Superpowers Case Studies Flashcards
Joseph Nye criticism of China’s soft power
“Despite spending billions of dollars to increase its soft power…China has had limited return on its investment”
Problem with Confucius Institute and China Public Diplomacy Association
Soft power accrues when civil society actors do things with global appeal, not top down schemes interpretted as propaganda by foreigners
Combined economic strength of BRIC nations
nearly $18 000 billion in 2010
Proportion of world population taken up by BRIC nations
40%
World land area of BRIC countries
25%
Foreign currency reserves in BRIC nations
40% of world total
1/6 of foreign reserves of all BRIC nations combined would have the same value as the IMF
Positive political aspects of BRIC nations
3/4 are nuclear powers (Not Brazil)
2 have seats on the UN Security Council (Russia and China)
Problems which may hinder China’s superpower status
Some critics claim China has little regard for human rights and democracy
Possibility of conflict over Taiwan and Hong Kong
Aging population crisis
Huge CO2 emissions due to rapid industrialisation
Problems which may hinder Russia’s superpower status
Re-emergence has been largely facilitated by oil and gas demand- which is not a sustainable source of income
Russia has a negative population dividend- shrinking and aging population
Breakup of Soviet Union caused collapse of health and communist welfare system- falling life expectancy and rising poverty
Problems which may hinder India’s superpower status
Problems with Pakistan and Kashmir Number one in terms of population poverty Duel economy Infrastructure problems The caste system
Problems which may hinder Brazil’s superpower status
Experienced huge debt levels in 1980s
Recovery only very recent with huge trade surpluses and liquidation of foreign debt
Japan’s preconditions for superpower status
Higher GDP per capital than UK and USA in 1980s
World leader in exporting consumer electronics, ICT, cars and industrial machinary
Why is Japan not an established superpower
Property value suddenly dropped in 1989, initiating the collapse of Japanese stock markets
4-6% interest rates encourages saving over spending, slowing the economy
Aging population
Stagnation of market due to more competative industry in South Korea and China
Economic power in South Korea (Positives)
Diversified economy, 15th largest in the world
Highly competative manufacturing and industrial bases
Negative factor in South Korean economy
Dependancy on exports leaves them vunerable to external shocks
Banking system relies on offshore funding