American Power, East Asian Regionalism and Emerging Powers:<i>in</i>or<i>against</i>empire?

Parisot, James

doi:10.1080/01436597.2013.824655

Cited by 16 publications

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“…Much of the US decline literature (discussed in Chapter 3) focuses on US deficits and the consequent increase in US national debt, alongside the fact that the US' share of word GDP has declined since 1945. But if we are to take globalization seriously, then we need to move beyond a simplistic methodological nationalism and examine the ways in which we are effectively witnessing, to some extent at least, the "Americanisation of global capital" (Starrs 2013: 827; see also Panitch and Gindin 2012;Parisot 2013). We have already discussed this in earlier chapters in terms of Chinese and US asymmetrical interdependence, and the rates of return of US capital overseas in comparison with rates of return of foreign capital in the US.…”

Section: The Limits Of International Transformationmentioning

confidence: 99%

The BRICs, US âDeclineâ and Global Transformations

Kiely

2015

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The global political economy is in flux as a series of cumulative crises impacts its organization and governance. The IPE series has tracked its development in both analysis and structure over the last three decades. It has always had a concentration on the global South. Now the South increasingly challenges the North as the centre of development, also reflected in a growing number of submissions and publications on indebted Eurozone economies in Southern Europe.An indispensable resource for scholars and researchers, the series examines a variety of capitalisms and connections by focusing on emerging economies, companies and sectors, debates and policies. It informs diverse policy communities as the established trans-Atlantic North declines and 'the rest', especially the BRICS, rise.

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Section: The Limits Of International Transformationmentioning

confidence: 99%

The BRICs, US âDeclineâ and Global Transformations

Kiely

2015

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“…Emerging powers are dependent upon the liberal order for maintaining their growth, while simultaneously experiencing the social tensions produced by such integration. Major shifts in the global economy (such as the emergence of East Asian regionalization) unfold within the American Empire and do not cause the formation of ideological alternatives (Parisot, 2013). The rise of the BRICS is a product of uneven development and accumulation in the global economy.…”

Section: Critical Approaches and Reformismmentioning

confidence: 99%

Reformist Multipolarity and Global Trade Governance in an Era of Systemic Power Redistribution

Efstathopoulos

2015

Global Journal of Emerging Market Economies

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This is the author accepted manuscript. The final version is available from SAGE Publications via http://dx.doi.org/10.1177/0974910115613695This article assesses the role of emerging powers in the liberal order by examining the diplomacy of these states in the Doha Round of the World Trade Organization (WTO). The article discusses the changing shape of global trade governance through the insights provided by multipolarity, unipolarity as well as critical perspectives on emerging states. Based on the insights provided by these approaches, the article provides an analytical account of WTO negotiations to argue that the changing position of emerging powers in global trade governance is indicative of a system of reformist multipolarity. This system entails three major characteristics. First, it is based on a multipolar decision-making process where established and emerging powers hold veto power over the negotiating process, but commit to the stable management of the global economy. Second, it comprises a nascent great power concert where established and emerging powers share a common worldview on the centrality of the WTO to operate as the overarching authority for regulating and managing global trade. Third, emerging states maintain a reformist approach in this multipolar system seeking to renegotiate the rights and responsibilities to be undertaken by each major stakeholderpreprintPeer reviewe

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“…Gill (1990: 42) also broke from the theory of US decline. His neo-Gramscian perspective revised the category of hegemony not as simply a physical capability such as military might and economic weight, but as 'intellectual and moral leadership' (Parisot, 2013(Parisot, : 1160.…”

Section: 1mentioning

confidence: 99%

“…By openly appropriating the universal in its national interest, it started seeing itself an undisputed world power, capable of mobilizing militarytechnological facilities in any region and securing control of any resource by dominating its allies, isolating adversaries and sustaining the client regimes. Analytically, the massacre of September 11 became a starting point for the US to launch the second version of the New World Order (Petras, 2002). The ascent of new great powers is the strongest evidence of incipient multipolarity, and the two most important indicators of whether new great powers rising are relative growth rates and shares of world GDP (Kennedy 1987;Gilpin 1981) (in Layne, 2011: 151).…”

Section: Introductionmentioning

confidence: 99%

A Multifarious, Multifaceted Approach to the Multipolar World: a Necessity

Kurečić

Kampmark

2015

IJMSBA

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Abstract:If we compare today's world with the World (s) from 1914, 1929 or 1939, some similarities occur: multiple powerful actors on the global and regional levels with conflicting interests, economic difficulties of a large number of economies, and the inability of "the international community" to put a stop on the world's most intense conflicts or rivalries. The Great Recession, which hit the developed economies, especially European economies the hardest, has shifted more economic power into the direction of emerging economies, thereby, accelerating an inevitable economic and political change. Various states have managed to accelerate the change in the distribution of economic wealth. These states, grouped mainly in the BRICS, and in the Next Eleven (N11) have shown, contrary to the Western, "culturally superior" geopolitical thought that they are neither backward nor incompetent. They challenge the developed states. After the paradigm of American Empire, which ended in the worst economic crisis in 70 years, there came time for a new paradigm. It might be an illusion to think that multipolarity would be shaped by all the parties concerned, it has to be shaped by the most important ones. However, the current relations between most powerful states are all but cooperative. The pragmatic relations and the common goals of the BRICS states should not be overestimated. The relations between the USA and the EU, which show a high level of homogeneity because of the Ukrainian crisis, may not be so close in the future. A clear difference would exist between the arranged and the accepted multi-polarity, and a multi-polarity in which one side is not inclined but compelled to accept multipolarity, concurrently limiting its achievements. An approach to the present and the future multipolarity and multipolar world that would be multifarious and multifaceted is therefore a necessity.

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American Power, East Asian Regionalism and Emerging Powers:inoragainstempire?

Cited by 16 publications

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The BRICs, US âDeclineâ and Global Transformations

The BRICs, US âDeclineâ and Global Transformations

Reformist Multipolarity and Global Trade Governance in an Era of Systemic Power Redistribution

A Multifarious, Multifaceted Approach to the Multipolar World: a Necessity

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American Power, East Asian Regionalism and Emerging Powers:inoragainstempire?

Cited by 16 publications

References 0 publications

The BRICs, US âDeclineâ and Global Transformations

The BRICs, US âDeclineâ and Global Transformations

Reformist Multipolarity and Global Trade Governance in an Era of Systemic Power Redistribution

A Multifarious, Multifaceted Approach to the Multipolar World: a Necessity

Contact Info

Product

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The BRICs, US âDeclineâ and Global Transformations

The BRICs, US âDeclineâ and Global Transformations