![]() ![]() This approach predicts war and dispute outcomes involving great powers over the past 200 years more accurately than those that use gross indicators of power. ![]() A sounder approach accounts for these costs by measuring power in net rather than gross terms. As a result, standard indicators exaggerate the wealth and military power of poor, populous countries, such as China and India. Most studies evaluate countries’ power using broad indicators of economic and military resources, such as gross domestic product and military spending, that tally their wealth and military assets without deducting the costs they pay to police, protect, and serve their people. ![]() Power is the most important variable in world politics, but scholars and policy analysts systematically mismeasure it.
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