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The Role of Economic and Political Power in Preservation of Status-Quo and Markets Integration: A Review

Author

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  • Geogiana Daniela Vlad

    (Valahia University of Târgovişte, Romania)

  • Anda-Ileana Necula

    (Valahia University of Targoviste, Romania)

  • Mihai Mieilă

    (Valahia University of Târgovişte, Romania)

  • Andrei Marcel Manole

    (Valahia University of Târgovişte, Romania)

Abstract

After the end of the Cold War, and until September 11th, 2001, the academic and media sources generally considered that the military power reached its end, considering that the emerging economic power represents the power of the future. During this decade, the United States affirmed itself as the world’s dominant power, having the undisputed role of an economic superpower. This paper tries a brief examination of the concept of economic power, its semantics, and a possible application, at least in theory, to a possible future situation concerning China’s economic growth, as a threat to the current status of the United States. On the other hand, humankind is preparing for “The Great Reset”, towards a total transformation of the actual global status-quo, according to the programs drawn by the world leaders within the UNO and the Davos Economic Forum sessions. The decisions envisage the roadmap in order to deepen the social and economic world integration, aiming the elimination of boundaries, to a “planet village”, depicting unprecedented historical developments.

Suggested Citation

  • Geogiana Daniela Vlad & Anda-Ileana Necula & Mihai Mieilă & Andrei Marcel Manole, 2022. "The Role of Economic and Political Power in Preservation of Status-Quo and Markets Integration: A Review," International Journal of Sustainable Economies Management (IJSEM), IGI Global, vol. 11(1), pages 1-10, January.
    • Handle: RePEc:igg:jsem00:v:11:y:2022:i:1:p:1-10
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