Contemporary Centers of Power v2
Contemporary Centers of Power v2
Centers of Power
SYLLABUS – CBSE
INTRODUCTION
• End of Bipolar structure lead US dominance in World Politics
• New alternative centers of powers started emerging that could limit
America’s dominance
EUROPE ASIA
CHINA as emerging
power
Political &
Economic
Union
28
Single
Member
Currency
States
EU
Cooperati
on on Common
Justice & Security
Home Policy
Affairs
Common
Foreign
Policy
FORMATION OF EUROPEAN UNION
1947
• American extended massive financial help
under MARSHALL PLAN
1992
• EUROPEAN UNION – Treaty of Maastricht
(7th Feb 1992)
Key Developments in EU formation
Schengen Agreement –
1985
BREXIT – Referendum in
Britain (2016)
ECONOMIC INFLUENCE OF EU
• Currency Euro (€) posed threat to the dominance of the US Dollar ($)
• EU’s combined armed forces are the 2nd largest in the world
T V C L I P of M B B S
Thailand Cambodia Indonesia Malaysia Brunei
ASEAN REGIONAL
FTA : Free Trade Environment
FORUM (ARF)
Area Sustainability
established in 1994
CHINA (People Republic of China)
• Capital : Beijing
• Currency: Chinese Yuan
• Location: country of East Asia
• President : Xi Jinping
• Flag:
• National Emblem:
Environment
Economic Degradation
Inequality
JAPAN – AN ALTERNATIVE CENTRE
OF POWER
• Japan emerged as an economic power after its defeat in 2nd World
War
• It is the 4th largest military power in the world
• Only Asian Member of Group G8
• It is 2nd largest contributor to the UN Budget
• It has a security alliance with USA since 1951
• Center of technological developments
• Became a member of Organization for Economic Operation &
Development (OECD) in 1964
SOUTH KOREA
• The Korea peninsula was divided into North Korea and South Korea at the
end of 2nd World War along the 38th Parallel
• The Korean War during 1950 intensified the rivalries between the North and
the South
• Both the Korean nations became the members of UN on 17th Nov, 1991
• South Korea emerged as a power in Asia which is termed as “Miracle on
Hand River”
• Member of OECD – 1996
• 18th Rank in Human Development due to successful land reforms, rural
development, export orientation, effective institutions & governance and
public infrastructure development.