HEGEMONIC STABILITY THORY AND CRISIS IN WORLD ECONIMIC SYSTEM

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SAEI AHMAD; TORABI GHASEM

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Journal: Political Quarterly Year:2011 | Volume:40 | Issue:4 Page(s): 143-160

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Information Journal Paper

Title

HEGEMONIC STABILITY THORY AND CRISIS IN WORLD ECONIMIC SYSTEM

Author(s)

SAEI AHMAD | TORABI GHASEM | Issue Writer Certificate

Keywords

INTERNATIONAL POLITICAL ECONOMYQ2

CRISISQ3

AMERICAQ2

HEGEMONYQ2

BERTTON WOODSQ2

NATOQ3

OIL SECURITYQ2

Abstract

A brief study on the history of 20th century reveals that capitalist system has been facing to political, military and economic CRISIS including world wars I and II, economic CRISIS of 1929 and 1973, economic CRISIS of southeast of Asia in 90s and the current economic CRISIS. While theories of INTERNATIONAL POLITICAL ECONOMY have in common with the occurrence of the CRISIS itself, they are different on its nature, reasons and solution strategies. Theory of hegemonic stability, meanwhile, is trying to scrutinize the CRISIS and its origins through a different, scientific and historical prospect. From this viewpoint, hegemon is the main factor of flourishing the INTERNATIONAL POLITICAL ECONOMY as its CRISIS refers to the fall of the hegemon. In better words, as global economy flourishing in 50s and 60s originated from AMERICA HEGEMONY and mechanisms created by that like GATT (later WTO), IMF, World Bank, as well as preserving west security through NATO and OIL SECURITY, world economy CRISIS in 70s and after on refers also to the fall of AMERICAn HEGEMONY.

Cites

THEORY OF HEGEMONIC STABILITY, CRISIS IN THE WORLD POLITICAL ECONOMY AND ITS IMPACT ON MULTILATERAL TRADING

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APA: Copy

SAEI, AHMAD, & TORABI, GHASEM. (2011). HEGEMONIC STABILITY THORY AND CRISIS IN WORLD ECONIMIC SYSTEM. POLITICS QUARTERLY: JOURNAL OF FACULTY OF LAW AND POLITICAL SCIENCE, 40(4), 143-160. SID. https://sid.ir/paper/110489/en

Vancouver: Copy

SAEI AHMAD, TORABI GHASEM. HEGEMONIC STABILITY THORY AND CRISIS IN WORLD ECONIMIC SYSTEM. POLITICS QUARTERLY: JOURNAL OF FACULTY OF LAW AND POLITICAL SCIENCE[Internet]. 2011;40(4):143-160. Available from: https://sid.ir/paper/110489/en

IEEE: Copy

AHMAD SAEI, and GHASEM TORABI, “HEGEMONIC STABILITY THORY AND CRISIS IN WORLD ECONIMIC SYSTEM,” POLITICS QUARTERLY: JOURNAL OF FACULTY OF LAW AND POLITICAL SCIENCE, vol. 40, no. 4, pp. 143–160, 2011, [Online]. Available: https://sid.ir/paper/110489/en

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