Power Shift Analysen

South Korea comes in 10th place of the BPSM-Power-Ranking considering the overall Power Score throughout the period in observation. In terms of Power Shares, South Korea used to rank among the winners; however, the score of the country’s relative Global Power Shares already started to decrease between the 2011-2015 episode.

As already observed in the previous period from 2011 to 2015, Saudi Arabia again lost the largest Share of Power with an average Power Shift Rate of -0.21 between 2016 and 2020, ranking 17th considering the overall Power Shift Rate. On the whole, Saudi Arabia dropped down from 15th to 16th place in the BPSM-Power-Ranking in terms of overall Power Score throughout the period observed.

Australia comes 11th in the BPSM-Power-Ranking in terms of overall Power Score, sharing place with Saudi Arabia in 2020 with a Power Score of 1.82. Looking at the Power Shift Rate (-0.09), Australia comes 14th due to a loss of overall power. Furthermore, Australia turns out to be one of only four countries showing a negative Country Change Rate (-1.12). To concretize, Australia held the third worst country specific development, considering the isolated view of the country’s development.

In terms of the overall Power Score, Canada remains in 13th place of the BPSM-Power-Ranking over the period observed. However, due to a loss in terms of overall Power from 1.84 in 2016 to 1.74 in 2020, the country now ranks 15th considering the Power Shift Rate (-0.098) and 17th as far as the Percentage Power development is concerned (-5.48%).

Throughout the period observed, Brazil’s Power Score has dropped significantly with a Power Shift of -8.75%. However, the country managed to maintain its 13th place in the overall ranking, only showing a slight decrease in its Power Score from 1.82 to 1.66. Surprisingly though, Brazil, generally considered an emerging country, holds the second greatest decrease of its Country Change rate (-2.43%). This can be explained mainly due to decreases in the hard power sectors.

Concerning the overall Power Score Ranking, Turkey comes in 15th place. Turning to the Power Shift Rate and the Percentage of Power Change, Turkey comes in 8th, with a PSR of -0,01 and a percentage of -0.80 in terms of Power Change. With a positive Country Specific Change of 6,83, Turkey comes in 12th place in this respect.

In terms of the overall Power Score, Mexico rises to 16th place of the BPSM-Power-Ranking over the observed period. Moreover, Mexico comes in second in terms of Country Specific Change with a CC of 29.56. Due to a gain in terms of overall Power from 2016 to 2020, the country now ranks 4th, considering the Power Shift Rate (0,05).

Throughout the period observed, Indonesia remained in 17th place of the BPSM-Power-Ranking with an overall Power Score of 1.09. Considering the Power Shift Rate, Indonesia comes in 7th, showing a negative Percentage Power Score development of less than one percent (-0.008).

Throughout the observed period between 2016 and 2020, South Africa remains one of the bottom performers in the BPSM and comes in 19th place, tied with Argentina. South Africa’s Power Share has dropped slightly since the 2019 BPSM update, making the country the weakest of the members (Power Score of 0.46).

Argentina and South Africa remain the bottom performers in the BPSM. The Power Share of both countries has dropped slightly since the 2019 BPSM-update, leaving them as the weakest members of the G19 states with a Power Score of 0.46 each. With a decreasing Country Change Rate of -0.21, Argentina has been unable to pave its way up the ranking and rather seems to be stagnating with a slightly negative trend in terms of its internal country specific development.