Power Shifts in the Asia Pacific | other asia pacific
GuestcontributorAlexander Bukh providesanacademicperspectiveonthepowershiftsthatareshapingtheAsia-Pacificregion,whichisthekeyfocusoftheupcoming QSSubjectFocusSummit. [1]IntheaftermathoftheColdWarandthecollapseoftheSovietUnion,theUSbecamethesolesuperpowerwithnootherstatecapableofchallengingitseconomicandmilitarypredominance. Today,theUSmaystillbeenjoyingthestatusofasuperpowerbutthe declineofitsuncontestedhegemony isbeyonddoubt. [2]In2010,ChinasurpassedJapantobecometheworld’ssecondlargestecon...
Guest contributor Alexander Bukh provides an academic perspective on the power shifts that are shaping the Asia-Pacific region, which is the key focus of the upcoming QS Subject Focus Summit. [1]
In the aftermath of the Cold War and the collapse of the Soviet Union, the US became the sole superpower with no other state capable of challenging its economic and military predominance.
Today, the US may still be enjoying the status of a superpower but the decline of its uncontested hegemony is beyond doubt. [2]
In 2010, China surpassed Japan to become the world’s second largest economy. Some economists predict that in the 2020s, China’s GDP will surpass that of the US, becoming the world’s largest economy. [3]
China’s ongoing military modernization has been increasingly seen as a major challenge to the US defense establishment. [4]
The effects of China’s rise are global, but it’s in the Asia Pacific that China’s newly gained economic, military, and ...