By 2050, more countries are likely to be defined as superpowers, joining the United States and creating a multipolar world order. Extrapolating current economic, geopolitical, and demographic trends would suggest that China is likely to become a new superpower, although its economy is currently faltering.
Political experts have also considered India as one of the possible emerging superpowers of the world along with China, Brazil, Russia, and the European Union. Currently, only the United States fulfills the criteria to be considered a global superpower.
Australia can become a renewable superpower provided it doesn't have to waste too much energy moving stuff around. Most of the energy in the world is used to move products and people from one place to another. And that is one of the main reasons that has led to increases in emissions during the era of globalisation.
India is quietly laying claim to economic superpower status. In 2022, India overtook UK as the world's fifth biggest economy – and it could be third by 2030 as per several economists. India is undergoing a massive social,economic and governance transformation.
While challenges remain, most experts believe that China will be the new superpower by 2050. China GDP in 2050 is expected to be around $58.5 trillion.
The GFP index denotes Australia as a Top 20 world power. For 2023, Australia is ranked 16 of 145 out of the countries considered for the annual GFP review. The nation holds a PwrIndx* score of 0.2567 (a score of 0.0000 is considered 'perfect'). This entry last reviewed on 01/05/2023.
Australia has strong competitive advantages in its skills, research base, political and legal institutions and high standards of living. Since 1992, the growth of the Australian economy has continued to outpace every other major developed economy.
Ranked 6 of 26 for comprehensive power, with an overall score of 30.8 out of 100. Lost 1.6 points (−5% change) in overall score in 2021.
Africa and the Arab World will shape our future, while Europe and Asia will recede in their influence. By the end of the century, the world will be multipolar, with India, Nigeria, China, and the US the dominant powers. This will truly be a new world and one we should be preparing for today.”
The Most Desired Superpower in Every U.S. State
Healing Ability, or the power to heal yourself and others, came out on top in 20 of the remaining states. The latter was also the most popular overall, according to 24% of respondents.
By 2050 , the world's population will exceed at least 9 billion and by 2050 the population of India will exceed that of China. By 2050, about 75% of the world population will be living in cities. Then there will be buildings touching the sky and cities will be settled from the ground up.
The Emeritus Chair in Strategy at CSIS is circulating a major update of its working draft of a graphic overview of the comparative strength of the world's three major powers: The United States, China, and Russia.
Australia is now home to 2.2 million millionaires, according to a new study. Half of all Australians in 2021 had more than $400,000 in wealth. It means we have the highest median wealth of all the countries studied.
This definition includes Australia & New Zealand, the developed countries of Asia (South Korea, Japan, Singapore, and Taiwan), and the wealthy countries of North America and Europe, particularly Western Europe.
Section 61 provides: The executive power of the Commonwealth is vested in the Queen and is exercisable by the Governor-General as the Queen's representative, and extends to the execution and maintenance of this Constitution, and of the laws of the Commonwealth.
As a result, six of the seven largest economies in the world are projected to be emerging economies in 2050 led by China (1st), India (2nd) and Indonesia (4th) The US could be down to third place in the global GDP rankings while the EU27's share of world GDP could fall below 10% by 2050.