Europe’s Power to Lead
Lacking in military "hard" power, Europe is often underestimated as a global player. But European countries' success in overcoming centuries of animosity, and the development of a large internal market, has given them a great deal of soft power, with the world's aspiring democracies looking to the EU for leadership.
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CAMBRIDGE -- At this year’s World Economic Forum in Davos, the buzz was about Asia’s growing power. One Asian analyst argued that by 2050, there will be three world powers: the United States, China, and India. He did not mention Europe, but underestimating Europe’s power is a mistake.