{"product_id":"hegemonic-stability-theory-the-rise-and-fall-of-the-us-leadership-in-world-economic-relations-von-julia-schubert","title":"Hegemonic Stability Theory: The Rise and Fall of the US-Leadership in World Economic Relations","description":"\u003cp\u003eSeminar paper from the year 2003 in the subject Politics - International Politics - General and Theories, 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\u003c\/p\u003e\u003cp\u003eintroduced by political scientists such as Stephen Krasner, Robert Gilpin and Robert\u003c\/p\u003e\u003cp\u003eKeohane to explain the mechanisms of the new economic world order that had been\u003c\/p\u003e\u003cp\u003eestablished after the Second World War.1 The main assumption of the theory that a\u003c\/p\u003e\u003cp\u003estable liberal economic world order needs a hegemo n was explained with the\u003c\/p\u003e\u003cp\u003eexamples of the British hegemony in the 18. and 19. century and with the example of\u003c\/p\u003e\u003cp\u003eAmerican hegemony in the postwar years of the second half of the 20. century.\u003c\/p\u003e\u003cp\u003eThis term paper intends to answer the following questions: What is Hegemonic\u003c\/p\u003e\u003cp\u003eStability Theory about? How is the shape of the hegemonic system? Why will it\u003c\/p\u003e\u003cp\u003edecline? The theoretical assumptions will be extended by a closer look at the UShegemony.\u003c\/p\u003e\u003cp\u003eHow was it possible that the US could establish their leadership in the\u003c\/p\u003e\u003cp\u003einternational economic system? What did they do to create a stable global economic\u003c\/p\u003e\u003cp\u003eorder? Of course, the last questions have to answer why the US weakened and why\u003c\/p\u003e\u003cp\u003etheir hegemony eventually declined? How is the situation today? Is there still a\u003c\/p\u003e\u003cp\u003ehegemon?\u003c\/p\u003e\u003cp\u003eTo answer these questions, the first part of the paper will summarize the main\u003c\/p\u003e\u003cp\u003eassumptions of the theory. Then, the international economic situation after the\u003c\/p\u003e\u003cp\u003eSecond World War which enabled the US to become the world¿s hegemon will be\u003c\/p\u003e\u003cp\u003eshortly presented. The following chapters will deal with the establishment of the UShegemony\u003c\/p\u003e\u003cp\u003eby creating international regimes such as IMF, IBRD and GATT. Finally,\u003c\/p\u003e\u003cp\u003ethe end of the paper will explain how the American hegemony declined and which\u003c\/p\u003e\u003cp\u003erole it plays in the present international economy.\u003c\/p\u003e\u003cp\u003e1 Reinhard Rode. Weltregieren durch Internationale Wirtschaftsorganisationen. Halle, 2001: 24.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783656204831\"\u003e\u003ch3\u003e\u003c\/h3\u003e\u003c\/div\u003e","brand":"Libri","offers":[{"title":"Softcover - 9783656204831","offer_id":39445948661853,"sku":"9783656204831","price":17.95,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/a829ab64-4f54-4301-8bfd-b5cfb6490792.jpg?v=1777955358","url":"https:\/\/shop.autorenwelt.de\/products\/hegemonic-stability-theory-the-rise-and-fall-of-the-us-leadership-in-world-economic-relations-von-julia-schubert","provider":"Autorenwelt Shop","version":"1.0","type":"link"}