The coming decade will be a turning point for the global economy. The US is debating how and whether to try to maintain its global leadership role. China is leveraging its economic strength to reshape existing international institutions, as well as to extend its influence in ways that shift the global balance of political and economic power. The EU is struggling to hold itself, and its place in the international system, together.
This paper is intended to help readers better understand the drivers behind these critical relationships and their potential implications for the global economy over the next five years.