Expected World Order In 2050 And Beyond : It is more likely to be expected that ongoing multi-polar world order will be lead by China in near future because of her pragmatic prudent leadership's geo-political and geo-economical concerns. In contemporary era, US is enlisted in leading economies and also have strongest defense in the world. But US highest growth is now threatening by the expenses on maintenance of that level. For instance, luxurious lifestyle needs bulk of dollars to live in that competitive environment, eventually it leads to the fall of nation in few decades due to the mismanagement of resources. According to cyclical theory of rise and fall of civilization, every nation has to be fall after every 200 years because of luxury life style which would most probably result in class division, Inequality and then emergence of rebellion groups/classes.
The one who favor the state with progressive economy, military and even culture will become the global leading power. Currently, US is having dynamic culture, strengthened military with their military support to many of the European and some Asian countries. In comparison with other nation states, specially china the emerging global power, US is providing providing their citizens more liberal values and freedom. It is beneficial to extract the maximum benefits from them for the sake of State.
In modern world with the use of technological inventions I.e instruments, machines and defensive weapons, E7 ( Group of great emerging economies i.e China, India, Brazil, Turkey, Russia, Mexico and Indonesia ) states are seeming to derive a multi polar world where there will be no concept of Hegemon. All states and Leading nations will deal with flexible attitude in win-win situations. That world order will be much cohesive and cooperative. There is a big reason behind these liberal values that all the nations will acknowledge the historic results of nations who adopted the luxurious lifestyle and ultimately lead down.
In current world great power politics, Only Chinese nation is challenging the uni-polar and hegemonic US in geo-economical aspects by expanding her influence in Asia, Europe and Africa through Belt Road Initiative (BRI). Her main concern isn’t to achieve the hegemonic power but to enhance the living standards of all the states citizen connected to their own initiated mega projects. It is much expected that she will lead the emerging nations with non-coercive cooperation.
Over the next forty years, low and middle income countries in Asia and Latin America will become an immensely powerful force in the world economy. The United States will remain a critical player, but will cede at least partial authority to China. To retain its leadership position, Europe must become more cohesive as its growth slows. International institutions, long governed by the traditional Western powers, will be forced to adjust to this new global economy. Managing this transition will not be easy in the best of circumstances. Policy makers in capitals from Washington to Beijing to Delhi, Berlin, Tokyo, and Moscow will have to evolve towards very different mindsets, some from superpower status to a shared leadership, others from underdevelopment to great influence. All will be called upon to acquire a more open-minded and collaborative outlook to tackle the planet’s shared problems, such as climate change. International institutions will need to evolve to adapt to the redistribution of economic power and to tackle even more complex challenges of coordination. Globalization and the spread of technology, may be interrupted, but are unlikely to be stopped or reversed.