The Manifestation of Power: An Analysis of Ten Best Economies of the World
Stefan Topliceanu
A chapter in Organizations and Performance in a Complex World, 2021, pp 345-358 from Springer
Abstract:
Abstract The power manifestation within the world economy creates many debates due to its various forms of definitions and implications. In a multipolar world, power is shared between states and international non-state actors. The phenomenon determines the need to know the intensity with which each actor influences the world economy. This study seeks to respond to this dilemma from states perspective, extending the comparison between the best ten economies of the world according to Gross Domestic Product classification. The analyze is meant to reflect the power by various dimensions, starting with economic and financial, continuing with investments, labor market and social aspects, and finishing with commercial, migration and military. Even if Chinese economy has the highest value of GDP based on purchasing power parity, the competition for power manifesting between China and United States is in a low level, as the finding of this research reveals.
Keywords: Economic competition; The United States supremacy; Multipolar power; The Chinese economy (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-3-030-50676-6_28
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DOI: 10.1007/978-3-030-50676-6_28
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