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Economic Super Powers

The economic landscape of the world is changing rapidly. The nations which were once categorized as developing are now swiftly emerging with eminent powers and are posing a threat to the already existing superpowers of the world. A superpower is a nation which has both the capacity and the capability of projecting its dictating influence and power on any place all across the planet. Another definition suggests that a nation having a leading position in the global system in addition to the ability to dominate is a superpower.

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