International Congress on Eurasian Economies

International Conference on Eurasian Economies

9-11 September 2015 – Kazan, RUSSIA

Paper detail

Paper ID : 1182
Status : Paper published
Language : English
Topic : International Trade and Globalization
Presenter: Prof. Dr. Paulo Duarte
Session : 6A International Relations

Changes in the World Power: The United States within the New Balance of Power
Changes in the World Power: The United States within the New Balance of Power

Abstract

This article aims to analyse the behaviour of the United States as a world power. The working hypothesis is that the only superpower has become, nowadays, impotent, affected by a relative decline. However, this should be understood as something natural, since it has never happened that any society would permanently remain ahead of the others. We assume here that the use of the qualitative method, through the hermeneutic analysis is, certainly, the basic methodology used for this investigation. We will try to conclude that notwithstanding their relative decline, the USA will tend to remain, in the short and medium term, the only world superpower. It is recommended that further investigation must assign a special attention to China’s emergence and its consequences on the balance of world power, in particular with regard to the durability of American hegemony.

JEL codes: F54, F02, F59

Duarte, Paulo (2015). "Changes in the World Power: The United States within the New Balance of Power " in Proceedings of International Conference of Eurasian Economies 2015, pp.139-149, Kazan, RUSSIA.

DOI: https://doi.org/10.36880/C06.01182

Full paper in PDF format.

Session 6A: International Relations

Eurasian Economists Association Istanbul Beykent University Kazan Federal University Kyrgyz-Turkish Manas University TIKA Turkish Central Bank