The Right Coast

Editor: Thomas A. Smith
University of San Diego
School of Law

A Member of the Law Professor Blogs Network

Wednesday, May 22, 2013

U.S. power: Down but still unrivaled | The Great Debate

To get a better understanding of the world’s “balance of economics,” we developed a new measure of economic power. What it shows is that U.S. power has declined from its peak in 2000 by roughly one-fourth, yet remains unrivaled.  China is surging, to be sure, but has just one-third of the economic power of the U.S. Europe is sluggish, while Japan, South America’s big three economies and India are not even close to their potential.


| Permalink