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The Role of Emerging Economic Powers in Global Power Competition

2024-06-10 22:54:23.761000

In the context of contemporary geopolitical conflicts and power blocs, middle powers such as India, Saudi Arabia, Turkey, Iran, South Africa, and Pakistan are assuming a more significant role in international affairs [a05440a0]. These middle powers are becoming increasingly active in both geopolitics and geo-economy and are part of regional organizations like BRICS, SCO, G20, and G77. They possess vital resources and have the ability to influence the balance of power in their respective regions.

The article from Eurasia Review titled 'The Emerging Economic Powers In Major Power Competition – OpEd' discusses the role of emerging economic powers in the major power competition between the United States, China, and Russia [92c60cff]. It highlights that these emerging powers, such as Brazil, Argentina, India, Australia, South Africa, Indonesia, and the UAE, will shape the 21st-century world order. The article emphasizes that these middle powers play an important role in shaping global politics and can bring balance and stability to the international order. However, their tilt towards major powers can lead to regional crises and escalate into a global conflict. The article also mentions the need for multilateral cooperation and the challenges in achieving it. It concludes that emerging powers can influence and reshape the global order but with dominance in the economic sphere by China and the security sphere by the US.

The growing role of middle powers and emerging economic powers in global power competition has implications for the international order and the balance of power. As major powers like the United States, China, and Russia engage in proxy wars and jostle for global outreach, middle powers and emerging economic powers are emerging as key players in shaping the geopolitical landscape. Their ability to balance their interests and exercise their agency in decision-making processes adds complexity to the dynamics of global power competition.

This article from Daily Times provides valuable insights into the evolving role of middle powers and emerging economic powers in the current global geopolitical environment. It highlights the importance of middle powers in influencing the balance of power, their nuanced strategies in aligning their interests, and the significance of Pakistan's role as a middle power in the Afghan crisis and its focus on geo-economic development. The article from Eurasia Review complements this by shedding light on the role of emerging economic powers and their impact on the major power competition between the United States, China, and Russia.

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