Download or read book Hegemonic Stability Theory The Rise and Fall of the US Leadership in World Economic Relations written by Julia Schubert and published by GRIN Verlag. This book was released on 2004-02-29 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2003 in the subject Politics - General and Theories of International Politics, grade: 1,3 (A), Martin Luther University (GPS), course: International Political Economy, language: English, abstract: In the second half of the 20. century the term of “Hegemonic Stability Theory “ was introduced by political scientists such as Stephen Krasner, Robert Gilpin and Robert Keohane to explain the mechanisms of the new economic world order that had been established after the Second World War.1 The main assumption of the theory that a stable liberal economic world order needs a hegemo n was explained with the examples of the British hegemony in the 18. and 19. century and with the example of American hegemony in the postwar years of the second half of the 20. century. This term paper intends to answer the following questions: What is Hegemonic Stability Theory about? How is the shape of the hegemonic system? Why will it decline? The theoretical assumptions will be extended by a closer look at the UShegemony. How was it possible that the US could establish their leadership in the international economic system? What did they do to create a stable global economic order? Of course, the last questions have to answer why the US weakened and why their hegemony eventually declined? How is the situation today? Is there still a hegemon? To answer these questions, the first part of the paper will summarize the main assumptions of the theory. Then, the international economic situation after the Second World War which enabled the US to become the world ́s hegemon will be shortly presented. The following chapters will deal with the establishment of the UShegemony by creating international regimes such as IMF, IBRD and GATT. Finally, the end of the paper will explain how the American hegemony declined and which role it plays in the present international economy. 1 Reinhard Rode. Weltregieren durch Internationale Wirtschaftsorganisationen. Halle, 2001: 24.
Download or read book Birth of Hegemony written by Andrew C. Sobel and published by University of Chicago Press. This book was released on 2012-09-03 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt: With American leadership facing increased competition from China and India, the question of how hegemons emerge—and are able to create conditions for lasting stability—is of utmost importance in international relations. The generally accepted wisdom is that liberal superpowers, with economies based on capitalist principles, are best able to develop systems conducive to the health of the global economy. In Birth of Hegemony, Andrew C. Sobel draws attention to the critical role played by finance in the emergence of these liberal hegemons. He argues that a hegemon must have both the capacity and the willingness to bear a disproportionate share of the cost of providing key collective goods that are the basis of international cooperation and exchange. Through this, the hegemon helps maintain stability and limits the risk to productive international interactions. However, prudent planning can account for only part of a hegemon’s ability to provide public goods, while some of the necessary conditions must be developed simply through the processes of economic growth and political development. Sobel supports these claims by examining the economic trajectories that led to the successive leadership of the Netherlands, Britain, and the United States. Stability in international affairs has long been a topic of great interest to our understanding of global politics, and Sobel’s nuanced and theoretically sophisticated account sets the stage for a consideration of recent developments affecting the United States.
Download or read book The Rise And Fall of British Naval Mastery written by Paul Kennedy and published by Penguin UK. This book was released on 2017-01-26 with total page 592 pages. Available in PDF, EPUB and Kindle. Book excerpt: Paul Kennedy's classic naval history, now updated with a new introduction by the author This acclaimed book traces Britain's rise and fall as a sea power from the Tudors to the present day. Challenging the traditional view that the British are natural 'sons of the waves', he suggests instead that the country's fortunes as a significant maritime force have always been bound up with its economic growth. In doing so, he contributes significantly to the centuries-long debate between 'continental' and 'maritime' schools of strategy over Britain's policy in times of war. Setting British naval history within a framework of national, international, economic, political and strategic considerations, he offers a fresh approach to one of the central questions in British history. A new introduction extends his analysis into the twenty-first century and reflects on current American and Chinese ambitions for naval mastery. 'Excellent and stimulating' Correlli Barnett 'The first scholar to have set the sweep of British Naval history against the background of economic history' Michael Howard, Sunday Times 'By far the best study that has ever been done on the subject ... a sparkling and apt quotation on practically every page' Daniel A. Baugh, International History Review 'The best single-volume study of Britain and her naval past now available to us' Jon Sumida, Journal of Modern History
Download or read book Brazilian Foreign Policy After the Cold War written by Sean W. Burges and published by . This book was released on 2009 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since 1992 - the end of the Cold War - Brazil has been slowly and quietly carving a niche for itself in the international community: that is a regional leader in Latin America. How and why is the subject of Sean Burges' investigations.
Download or read book The Political Economy of International Relations written by Robert G. Gilpin and published by Princeton University Press. This book was released on 2016-03-30 with total page 467 pages. Available in PDF, EPUB and Kindle. Book excerpt: After the end of World War II, the United States, by far the dominant economic and military power at that time, joined with the surviving capitalist democracies to create an unprecedented institutional framework. By the 1980s many contended that these institutions--the General Agreement on Tariffs and Trade (now the World Trade Organization), the World Bank, and the International Monetary Fund--were threatened by growing economic nationalism in the United States, as demonstrated by increased trade protection and growing budget deficits. In this book, Robert Gilpin argues that American power had been essential for establishing these institutions, and waning American support threatened the basis of postwar cooperation and the great prosperity of the period. For Gilpin, a great power such as the United States is essential to fostering international cooperation. Exploring the relationship between politics and economics first highlighted by Adam Smith, Karl Marx, and other thinkers of the eighteenth and nineteenth centuries, Gilpin demonstrated the close ties between politics and economics in international relations, outlining the key role played by the creative use of power in the support of an institutional framework that created a world economy. Gilpin's exposition of the in.uence of politics on the international economy was a model of clarity, making the book the centerpiece of many courses in international political economy. At the beginning of the twenty-first century, when American support for international cooperation is once again in question, Gilpin's warnings about the risks of American unilateralism sound ever clearer.
Download or read book Regionalism in Latin America written by JOSÉ BRICEÑO-RUIZ and published by Routledge. This book was released on 2020-11-18 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: This interdisciplinary edited volume explores the political economy of regionalism in Latin America. It identifies convergent forces which have existed in the region since its very conception and analyses these dynamics in their different historical, geographic and structural contexts. Particular attention is paid to key countries such as Argentina, Brazil and Mexico, as well as subregions like the Southern Cone and Central America. To understand the resilience of regionalism in Latin America, this book proposes to highlight four main issues. Firstly, that resilience is linked to mechanisms of self-enforcement that are part of the accumulation of experiences, institution building and common cultural features described in this book as regionalist acquis. Secondly, the elements and driving forces behind the promotion and expression of the regionalist acquis are influenced and shaped by nested systems in which social processes are inserted. Thirdly, when looking at systems, there is a particular influence by national and global ones, which condition the form and endurance of regional projects. Finally, beyond systems, the book highlights the relevance of agents as crucial players in the shaping of the resilience of regionalism in Latin America. This insightful collection will appeal to advanced students and researchers in international economics, international relations, international political economy, economic history and Latin American studies.
Download or read book After Hegemony written by Robert O. Keohane and published by Princeton University Press. This book was released on 2005-02-28 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a comprehensive study of cooperation among the advanced capitalist countries. Can cooperation persist without the dominance of a single power, such as the United States after World War II? To answer this pressing question, Robert Keohane analyzes the institutions, or "international regimes," through which cooperation has taken place in the world political economy and describes the evolution of these regimes as American hegemony has eroded. Refuting the idea that the decline of hegemony makes cooperation impossible, he views international regimes not as weak substitutes for world government but as devices for facilitating decentralized cooperation among egoistic actors. In the preface the author addresses the issue of cooperation after the end of the Soviet empire and with the renewed dominance of the United States, in security matters, as well as recent scholarship on cooperation.
Download or read book The World in Depression 1929 1939 written by Charles Poor Kindleberger and published by Univ of California Press. This book was released on 1986 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The World in Depression is the best book on the subject, and the subject, in turn, is the economically decisive decade of the century so far."--John Kenneth Galbraith
Download or read book Power Order and Change in World Politics written by G. John Ikenberry and published by Cambridge University Press. This book was released on 2014-08-21 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume brings together leading scholars to analyse the central issues of power, order, and change in world politics.
Download or read book Global Trends 2040 written by National Intelligence Council and published by Cosimo Reports. This book was released on 2021-03 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.
Download or read book A New Foreign Policy written by Jeffrey D. Sachs and published by Columbia University Press. This book was released on 2018-10-02 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this sobering analysis of American foreign policy under Trump, the award-winning economist calls for a new approach to international engagement. The American Century began in 1941 and ended in 2017, on the day of President Trump’s inauguration. The subsequent turn toward nationalism and “America first” unilateralism did not made America great. It announced the abdication of our responsibilities in the face of environmental crises, political upheaval, mass migration, and other global challenges. As a result, America no longer dominates geopolitics or the world economy as it once did. In this incisive and passionate book, Jeffrey D. Sachs provides the blueprint for a new foreign policy that embraces global cooperation, international law, and aspirations for worldwide prosperity. He argues that America’s approach to the world must shift from military might and wars of choice to a commitment to shared objectives of sustainable development. A New Foreign Policy explores both the danger of the “America first” mindset and the possibilities for a new way forward, proposing timely and achievable plans to foster global economic growth, reconfigure the United Nations for the twenty-first century, and build a multipolar world that is prosperous, peaceful, fair, and resilient.
Download or read book Long Cycles in World Politics written by George Modelski and published by Palgrave Macmillan. This book was released on 2014-01-14 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Tragedy of Great Power Politics Updated Edition written by John J. Mearsheimer and published by W. W. Norton & Company. This book was released on 2003-01-17 with total page 572 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A superb book.…Mearsheimer has made a significant contribution to our understanding of the behavior of great powers."—Barry R. Posen, The National Interest The updated edition of this classic treatise on the behavior of great powers takes a penetrating look at the question likely to dominate international relations in the twenty-first century: Can China rise peacefully? In clear, eloquent prose, John Mearsheimer explains why the answer is no: a rising China will seek to dominate Asia, while the United States, determined to remain the world's sole regional hegemon, will go to great lengths to prevent that from happening. The tragedy of great power politics is inescapable.
Download or read book Ancient Chinese Thought Modern Chinese Power written by Yan Xuetong and published by Princeton University Press. This book was released on 2013-08-25 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: From China's most influential foreign policy thinker, a vision for a "Beijing Consensus" for international relations The rise of China could be the most important political development of the twenty-first century. What will China look like in the future? What should it look like? And what will China's rise mean for the rest of world? This book, written by China's most influential foreign policy thinker, sets out a vision for the coming decades from China's point of view. In the West, Yan Xuetong is often regarded as a hawkish policy advisor and enemy of liberal internationalists. But a very different picture emerges from this book, as Yan examines the lessons of ancient Chinese political thought for the future of China and the development of a "Beijing consensus" in international relations. Yan, it becomes clear, is neither a communist who believes that economic might is the key to national power, nor a neoconservative who believes that China should rely on military might to get its way. Rather, Yan argues, political leadership is the key to national power, and morality is an essential part of political leadership. Economic and military might are important components of national power, but they are secondary to political leaders who act in accordance with moral norms, and the same holds true in determining the hierarchy of the global order. Providing new insights into the thinking of one of China's leading foreign policy figures, this book will be essential reading for anyone interested in China's rise or in international relations.
Download or read book U S Role in the World written by Michael Moodie and published by . This book was released on 2019-09-14 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: The U.S. role in the world refers to the overall character, purpose, or direction of U.S. participation in international affairs and the country's overall relationship to the rest of the world. The U.S. role in the world can be viewed as establishing the overall context or framework for U.S. policymakers for developing, implementing, and measuring the success of U.S. policies and actions on specific international issues, and for foreign countries or other observers for interpreting and understanding U.S. actions on the world stage. While descriptions of the U.S. role in the world since the end of World War II vary in their specifics, it can be described in general terms as consisting of four key elements: global leadership; defense and promotion of the liberal international order; defense and promotion of freedom, democracy, and human rights; and prevention of the emergence of regional hegemons in Eurasia. The issue for Congress is whether the U.S. role in the world is changing, and if so, what implications this might have for the United States and the world. A change in the U.S. role could have significant and even profound effects on U.S. security, freedom, and prosperity. It could significantly affect U.S. policy in areas such as relations with allies and other countries, defense plans and programs, trade and international finance, foreign assistance, and human rights. Some observers, particularly critics of the Trump Administration, argue that under the Trump Administration, the United States is substantially changing the U.S. role in the world. Other observers, particularly supporters of the Trump Administration, while acknowledging that the Trump Administration has changed U.S. foreign policy in a number of areas compared to policies pursued by the Obama Administration, argue that under the Trump Administration, there has been less change and more continuity regarding the U.S. role in the world. Some observers who assess that the United States under the Trump Administration is substantially changing the U.S. role in the world-particularly critics of the Trump Administration, and also some who were critical of the Obama Administration-view the implications of that change as undesirable. They view the change as an unnecessary retreat from U.S. global leadership and a gratuitous discarding of long-held U.S. values, and judge it to be an unforced error of immense proportions-a needless and self-defeating squandering of something of great value to the United States that the United States had worked to build and maintain for 70 years. Other observers who assess that there has been a change in the U.S. role in the world in recent years-particularly supporters of the Trump Administration, but also some observers who were arguing even prior to the Trump Administration in favor of a more restrained U.S. role in the world-view the change in the U.S. role, or at least certain aspects of it, as helpful for responding to changed U.S. and global circumstances and for defending U.S. interests. Congress's decisions regarding the U.S role in the world could have significant implications for numerous policies, plans, programs, and budgets, and for the role of Congress relative to that of the executive branch in U.S. foreign policymaking.
Download or read book China s Ascent written by Robert S. Ross and published by Cornell University Press. This book was released on 2015-03-15 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: Assessments of China's importance on the world stage usually focus on a single dimension of China's increasing power, rather than on the multiple sources of China's rise, including its economic might and the continuing modernization of its military. This book offers multiple analytical perspectives—constructivist, liberal, neorealist—on the significance of the many dimensions of China's regional and global influence. Distinguished authors consider the likelihood of conflict and peaceful accommodation as China grows ever stronger. They look at the changing position of China "from the inside": How do Chinese policymakers evaluate the contemporary international order and what are the regional and global implications of that worldview? The authors also address the implications of China's increasing power for Chinese policymaking and for the foreign policies of Korea, Japan, and the United States.
Download or read book International Political Economy written by Benjamin J. Cohen and published by Princeton University Press. This book was released on 2021-07-13 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: The field of international political economy gained prominence in the early 1970s--when the Arab oil embargo and other crises ended the postwar era of virtually unhindered economic growth in the United States and Europe--and today is an essential part of both political science and economics. This book offers the first comprehensive examination of this important field's development, the contrasting worldviews of its American and British schools, and the different ways scholars have sought to meet the challenges posed by an ever more complex and interdependent world economy. Benjamin Cohen explains the critical role played by the early "intellectual entrepreneurs," a generation of pioneering scholars determined to bridge the gap between international economics and international politics. Among them were brilliant thinkers like Robert Keohane, Susan Strange, and others whose legacies endure to the present day. Cohen shows how their personalities and the historical contexts in which they worked influenced how the field evolved. He examines the distinctly different insights of the American and British schools and addresses issues that have been central to the field's development, including systemic transformation, system governance, and the place of the sovereign state in formal analysis. The definitive intellectual history of international political economy, this book is the ideal volume for IPE scholars and those interested in learning more about the field.