I'd like to keep this as broad as possible, so I won't be focusing on any one particular candidate for the hyperpower in this scenario. Whichever you think is most likely (larger US, united Europe that avoided WW1/2 and maintains their colonies, etc). The only restriction is that this must be a power that is content with its current position, and isn't trying to conquer the rest of the world (so if this hyperpower came about via conquest, it better be chilling out for awhile).
But let us assume that at some point, there is a state/superstate (a highly integrated supranational union, such as federalized EU, would qualify) that maintains a dominant share of global GDP, population, and/or military for several decades (lets say somewhere in the ballpark of 50 years). For reference, for most of the 20th/21st centuries, the US has had 20-30% of global GDP, and a bit above 30% of global military expenditures. What I am proposing is a world in which one power has closer to 50% of these metrics consistently.
What do geopolitics, economics, etc. look like in this world?
But let us assume that at some point, there is a state/superstate (a highly integrated supranational union, such as federalized EU, would qualify) that maintains a dominant share of global GDP, population, and/or military for several decades (lets say somewhere in the ballpark of 50 years). For reference, for most of the 20th/21st centuries, the US has had 20-30% of global GDP, and a bit above 30% of global military expenditures. What I am proposing is a world in which one power has closer to 50% of these metrics consistently.
What do geopolitics, economics, etc. look like in this world?