A New Uncertainty on the Global Stage

At different times over the last 200 years, rapid economic growth due to the Industrial Revolution led to new countries emerging as power players on the global stage. In the 19th century, longtime dominant countries like China were vanquished by smaller rising powers like Britain, while in the 20th century others—namely Germany and Russia—were able to overcome devastating losses in World War I to roar back to the world stage as military powers.

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