An emerging power or rising power is a state or union of states with significant rising influence in global affairs. Such a power aspires to have a more powerful position or role in international relations, either regionally or globally, and possess sufficient resources and levels of development that such goals are potentially achievable.
There are few available conceptualizations of the term "emerging power". Therefore, there is no standard or agreed method to decide which states are emerging powers. However, a fundamental characteristic of an emerging power is that it is also an emerging economy, being that economic development is necessary and preliminary to political and military emergence. It has been argued that while a country may be an emerging power, it is above anything else an emerging economy with only the potential or hope of increasing their global influence. This is because of several limiting factors, largely the seven dimensions of state power: geography, population, economy, resources, military, diplomacy, and national identity. Traditionally, only great powers or superpowers have succeeded in all seven dimensions of state power.
The BRICS are often cited as being emerging powers, but at varying stages of development and of varying degrees of potential. For example, Russia, which was once a superpower, is now re-emerging in some aspects of state power following the fall of the Soviet Union. China and India are emerging as potential superpowers, while Brazil is emerging as a possible great power.
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BRICS is a grouping of the world economies of Brazil, Russia, India, China, and South Africa formed by the 2010 addition of South Africa to the predecessor BRIC. The original acronym "BRIC", or "the BRICs", was coined in 2001 by Goldman Sachs economist Jim O'Neill to describe fast-growing economies that would collectively dominate the global economy by 2050. The BRICS have a combined area of and an estimated total population of about 3.21 billion, or about 26.7% of the world's land surface and 41.
A potential superpower is a state or other polity that is speculated to be—or to have the potential to soon become—a superpower. Currently, only the United States fulfills the criteria to be considered a superpower. However, the United States is no longer the only uncontested foremost superpower and the world's sole hyperpower to dominate in every domain (i.e. military, culture, economy, technology, diplomatic). Since the 1990s, China, the European Union, India, and Russia have been described as potential superpowers.
In international relations, since the late 20th century, the term "regional power" has been used for a sovereign state that exercises significant power within a given geographical region. States that wield unrivaled power and influence within a region of the world possess regional hegemony. Regional powers shape the polarity of a regional area. Typically, regional powers have capabilities which are important in the region, but do not have capabilities at a global scale. Slightly contrasting definitions differ as to what makes a regional power.
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