-PDF Download- American Hegemony After The Great Recession EBOOK

American Hegemony after the Great Recession

Author: Brandon Tozzo

Publisher: Springer

Published: 2017-10-17

Total Pages: 155

ISBN-13: 1137575395

This book traces America's rise as a hegemon of the capitalist system, arguing that the greatest threat to global economic stability is America's polarized and ineffectual political system rather than foreign competition from China and the European Union. The author points to China’s considerable demographic problem, which will likely undermine its economic potential. Furthermore, the sovereign debt crisis in Europe – which has left the continent politically fragmented by an institutional malaise – is evidence of the United States’ continued status as the world’s most successful nation. Tozzo posits that, due to factors such as its initial response to the financial crisis, the near failure of its banking system, the catastrophe of the debt ceiling crisis, and the election of Donald Trump as president, the greatest threat to American hegemony is America itself.

American Power after the Financial Crisis

Author: Jonathan Kirshner

Publisher: Cornell University Press

Published: 2014-09-08

Total Pages: 225

ISBN-13: 0801454786

DOWNLOAD EBOOK →

The global financial crisis of 2007–2008 was both an economic catastrophe and a watershed event in world politics. In American Power after the Financial Crisis, Jonathan Kirshner explains how the crisis altered the international balance of power, affecting the patterns and pulse of world politics. The crisis, Kirshner argues, brought about an end to what he identifies as the "second postwar American order" because it undermined the legitimacy of the economic ideas that underpinned that order—especially those that encouraged and even insisted upon uninhibited financial deregulation. The crisis also accelerated two existing trends: the relative erosion of the power and political influence of the United States and the increased political influence of other states, most notably, but not exclusively, China.Looking ahead, Kirshner anticipates a "New Heterogeneity" in thinking about how best to manage domestic and international money and finance. These divergences—such as varying assessments of and reactions to newly visible vulnerabilities in the American economy and changing attitudes about the long-term appeal of the dollar—will offer a bold challenge to the United States and its essentially unchanged disposition toward financial policy and regulation. This New Heterogeneity will contribute to greater discord among nations about how best to manage the global economy. A provocative look at how the 2007–2008 economic collapse diminished U.S. dominance in world politics, American Power after the Financial Crisis suggests that the most significant and lasting impact of the crisis and the Great Recession will be the inability of the United States to enforce its political and economic priorities on an increasingly recalcitrant world.

Eying the Crippled Hegemon

Author: Dong Wang

Publisher:

Published: 2010

Total Pages: 0

ISBN-13:

DOWNLOAD EBOOK →

As the global financial crisis swept the West, China emerged to be the only big economy that prospered in the shadow of the global recession. With the U.S. hobbled in recession, Chinese analysts are engaged in a heated debate over the causes, nature, and implications of the global financial crisis and, by extension, over whether the American hegemony is on the decline. Many are quick to argue that the financial crisis would bode a recession even more severe than the Great Depression, prophesying an end to the American hegemony. Others caution against such a conclusion, arguing instead that the American hegemony will likely to sustain in the decades to come. Concomitant with the debate over the status of the American hegemony is the discussion whether China should “seize the opportunity” in “accomplishing something” (yousuo zuowei). How Chinese analysts and policy makers assess the status of the American hegemony in the wake of the global recession would be crucial for us to understand (predict) China's (possible) strategic choices. For instance, to what extent, China's call to reconstituting the IMF should be understood in light of China's reassessment of the American power? To what extent, are the Chinese analysts and policy makers viewing the perceived decline of American power as an opportunity for expanding China's power and influences? How would China's reassessment of the status of the American hegemony influence Beijing's grand strategy thinking? This paper will try to answer these important questions through a close examination of original Chinese texts and documents, and interviews with government officials as well as think tank analysts.

Good-Bye Hegemony!

Author: Simon Reich

Publisher: Princeton University Press

Published: 2014-03-23

Total Pages: 206

ISBN-13: 0691160430

DOWNLOAD EBOOK →

Many policymakers, journalists, and scholars insist that U.S. hegemony is essential for warding off global chaos. Good-Bye Hegemony! argues that hegemony is a fiction propagated to support a large defense establishment, justify American claims to world leadership, and buttress the self-esteem of voters. It is also contrary to American interests and the global order. Simon Reich and Richard Ned Lebow argue that hegemony should instead find expression in agenda setting, economic custodianship, and the sponsorship of global initiatives. Today, these functions are diffused through the system, with European countries, China, and lesser powers making important contributions. In contrast, the United States has often been a source of political and economic instability. Rejecting the focus on power common to American realists and liberals, the authors offer a novel analysis of influence. In the process, they differentiate influence from power and power from material resources. Their analysis shows why the United States, the greatest power the world has ever seen, is increasingly incapable of translating its power into influence. Reich and Lebow use their analysis to formulate a more realistic place for America in world affairs.

After Globalization

Author: Robert K. Schaeffer

Publisher: Routledge

Published: 2021-09-20

Total Pages: 338

ISBN-13: 100043303X

DOWNLOAD EBOOK →

In the 1980s, U.S. officials adopted tax and monetary policies that channeled huge new resources into Wall Street, which fueled a stock market boom. To increase profits and payouts to investors as stock prices soared, corporate managers consolidated businesses, outsourced manufacturing to low-wage countries, and adopted new technologies to increase productivity. Government officials then facilitated mergers and negotiated free trade agreements to speed the process of globalization. Wall Street became an engine of capital accumulation and a force for global change. These developments resulted in massive job losses and stagnant wages for most Americans. Meanwhile, tax cuts and the stock market boom created vast new wealth for the rich, and the top 10 percent seized 50 percent of all income in the United States. The result was growing economic inequality. During the decades that followed, globalization triggered regional economic crises, toppled governments, transformed societies, galvanized economic development in China, and created new forms of wealth and inequality around the world. Then in 2008, a financial crisis rooted in Wall Street triggered the Great Recession, wrecked the legitimacy of globalization as a development strategy, and unleashed populist or "restrictionist" social movements and political parties that challenged globalization and attacked its economic and political foundations. This book examines the origins of globalization in the 1980s, the developments that triggered the Great Recession, and the political and economic forces that contributed to the disintegration of globalization as a force for change in the modern world. After Globalization explains what happened—and what comes next.

America's Allies and the Decline of US Hegemony

Author: Justin Massie

Publisher: Routledge

Published: 2019-10-24

Total Pages: 345

ISBN-13: 0429535740

DOWNLOAD EBOOK →

How do America’s democratic allies perceive and respond to a relative decline in US power and influence and the simultaneous rise of China? Using the case-studies of Europe, the UK, Australia, Canada, Japan and South East Asian countries, this book offers a broad assessment of the perceptions of threat and the strategies used by these allies to cope with the relative decline of America’s hegemonic power, the rise of China and the transforming world order. In answering these central questions, contributors focus on two complementary analytical approaches. The first examines the perceptions of systemic changes by America’s allies: how are US allies framing this issue and what kind of political discourse is emerging with regards to it? The second approach focuses on the concrete foreign policy and defence strategies put forward by these allies. The book explores the extent to which US allies are willing to support US hegemony and considers the democratic allies’ understanding of the international structure, their relations to the United States, and their own aspirations in this changing world order. This book will be of interest to general readers as well as scholars and students of US foreign policy, foreign policy analysis and International Relations.

Exit from Hegemony

Author: Alexander Cooley

Publisher: Oxford University Press, USA

Published: 2020

Total Pages: 305

ISBN-13: 0190916478

DOWNLOAD EBOOK →

""We live in a period of uncertainty about the fate of American global leadership and the future of international order. The 2016 election of Donald Trump led many to pronounce the death, or at least terminal decline, of liberal international order - the system of institutions, rules, and values associated with the American-dominated international system. But the truth is that the unravelling of American global order began over a decade earlier. Exit from Hegemony develops an integrated approach to understanding the rise and decline of hegemonic orders. It calls attention to three drivers of transformation in contemporary order. First, great powers, most notably Russia and China, contest existing norms and values, while simultaneously building new spheres of international order through regional institutions. Second, the loss of the "patronage monopoly" once enjoyed by the United States and its allies allows weaker states to seek alternative providers of economic and military goods - providers who do not condition their support on compliance with liberal economic and political principles. Third, transnational counter-order movements, usually in the form of illiberal and right-wing nationalists, undermine support for liberal order and the American international system, including within the United States itself. Exit from Hegemony demonstrates that these broad sources of transformation - from above, below, and within - have transformed past international orders and undermine prior hegemonic powers. It provides evidence that that all three are, in the present, mutually reinforcing one another and, therefore, that the texture of world politics may be facing major changes""--

Geopolitical Economy

Author: Radhika Desai

Publisher: Pluto Press

Published: 2013-02-12

Total Pages: 240

ISBN-13: 9780745329925

DOWNLOAD EBOOK →

Geopolitical Economy radically reinterprets the historical evolution of the world order, as a multi-polar world emerges from the dust of the financial and economic crisis. Radhika Desai offers a radical critique of the theories of US hegemony, globalisation and empire which dominate academic international political economy and international relations, revealing their ideological origins in successive failed US attempts at world dominance through the dollar. Desai revitalizes revolutionary intellectual traditions which combine class and national perspectives on 'the relations of producing nations'. At a time of global upheavals and profound shifts in the distribution of world power, Geopolitical Economy forges a vivid and compelling account of the historical processes which are shaping the contemporary international order.

The Decline of the West

Author: Oswald Spengler

Publisher: Oxford University Press, USA

Published: 1991

Total Pages: 500

ISBN-13: 9780195066340

DOWNLOAD EBOOK →

Spengler's work describes how we have entered into a centuries-long "world-historical" phase comparable to late antiquity, and his controversial ideas spark debate over the meaning of historiography.

The Rise and Fall of the Great Powers

Author: Paul Kennedy

Publisher: Vintage

Published: 2010-10-27

Total Pages: 1335

ISBN-13: 0307773566

DOWNLOAD EBOOK →

About national and international power in the "modern" or Post Renaissance period. Explains how the various powers have risen and fallen over the 5 centuries since the formation of the "new monarchies" in W. Europe.