Topic > Global Power Dynamics - 2351

Introduction During the Cold War era, the global power structure was “characterized by strategic bipolarity” (Sorensen 2004: 124). After the disintegration of the Soviet Union, the global power structure transformed into a unipolar world under the control of the United States. As Germany and Japan developed, scholars, analysts, and observers predicted a decline in American power and a return to a multipolar world. In recent years, the BRICs have been considered a new power in the global issue. Due to its rapid and successful development, China has constantly been placed in the spotlight. The global economic crisis that occurred in 2007 not only damaged the American economy but also its international image. We have seen the vulnerability of the American economy and the failed role of accountability in the economic crisis. At the same time, being a large economy, China is the only country that recovers in the shortest possible period. China's recovery also contributes to the recovery of the regional and global economy. After the global economic crisis, the most important thing is that China has reduced the economic distance from America; China has built a "powerful" image in the world. So this image carries with it the view that China is becoming another superpower in the world; America can no longer dictate to the entire world. Based on this vision, the global power structure is emerging “a G2 structure: China and the United States” (Stelzer 2009). This article aims to analyze this G2 hypothesis. Is this the true global power structure in the world today? How does the crisis affect the State? Does the global economic crisis bring power only to China? Where will the power structure be next? The transformation of the new power The powerful Ch...... middle of paper...... Weekly Standard, vol. 13, Issue 46, August 25, 2008. http://www.weeklystandard.com/Utilities/printer_preview.asp?idArticle=15426&R=162C82AAEDRoberts, Cynthia, “Polity Forum: Challengers or Stakeholders? The BRICs and the liberal world order”, Polity, vol. 42, no. 1, 2010.Sorensen, Georg, “The transformation of the state. Beyond the Myth of Retreat”, London: Palgrave/Macmillan, 2008.Stelzer, Irwin, “The real action will be at the G2: China and the United States”, The Sunday Times, 29 March 2009.http://business. timesonline.co.uk/tol/business/columnists/article5993143.eceMastanduno, Michael, ''System Maker and Privilege Taker: US Power and the International Political Economy'', World Politics 61, January 2009.Wade, Robert (2008), “Change of the financial regime? New Left Review,” 53, September-October 2008. Zakaria, Fareed, “The Rise of the Rest,” Newsweek, May 12, 2008.