The Persistent myth of lost hegemony

Strange, Susan

doi:10.1017/s0020818300027600

Cited by 393 publications

(164 citation statements)

References 10 publications

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“…To avoid privileging successful institutional outcomes as the benchmark for leadership capacity, we shall consider both cases 11 Strange (1987). 12 Oran Young (1991).…”

Section: Structural Versus Custodial Leadershipmentioning

confidence: 99%

Political Leadership and Global Governance: Structural Power Versus Custodial Leadership

Morton

2017

Chin. Polit. Sci. Rev.

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This article examines the role of political leadership within the realm of global governance. Drawing upon relevant theories of political agency, particular attention is given to addressing the relationship between leadership and collective action. A two-level analysis of institution building in relation to maritime security and economic trade and investment reveals both strengths and weaknesses in practice.

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“…To avoid privileging successful institutional outcomes as the benchmark for leadership capacity, we shall consider both cases 11 Strange (1987). 12 Oran Young (1991).…”

Section: Structural Versus Custodial Leadershipmentioning

confidence: 99%

Political Leadership and Global Governance: Structural Power Versus Custodial Leadership

Morton

2017

Chin. Polit. Sci. Rev.

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“…Strange (1987) argues that preserving sterling's international role required higher defense spending and higher interest rates to keep sterling strong, which also undermined export competitiveness. At several times between 1949 and 1967 the United Kingdom chose not to devalue sterling, partly because of the fear that such a move would destroy the sterling bloc and jeopardize the Commonwealth.…”

Section: Burden Of Responsibilitymentioning

confidence: 99%

Renminbi Rules: The Conditional Imminence of the Reserve Currency Transition

Subramanian

2011

SSRN Journal

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Against the backdrop of the recent financial crisis and the ongoing rapid changes in the world economy, the fate of the dollar as the premier international reserve currency is under scrutiny. This paper attempts to answer whether the Chinese renminbi will eclipse the dollar, what will be the timing of, and the prerequisites for this transition, and which of the two countries controls the outcome. The key finding, based on analyzing the last 110 years, is that the size of an economymeasured not just in terms of GDP but also trade and the strength of the external financial position-is the key fundamental correlate of reserve currency status. Further, the conventional view that sterling persisted well beyond the strength of the UK economy is overstated. Although the United States overtook the United Kingdom in terms of GDP in the 1870s, it became dominant in a broader sense encompassing trade and finance only at the end of World War I. And since the dollar overtook sterling in the mid-1920s, the lag between currency dominance and economic dominance was about 10 years rather than the 60-plus years traditionally believed. Applying these findings to the current context suggests that the renminbi could become the premier reserve currency by the end of this decade, or early next decade. But China needs to fulfill a number of conditions-making the reniminbi convertible and opening up its financial system to create deep and liquid markets-to realize renminbi preeminence. China seems to be moving steadily in that direction, and renminbi convertibility will proceed apace not least because it offers China's policymakers a political exit out of its mercantilist growth strategy. The United States cannot in any serious way prevent China from moving in that direction. JEL Codes: F02, F31, F33

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“…Peu importe sous l'angle de quel indicateur on mesure la puissance américaine, un constat demeure : le déséquilibre de Revue Études internationales, volume XL, n o 2, juin 2009 puissance à l'avantage des États-Unis fait de ces derniers, et de loin, la première puissance mondiale (Paquin, 2008 ;Strange 1987 ;Nye 1990 ;Nye 2002 ;Badie 2004). Puisque les Canadiens et les Québécois vivent dans les marges de l'Empire, qu'ils sont sur la ligne de front face à « l'impérialisme américain », ils devraient être les premiers à s'inquiéter de la situation et à dénoncer les abus de pouvoir de Washington.…”

Section: Résumé De L'articleunclassified

Comment vit-on aux marges de l’Empire ?

Paquin¹,

Chaloux²

2009

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Tous droits réservés © Études internationales, 2009Ce document est protégé par la loi sur le droit d'auteur. L'utilisation des services d'Érudit (y compris la reproduction) est assujettie à sa politique d'utilisation que vous pouvez consulter en ligne.https://apropos.erudit.org/fr/usagers/politique-dutilisation/ Cet article est diffusé et préservé par Érudit.Érudit est un consortium interuniversitaire sans but lucratif composé de l'Université de Montréal, l'Université Laval et l'Université du Québec à Montréal. Il a pour mission la promotion et la valorisation de la recherche. Résumé de l'article La question de recherche de cet article est très simple : lorsque des enjeux qui divisent les Américains surviennent dans les forums internationaux, le Canada vote-t-il plus souvent du côté des États-Unis ou de celui de ses partenaires transatlantiques ? Est-ce que la forte dépendance économique et militaire du Canada face aux États-Unis limite la marge de manoeuvre de ce dernier dans les organismes multilatéraux? Les enjeux sélectionnés pour cette étude sont les suivants : l'embargo cubain; le conflit israélo-palestinien; les mines antipersonnel ; la peine de mort ; la convention sur la diversité culturelle; la Cour pénale internationale et les changements climatiques. La conclusion de cette étude est que le Canada penche beaucoup plus naturellement du côté de ses alliés transatlantiques membres du G8 que de celui des États-Unis. COMMENT VIT-ON AUX MARGES DE L'EMPIRE ? LES RELATIONS... Comment vit-on aux marges de l'Empire ?Les relations Canada-États-Unis et la nature de la relation transatlantique Stéphane PAQUIN et

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The Persistent myth of lost hegemony

Cited by 393 publications

References 10 publications

Political Leadership and Global Governance: Structural Power Versus Custodial Leadership

Political Leadership and Global Governance: Structural Power Versus Custodial Leadership

Renminbi Rules: The Conditional Imminence of the Reserve Currency Transition

Comment vit-on aux marges de l’Empire ?

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