The Future of American and Chinese Economic Power
Harvard University Professor Joseph Nye on predictions that China will replace the United States as the supreme global power sometime in the 21st Century.
Description
Harvard University Professor Joseph Nye on predictions that China will replace the United States as the supreme global power sometime in the 21st Century.
Bell Ringer Assignment
- Describe Professor Nye’s response to the argument that the United States is in “absolute decline.” What examples does he cite to support his argument?
- Explain Professor Nye’s views on the U.S. being in “relative decline.”
- What measure do most people use when they argue that China will surpass the United States? Why does Professor Nye argue this is an inaccurate measure?
- What are the three dimensions of power according to Professor Nye?
- Describe the other measures of economic power other than Gross Domestic Product. Explain how these relate to China and the United States in terms of economic power.
Participants
Vocabulary
- Biotechnology
- Exchange Rates
- Extrapolation
- Gross Domestic Product
- Information Technology
- International Energy Agency
- International Monetary Fund
- Nanotechnology
- Per-capita Income
- Purchasing Power Parity
- Research And Development
- Value Added