Globalization Will Dominate 21st Century.

PositionBrief Article

Political democracies and market-based economies will proliferate in countries worldwide as globalization continues in the coming century, predicts Donald Snow, professor of political science, University of Alabama, Tuscaloosa. "The 21st century will be another `American century,' with the United States continuing to dominate world affairs."

China may become increasingly important as an economic power, he suggests. "If China and Taiwan mend fences, the combination of Taiwan's money and expertise and China's labor force could lead to a strong, economic force. However, it will be imperative that the next generation of Chinese leadership renounce the monopoly and power of the Chinese Communist Party, because the global economy requires a market economy and political democracy."

While most of the world prospers, some regions will be conspicuously left out. "Economic relationships between nations will continue to develop in the next few decades, to the benefit of most of the world, but some parts of...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT