Changes in the balance of power in international relations:analysis of potential with a perspective until 2025−2030 Cover Image

Zmiana układu sił w stosunkach międzynarodowych: analiza potencjałów z perspektywą do lat 2025−2030
Changes in the balance of power in international relations:analysis of potential with a perspective until 2025−2030

Author(s): Lech Smolaga, Mateusz Smolaga
Subject(s): Politics / Political Sciences, Politics, Economy, Supranational / Global Economy, Political Sciences, International relations/trade
Published by: Instytut Studiów Politycznych PAN
Keywords: balance of power; world economy; United States; European Union; China

Summary/Abstract: This article focuses on the political effects of ongoing shifts in the world economy. Using various indicators, including shares in the global Gross Domestic Product, expenditures on research and development, external balance on goods and services, and military expenditures, the authors present how the positions of major powers in international relations (the United States, the European Union and its countries, Japan, China, and Russia) have changed over the last few decades. Current data and the extrapolation of trends reveal that we are witnessing significant changes in economic power across the world. This has undoubtedly exacerbated existing tensions in international politics. The text tests the hypothesis that a weakening of the major economies of the global North (the US, EU, and Japan), and related shift in the balance of power, are driving the world towards the existence of a multi-polar international system.

  • Issue Year: 73/2020
  • Issue No: 3
  • Page Range: 69-106
  • Page Count: 38
  • Language: Polish