Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail
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THE POWERS AND PROSPECTS OF THE UNITED STATES
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United States appears to be a strong power (No. 1 among major countries today) in gradual decline. As shown in the table, the key strengths of the United States that put it in this position are its strong capital markets and financial center, its innovation/technology, its high level of education, its strong military, its reserve currency status, and its high economic output. Its weaknesses are its unfavorable economic/financial position and its large domestic conflicts.
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THE POWERS AND PROSPECTS OF CHINA
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Looking in more detail at the eight key measures of power, China is the largest exporter among major countries.
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