A rapid shift in global balance of power has occurred since the end of the Cold War
The number of emerging nations have increased and hegemonic status of the US is not certain in the future
The US is still dominant in terms of economic and military power, its soft powers are not as influential as in the past
-> In 2030 it is predicted that China's economic status will almost have surpassed the US
China has also announced plans to modernise China's military by 2035
The use of soft power is also an area that China is increasingly focussed on, promoting Chinese language, educational exchanges and the expansion of the media
It is unlikely that China will yet have the political and cultural influence to challenge the hegemonic status of the US
-> In 2050 there may be significant changes in the balance of powers
The world may be bi-polar with the US and China as the opposing superpowers
Alternatively it may be a multi-polar world with other emerging powers such as India and the EU achieving similar levels of power
-> It is not possible to accurately predict the changes as world events are unpredictable - recent events that may impact on the balance of power include;
Russia's invasion of Ukraine and the ongoing conflict
Brexit - the UK leaving the EU may weaken the power and influence of the union