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Americans predict the "7 most powerful countries" in the world over the next 20 years.

  • Writer: CosDream News
    CosDream News
  • Sep 6, 2024
  • 4 min read

Although the United States remains the world's largest economy and is generally considered the only superpower, in recent years, due to geopolitical challenges and a heavy debt burden, an increasing number of countries have been adopting "de-dollarization" policies to reduce dependence on the U.S. and seek a more independent path for development.


Meanwhile, the international influence of countries like China and Russia is rising significantly.

Experts predict that in the coming decades, China's total GDP could surpass that of the United States, becoming the world's largest economy.


It is precisely because of China's rapid rise that Western countries have implemented various restrictive measures to curb its development, but these efforts have not stopped China's steady progress.


However, global situations change rapidly, and ordinary people find it difficult to accurately predict the future world order.

To explore this issue, the U.S. International Institute for Strategic Studies (IISS) released a report on the seven strongest countries over the next 20 years.


So, who are these countries? What advantages do they have in future economic development?


From the current global situation, the United States and China will continue to lead the world economy in the future.

Despite facing many challenges, the U.S. may still retain its superpower status 20 years from now.


Currently, while the U.S. is affected by high inflation and high interest rates, the dollar remains the global reserve currency, and the U.S. economy is resilient, with the power to "print money" still in its hands.


Therefore, experts believe that the U.S. economy will continue to grow at an average annual rate of about 2% and will maintain economic diversity by promoting economic restructuring and encouraging the return of manufacturing and infrastructure construction.

At the same time, the U.S. also occupies a global leading position in technological innovation. In the future, both the government and private sector are expected to continue increasing investment in the tech field to ensure its advantage in multiple high-tech sectors.


China, on the other hand, is expected to become the largest global economy in the next 20 years.


China has already established several long-term development plans aimed at shifting its economy from being dependent on manufacturing to focusing more on domestic demand and the growth of the service sector.

Through policy support to promote consumption upgrades and the growth of the service industry, China is also gradually increasing investment in technological research and development. Notably, China has made significant breakthroughs in areas such as artificial intelligence, 5G, and quantum computing, laying a solid foundation for its future technological competitiveness.


In addition, China's influence in global affairs is increasing. By adhering to the principle of peaceful cooperation, China will continue to promote global economic cooperation and play a more significant role in international leadership.


India's rise cannot be ignored either.


Based on current economic development trends, India may surpass the United States and become the world's second-largest economy in the next 20 years.


Supported by strong domestic demand and a demographic dividend, India boasts one of the fastest-growing economies in the world.

The International Monetary Fund (IMF) predicts that India's annual economic growth rate will remain between 6% and 7% in the future.


Additionally, India has the world's largest and youngest workforce, which provides tremendous potential for manufacturing and economic development.


However, India still faces many challenges in infrastructure construction, and if these issues are resolved, its economy could experience explosive growth.


With India's economic rise, more and more international capital is flowing into the country, especially in manufacturing investment.


If this trend continues, India will hold an increasingly important position on the global economic stage.


Following India are Russia and France.

Although Russia's economic development is heavily dependent on energy exports, its military power remains significant globally.


If Russia can overcome its current economic difficulties, it may still be listed among the global powers in the future.


France, as a key European economy, will also play an essential role in the global economy, leveraging its technological strengths in fields such as aerospace and nuclear energy.


Germany and Japan are the other two economic powerhouses that are expected to excel over the next 20 years. As Europe's largest economy, Germany will continue to lead the world in sectors such as automotive manufacturing and chemical production, thanks to its strong industrial base and technological innovation capabilities.

Additionally, Germany will play a crucial role in the transition to green energy by increasing investment in renewable energy and promoting environmental technology upgrades in the industrial sector.


However, both Germany and Japan face serious challenges related to an aging population, which will affect labor supply and, in turn, limit economic growth.


To address this challenge, Germany and Japan may further relax immigration policies in the future to attract more foreign labor and support sustainable economic development.


In conclusion, the changes in the global landscape over the next 20 years are unpredictable. Although the above-mentioned countries are considered the most promising economic powers, actual development will depend on the policies, economic conditions, and global environment changes in each country.

Who will ultimately dominate the future remains to be seen.

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