonviolence, and more of a civil disobedience to the British. In one quote he says “First they ignore you, then they laugh at you...
Words: 720 - Pages: 3
...cross-border trade and investment, and by national differences in government regulation, culture, and business systems; and moving toward a world where barriers to cross-border trade and investment are declining, material cultures are becoming similar, and national economies are merging into an integrated, interdependent global economic system. As companies from Japan and emerging markets like China play a more vital role in the world economy, the dominance of companies from the United States and Western Europe has diminished. Significant implications for British firms involve looking beyond Europe and America for investment and opportunities. Consumer spending power is growing quickly in developing countries. For North American companies, the same holds true, although the importance of the growing prosperity in Latin America suggests a potentially huge market in “their backyard.” Hong Kong is perceived as the gateway to the immense market of mainland China. Since Hong Kong firms are now less taken for granted, access to China is improving along with the move towards a market economy within China. International businesses based in all three locations are facing new opportunities and threats. 2. "The study of international business is fine if you are going to work in a large multinational enterprise, but it has no relevance for individuals who are going to work in small firms." Evaluate this statement. Globalization is changing the world economy. Firms, even small ones, can...
Words: 1336 - Pages: 6
... China and India now are widely acknowledged as the planet’s next economic superpowers | The Context China and India are two neighbouring countries in Asia who share the two largest population of the world and in fact added together they represent nearly one third of humanity. Globalisation has imposed internal pressure and external pressure to bear on both India and China. For most Chinese and Indians alike, economic life is hard despite the fact that reforms and globalisation have created various new opportunities and as such both countries have witnessed an emerging middle class with Americanised tastes and preferences, irrespective of this however, both countries remain very poor. Although the two countries went to war in 1962 due to some border dispute, they have since tried to normalise relations and in 1995 for the first time trade had exceeded US$1 billion between them. They have lately received a lot of international attention being viewed as emerging giant economies as they both play key roles at the international level. For example China has been a permanent member of the Security Council at the UN, while India who has lead the Non-Aligned Movement for years and is still vying for a similar position. Furthermore, India has been one of the founding members of the WTO and has played a prominent role as one of the developing nations whereas China has had to fight for decades to obtain its admission into this international organisation. While both China and...
Words: 5205 - Pages: 21
...Eye on Asia Can soaring population give India an edge over China? Posted by: Bruce Einhorn on September 19, 2006 India’s population is exploding and is likely to surpass China as the world’s biggest within a few decades. In a country where more than 25% of the people live in poverty, is that a good thing? One of the top executives at India’s premier pharma company seems to think so. Last week Brian Tempest, the former CEO and current “chief mentor” at Ranbaxy Laboratories, told an industry gathering that the growth of India’s below-25 population “is going to act as a secret weapon in the future,” according to this report in the Hindu. Tempest went on to take a jab at China, saying that slower Chinese population growth would put the Middle Kingdom at a disadvantage. Says Tempest, “the one-child policy in China will play a spoilsport.” The logic is simple. Fast population growth equals more young people, and more young people equals a more dynamic work force. According to the Indian Express, citing India’s Ministry of Labour and Employment, India already has an advantage over more advanced economies. The median age in India in 2000 was 24, compared to 30 in China, 38 in Europe and 41 in creaky old Japan. However, most of those Indians live in the countryside, and it’s no secret that India’s rural population is not sharing in the boom enjoyed by people in other parts of the country. In the past, Asiatech blog readers have written in to debate the merits of India’s development...
Words: 6861 - Pages: 28
...Unit 1: The Seeds of Conflict, 1917-1944 The differences between capitalism and communism Capitalism advocated private enterprise, land owned by individuals with minimum government interference. Liberal democracy was a political system where each person has freedom to vote, to elect, of speech and of worship. Communism advocated state-owned property, an economy where all industries and agriculture were owned by the government on behalf of the people. A one-party state was a political system with one political party to represent the people. In the USSR, all political parties other than the Communist Party were banned and elections were contested between individuals of this party. The tensions that existed between the USSR and the USA in the 1920s and 30s Communism was viewed as an unstable force that threatened social and political order and Lenin, leader of the Bolshevik Revolution, was to represent this. Allied countries Britain, France, USA and Japan had sent help to Bolshevik enemies during the Civil War therefore there were some hostile feelings towards them even after the war. The Treaty of Brest-Litovsk (March 1918) was a result of Russia withdrawing from the war, leading to a feeling of betrayal amongst the allies who were left to fight Germany alone. Communist groups in Spain and France grew in strength in the 1930s in response to the hardships of the Great Depression which placed strains on the USA. Britain’s appeasement policy towards Germany under Hitler’s...
Words: 7667 - Pages: 31
...2015 Name: Vasquez, Manny CW5 (Proponent: USA) Dr. Patrick Parker’s proposition is correct in that the United States can continue to be the world’s lone hegemon, but it must also recognize the rise of regional powers. In other words, the American government cannot totally isolate itself from world events nor can it continue being the world’s lone overbearing policeman or benefactor. He suggests that future American grand strategy must consist of a middle ground that gives it the ability to protect its national interests while wisely flexing its instruments of national power when dealing with competitors, adversaries, and up incoming regional powers. At the conclusion of World War II the Soviet Union became one of two dominate superpowers. The Soviets had the ability to influence its immediate neighbors and offered countries a communist ideology that discredited capitalism and blamed it for starting the Great Patriotic War. The Soviets used propaganda on devastated European populations by demanding acclaim for being the principal reason why Hitler’s Germany was defeated. They maintained an occupation army stationed in Eastern-European countries under the pretense of liberators, but in reality, the Soviet soldiers were enforcers over buffer satellite states. The Soviets were one-half of a bi-polar world and principal antagonist of the western world until the collapse of the Union of Soviet Socialist Republics (USSR) in 1991. The United States came out of the World War...
Words: 1145 - Pages: 5
...SPECIAL REPORT ON EMERGING MARKETS www.dreamgains.com White Paper Special Report On Emerging Markets ABSTRACT This paper examines the four emerging economies- Brazil, India, Russia and China (BRIC) - that are expected to play an increasingly important role in the global economy in the coming decades. These four countries have come to symbolize the exciting challenges and opportunities presented by dynamic emerging markets. The first part of the report outlines key features of these economies and their growing contribution to world output and trade. The second part analyses the contribution of India towards the same. By 2050, the BRIC economies will account for 44% of global GDP. The emerging market accounts for an increasing share of global activity. Two centuries of vigorous industrialization has propelled economies of North America, Western Europe and Japan into a dominant position in terms of their share of world output. But the past three decades have seen steady erosion from the peak they attained during the 1970. The emerging economies now account for over half of world output. These dynamic economies are changing the world economic order as they industrialize, improve their infrastructure and rapidly develop their service sectors. By 2050, they will account for almost 78% of global output. This projection uses realistic assumptions of annual growth rates of 5.3% to 2050, well below those posted in recent decades by the economies of developing Asia at over...
Words: 1660 - Pages: 7
