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Asia Power Index
The Asia Power Index is an index that measures resources and influence to rank the relative power of states in Indo-Pacific, published by the Lowy Institute annually from 2018. The Index ranks 26 countries and territories. The United States takes the lead on ''military capacity'', ''cultural influence'', ''resilience'', ''future resources'', ''diplomatic influence'', and ''defense networks'', while China takes the lead in two parameters: ''economic capability'' and ''economic relationships''. Methodology The index evaluates international power Engie Energy International, formerly International Power, is a multinational electricity generation company headquartered in Newcastle upon Tyne, and a wholly owned subsidiary of the French company Engie (formerly GDF Suez). The company was form ... in Asia through 128 indicators across eight thematic measures: Eight thematic measures are as follows: (Percent in parentheses indicates weighting) *Resources **Economic capability (17.5%) ** ...
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Power (international Relations)
In international relations, power is defined in several different ways. Material definitions of state power emphasize economic and military power. Other definitions of power emphasize the ability to structure and constitute the nature of social relations between actors. Power is an attribute of particular actors in their interactions, as well as a social process that constitutes the social identities and capacities of actors. International relations scholars use the term polarity to describe the distribution of power in the international system. Unipolarity refers to an international system characterized by one hegemon (e.g. United States in the post-Cold War period), bipolarity to an order with two great powers or blocs of states (e.g. the Cold War), and multipolarity refers to the presence of three or more great powers. Those states that have significant amounts of power within the international system are referred to as small powers, middle powers, regional powers, great pow ...
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Indo-Pacific
The Indo-Pacific is a vast biogeographic region of Earth. In a narrow sense, sometimes known as the Indo-West Pacific or Indo-Pacific Asia, it comprises the tropical waters of the Indian Ocean, the western and central Pacific Ocean, and the seas connecting the two in the general area of Indonesia. It does not include the temperate and polar regions of the Indian and Pacific oceans, nor the Tropical Eastern Pacific, along the Pacific coast of the Americas, which is also a distinct marine realm. The term is especially useful in marine biology, ichthyology, and similar fields, since many marine habitats are continuously connected from Madagascar to Japan and Oceania, and a number of species occur over that range, but are not found in the Atlantic Ocean. The region has an exceptionally high species richness, with the world's highest species richness being found in at its heart in the Coral Triangle, and a remarkable gradient of decreasing species richness radiating outward in al ...
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Lowy Institute
The Lowy Institute is an independent think tank founded in April 2003 by Frank Lowy to conduct original, policy-relevant research about international political, strategic and economic issues from an Australian perspective. It is based in Sydney, Sydney, New South Wales, Australia. While the institute has alternatively been described as "neoliberal","Lowy Institute,"
SourceWatch. Retrieved 26 December 2019
"centre-right" leaningBarro, Christiane
"The think tanks shaping Australia The Lowy Institute,"
''The New Daily,'' retrieved 26 December 2019
or "reac ...
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United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. The United States is also in free association with three Pacific Island sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Republic of Palau. It is the world's third-largest country by both land and total area. It shares land borders with Canada to its north and with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 million, it is the most populous country in the Americas and the third most populous in the world. The national capital of the United States is Washington, D.C. and its most populous city and principal financial center is New York City. Paleo-Americ ...
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China
China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and borders fourteen countries by land, the most of any country in the world, tied with Russia. Covering an area of approximately , it is the world's third largest country by total land area. The country consists of 22 provinces, five autonomous regions, four municipalities, and two Special Administrative Regions (Hong Kong and Macau). The national capital is Beijing, and the most populous city and financial center is Shanghai. Modern Chinese trace their origins to a cradle of civilization in the fertile basin of the Yellow River in the North China Plain. The semi-legendary Xia dynasty in the 21st century BCE and the well-attested Shang and Zhou dynasties developed a bureaucratic political system to serve hereditary monarchies, or dyna ...
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Superpower
A superpower is a state with a dominant position characterized by its extensive ability to exert influence or project power on a global scale. This is done through the combined means of economic, military, technological, political and cultural strength as well as diplomatic and soft power influence. Traditionally, superpowers are preeminent among the great powers. While a great power state is capable of exerting its influence globally, superpowers are states so influential that no significant action can be taken by the global community without first considering the positions of the superpowers on the issue. The term was first applied in 1944 during World War II to the United States, the United Kingdom, and the Soviet Union. During the Cold War, the British Empire dissolved, leaving the United States and the Soviet Union to dominate world affairs. At the end of the Cold War and the dissolution of the Soviet Union in 1991, the United States became the world's sole superpower. ...
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Middle Power
In international relations, a middle power is a sovereign state that is not a great power nor a superpower, but still has large or moderate influence and international recognition. The concept of the "middle power" dates back to the origins of the European state system. In the late 16th century, Italian political thinker Giovanni Botero divided the world into three types of states: ''grandissime'' (empires), ''mezano'' (middle powers), and ''piccioli'' (small powers). According to Botero, a ''mezano'' or middle power "has sufficient strength and authority to stand on its own without the need of help from others."Rudd K (2006Making Australia a force for good ''Labor eHerald'' Countries History and definition No agreed standard method defines which states are middle powers, aside from the broad idea that middle powers are states that have a 'moderate' ability to influence the behaviour of other states, in contrast to small power, which have 'little' ability to influence. Some r ...
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Small Power
The international system is for the most part made up by small powers or small states. While a small power in the international system may never equal or surpass the effect of larger powers, they can nevertheless influence the workings of the international system together with others. The formalization of the division between small and great powers came about with the signing of the Treaty of Chaumont in 1814. Before that the assumption had been that all independent states were in theory equal regardless of actual strength and responsibilities. According to a 2017 review study, "What scholars can agree on is that small states generally prefer multilateralism as both a path to influence and a means to restrain larger states. Studies of influential small states indicate that they are able to develop issue-specific power to make up for what they lack in aggregate structural power. Small states can, therefore, develop power disproportionate relative to their size on the few issues ...
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Major Powers
A great power is a sovereign state that is recognized as having the ability and expertise to exert its influence on a global scale. Great powers characteristically possess military and economic strength, as well as diplomatic and soft power influence, which may cause middle or small powers to consider the great powers' opinions before taking actions of their own. International relations theorists have posited that great power status can be characterized into power capabilities, spatial aspects, and status dimensions. While some nations are widely considered to be great powers, there is considerable debate on the exact criteria of great power status. Historically, the status of great powers has been formally recognized in organizations such as the Congress of ViennaDanilovic, Vesna. "When the Stakes Are High – Deterrence and Conflict among Major Powers", University of Michigan Press (2002), pp 27, 225–22(PDF chapter downloads)
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Economy Of Asia
The economy of Asia comprises more than 4.5 billion people (60% of the world population) living in 49 different nations. Asia is the fastest growing economic region, as well as the largest continental economy by both GDP Nominal and PPP in the world. Moreover, Asia is the site of some of the world's longest modern economic booms, starting from the Japanese economic miracle (1950–1990), Miracle on the Han River (1961–1996) in South Korea, economic boom (1978–2013) in China, Tiger Cub Economies (1990–present) in Indonesia, Malaysia, Thailand, Philippines, and Vietnam, and economic boom in India (1991–present). As in all world regions, the wealth of Asia differs widely between, and within, states. This is due to its vast size, meaning a huge range of different cultures, environments, historical ties and government systems. The largest economies in Asia in terms of PPP gross domestic product (GDP) are China, India, Japan, Indonesia, Turkey, South Korea, Saudi Arabia, Iran, ...
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Economic Indicators
An economic indicator is a statistic about an economic activity. Economic indicators allow analysis of economic performance and predictions of future performance. One application of economic indicators is the study of business cycles. Economic indicators include various indices, earnings reports, and economic summaries: for example, the unemployment rate, quits rate (quit rate in American English), housing starts, consumer price index (a measure for inflation), Inverted yield curve, consumer leverage ratio, industrial production, bankruptcies, gross domestic product, broadband internet penetration, retail sales, price index, and money supply changes. The leading business cycle dating committee in the United States of America is the private National Bureau of Economic Research. The Bureau of Labor Statistics is the principal fact-finding agency for the U.S. government in the field of labor economics and statistics. Other producers of economic indicators includes the United State ...
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