Tuesday, 19 February 2008

The tides are turning

USA has for some time been the world largest democracy, the world foremost industrial country and the foremost oil power. During the last years and in the near future this is all changing. Other countries are growing at a much mroe rapid pace. Economists has forecasted that China will surpass USA in terms of purchasing power between 2012 and 2015. By 2025 China is set to be the largest economic power in the world. How radical will this change be?

This economic power, the quest for water and raw materials and climate changes will have large consequences. Will this create an imperialistic policy? With China seeking expansion and increased influence?

India is today the world's largest democracy, China is the foremost industrial power and USA is an oil importer. A lot has changed, and it is not finished yet.

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