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Economic power. Economic power refers to the ability of countries, businesses or individuals to improve living standards. It increases their ability to make decisions on their own that benefit them. Scholars of international relations also refer to the economic power of a country as a factor influencing its power in international relations. [1]
Biobased economy, bioeconomy or biotechonomy is economic activity involving the use of biotechnology and biomass in the production of goods, services, or energy. The terms are widely used by regional development agencies, national and international organizations, and biotechnology companies. They are closely linked to the evolution of the ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 3 November 2024. List of great powers from the early modern period to the post cold war era This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. Find sources: "List of modern ...
Why Nations Fail: The Origins of Power, Prosperity, and Poverty, first published in 2012, is a book by economists Daron Acemoglu and James A. Robinson, who jointly received the 2024 Nobel Economics Prize for their contribution in comparative studies of prosperity between nations. [1] The book applies insights from institutional economics ...
India’s economy was worth $3.7 trillion in 2023, making it the world’s fifth largest, having jumped four spots in the rankings during Modi’s decade in office. The South Asian giant’s ...
Superpower. Superpower describes a sovereign state or supranational union that holds a dominant position characterized by the ability to exert influence and project power on a global scale. [1][2][3] This is done through the combined means of economic, military, technological, political, and cultural strength as well as diplomatic and soft ...
An emerging power or rising power is a sovereign state or union of states with significant rising influence in global affairs. Such a power aspires to have a more powerful position or role in international relations, either regionally or globally, and possess sufficient resources and levels of development that such goals are potentially achievable.
The shift, whenever it came, would signal that a new economic superpower was ready to challenge US influence everywhere in the world. ... Japan, at least, had become a rich country by then. China ...