Economic Problems:
- SPs look to maintain their dominance in the global economy whilst maintaining the rise of the BRIC and other Asian countries.
- Main competition is to keep up with economic growth and rising GDP in the face of competition.
- As the world develops economic restructuring may be needed on declining primary and secondary industry e.g Detroit and Bolton.
- Major problems: Ageing population, huge debts causing deprivation. SPs deal with increasing government debt. Restructuring economy.
- Political unrest can bring economic problems – will the UK leaving the EU affect the amount of money the EU is getting? Will they still be a contender as an emerging superpower once the UK leaves?
Economic
Cost:
- Maintaining the military can be an economic drain e.g USA spends $600 billion on the military. They also spend money on NASA. All of this helps to maintain hyperpower status but as emerging powers grow, different military will begin to test their status and they may not be able to grow.
- The EU is looking to have it’s own army which may challenge the USA army. Will this be stronger with or without the UK?
Futures:
- Very uncertain
- Possibly a hyperpower or multi-polar world. 2030 is predicted to bring no change but 2050 may see the a bi-polar world at least.