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A potential superpower is a state or a political and economic entity that is speculated to be, or to be in the process of becoming, a superpower at some point in the 21st century. Presently, it is widely considered that only the United States currently fulfills the criteria to be considered a superpower. States most commonly mentioned as being potential superpowers are Brazil, China, the European Union (a supranational entity), India and Russia, based on a variety of factors. Collectively, these five potential superpowers and the United States comprise 66.6% of global nominal GDP, 62.2% of global GDP (PPP), more than one third of the total land area and more than 50% of the world's population.
Predictions made in the past have not been perfect. For example, in the 1980s, many political and economic analysts predicted that Japan would eventually accede to superpower status, due to its large population, huge gross domestic product and high economic growth at that time. Though still the world's third-largest economy as of 2012, Japan has faced an ongoing period of weak growth since the "lost decade" of the 1990s, and has been suffering from an aging population since the early 2000s, eroding its potential as a superpower. The Federative Republic of Brazil is considered by a number of analysts and academics a potential superpower of the 21st century.
In a lecture entitled Brazil as an Emerging World Power, presented at the Mario Einaudi Center for International Studies at Cornell University, Leslie Elliot Armijo has said that "Brazil will soon rise as Latin America's first superpower." Armijo states that "Brazil keeps solidifying itself as leader of its region by launching a series of integration projects," adding also that "as an International actor, Brazil has also taken a larger share of world politics by incrementing its already strong presence in economic initiatives, such as the international Finance Facility and the G20," asserting that "Brazil's rising prominence derives from its solid democratic rule and its strong economy" and concluding that "Soon, we'll have two superpowers in the Western Hemisphere."
A potential superpower is a state or a political and economic entity that is speculated to be, or to be in the process of becoming, a superpower at some point in the 21st century. Presently, it is widely considered that only the United States currently fulfills the criteria to be considered a superpower. States most commonly mentioned as being potential superpowers are Brazil, China, the European Union (a supranational entity), India and Russia, based on a variety of factors. Collectively, these five potential superpowers and the United States comprise 66.6% of global nominal GDP, 62.2% of global GDP (PPP), more than one third of the total land area and more than 50% of the world's population.
Predictions made in the past have not been perfect. For example, in the 1980s, many political and economic analysts predicted that Japan would eventually accede to superpower status, due to its large population, huge gross domestic product and high economic growth at that time. Though still the world's third-largest economy as of 2012, Japan has faced an ongoing period of weak growth since the "lost decade" of the 1990s, and has been suffering from an aging population since the early 2000s, eroding its potential as a superpower. The Federative Republic of Brazil is considered by a number of analysts and academics a potential superpower of the 21st century.
In a lecture entitled Brazil as an Emerging World Power, presented at the Mario Einaudi Center for International Studies at Cornell University, Leslie Elliot Armijo has said that "Brazil will soon rise as Latin America's first superpower." Armijo states that "Brazil keeps solidifying itself as leader of its region by launching a series of integration projects," adding also that "as an International actor, Brazil has also taken a larger share of world politics by incrementing its already strong presence in economic initiatives, such as the international Finance Facility and the G20," asserting that "Brazil's rising prominence derives from its solid democratic rule and its strong economy" and concluding that "Soon, we'll have two superpowers in the Western Hemisphere."
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