United States Global Leadership
United States Leadership
Name
Institution Affiliation
Date
United States Global Leadership
Abstract
World powers pass the social, political and economic leadership from each other. Inheritance comes in line with the desire to control various changes in the information age. Power is something that man would prefer not to detach from, not now, and not in the near future. The current global leader is United States. The country has used its vast military, technological and economic power to become a leader in international markets. This research will prove that United States leadership in the international market can be short-lived.
United States a leader of International Markets
United States is a principal player in the Organization for Economic Co-operation and Development (OECD) which top of its involvment is the ambitious Programme for International Students Assessment (PISA). PISA provides assistance to 15-year-old school pupils’ scholastics performance on mathematics, reading and science. The program was first implemented in the year 2000 and has been implemented in a periodical calendar of the 3 years. Over 70 countries are currently participating in PISA global initiatives. The 2009 PISA initiative saw over 470,000 students from 65 different countries in five continents participate in the events. However, it should be noted that the technical and logical development United States has enabled the country to be the main player in PISA initiatives.
I strongly believe that these rankings have a great impact on USA being the leader in most products. USA has traditionally illuminated the development of most initiatives. Most concerns are in the technology and communication sector. PISA concern is in mathematics and reading. A close example is the application a decisive technology; for example, computer engineering. USA has been a traditional leader in most technologies especially in mobile computing. Apple iPhone was vastly copied by rival Samsung, HTC or Sony, which are not American based. Furthermore, the operating system, which runs on the Samsung, HTC or Sony, Google Android, is from the US, plus a dozen of other operating systems. This signifies that US is a crucial leaders in international markets
United States is a close leader among international franchises and controls 80 percent of entire international market. The country is followed closely by Japan at 8 percent, France 4 percent and Britain at 4 percent and others at 2 percent. Additionally, US franchises are expected to grow since the venture has proven reliable through the expanded usage of the dollar. Franchises and direct foreign investments constitute the central part of the U.S global leadership. United States companies are capable of adapting to different market environments. In relation to the PISA initiative, it is notable that business, production, technology and market environment enables the proper competitiveness of USA globally. PISA initiatives will further expand the commitment of USA as a global leader.
United States should get concerned about India and China
In the next one decade, United States should be concerned with India and China. These two countries have proven receptive and resilient to global problems. For one, China is a permanent member of the five members Security Council. China and India emergence as economic power raises concern on whether the congress should consider China as a potential threat especially in relation to PISA initiatives. From the main street to Wall Street, China and India have adopted the American economy and studies it to understand how it operates. India is currently the leading largest outsourcing industry, and this is no good news for the U.S.
Analyst assesses that in the near future, India and China will replace the U.S as the largest economy and exporters. In contrast, India and China economic rise are viewed as American decline. These countries are enjoying the unlimited pool of low-cost of labor, which provides a competitive threat to U.S manufacturing and is primarily blamed for bankruptcies of American firms and relocation to China, on shoring, Job losses and Stagnant U.S wages. Currently, China and India are manufacturing sophisticated products, which are meeting international markets competitively. Secondly, China is pursuing competitive economic policies. For instance, the Chinese pegging policy is a deliberate policy meant to make Chinese exports appeal cheaper to world markets. Inversely, most of these policies are discouraging exports thus China and India is practicing direct dumping and promote the development of various industries in China. Most of these companies are already invading the American production. Currently, there are over fifty Chinese companies setting up shops in US which are listed in U.S financial markets; for instance, NASDAQ.
Additionally, Chinese and India increased demand for Oil and Raw materials drives up prices. Oil is a vital product for traditional global leaders. However, China has invaded this product and China is slowly replacing the United States as the largest importer of Oil in the Middle East. The issue of Intellectual Property Rights (IPR) is proving dangerous to America. Recently, Apple blamed Samsung for copying feature to feature of its products. Although Samsung operates in South Korea, the Research and Development department is inspired by Chinese business ideologies. Finally, China and India have the large holding of U.S treasury securities. That is not good news coming from a competitor. In summary, United States should get concerned about these countries since they are gaining influence daily. These countries are reaching an extra mile to erode United States from the global market.
Conclusion
Market leadership is a central concern for emerging powers. In the light with this, the above research has established that; although United States has a higher chance in dominating the international market, the situation could be short-lived since China and India are emerging broadly. The research has further proved that China and India dominion in finance, technology and manufacturing sector is primarily responsible for their increased performance in the global market.
