Globalization scenarios – challenges and responses

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Globalization Scenarios | COLD PEACE

Scenario

COLD PEACE The West joins forces. The US, Europe and like-minded partners serve as a counterweight to China’s sphere of influence.

STRONG EUROPE REFORMED MULTILATERALISM

WORLD WITH MULTIPLE BLOCS A sovereign EUROPE asserts itself as its own power center next to the US and CHINA (and other regional blocs?)

COLD PEACE

Globalization is not what it used to be; the world is becoming more regional. Yet the US, CHINA and EUROPE compete to reform global governance.

The West joins forces. The US, EUROPE and like-minded partners form a counterweight to CHINA’s sphere of influence.

US – CHINA DECOUPLING/ CONFLICT WORLD IN PERMANENT CRISIS

US-CHINA INTEGRATION/ COOPERATION

G2 The world is dominated by the US and CHINA. EUROPE is no longer a global actor.

The US and CHINA are in permanent conflict. EUROPE is crushed between the two superpowers.

WEAK EUROPE

DESCRIPTION

POLITICAL SYSTEMS Western democracies face off against Chinese authoritarianism

National politics and bilateral relations play a crucial role. The Western democracies (the US, EU and their partners) are confronted with an authoritarian power bloc led by China’s one-party state. The spheres of influence of both major blocs are clearly delineated. Despite its close ties to Western partners, the EU attempts to maintain its relations with China and other regions (e.g. Russia), which becomes a bone of contention for some in the Western alliance.

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Globalization scenarios – challenges and responses by Bundesverband der Deutschen Industrie e.V. - Issuu