Economics & Global Affairs

9 Items

The European Central Bank building during sunset in Frankfurt, Germany

(AP Photo/Michael Probst, FILE)

Journal Article - Quarterly Journal: International Security

The End of War: How a Robust Marketplace and Liberal Hegemony Are Leading to Perpetual World Peace

| Summer 2019

Liberal market-oriented states are in a natural alliance to preserve and protect a global order that is systematically buttressing states’ embrace of market-oriented norms and values.

President Barack Obama, left, and Russian President Dmitry Medvedev sign the New START treaty at the Prague Castle, April 8, 2010. Obama warned that failure to ratify a new arms control treaty with Russia would undercut U.S. leadership on many challenges.

AP Photo

Analysis & Opinions - Toronto Star

Rumours of U.S. Decline are Greatly Exaggerated

| January 2, 2011

"The continuing warnings about American decline represent a kind of atavistic Cold War mindset, in which every military advance in another nation is by definition a threat to the United States and its allies. Have we become so accustomed to our great fortune that economic or military developments in countries that have not yet completely mastered basic human services like clean water, literacy and roads represent our own 'decline'?"

A U.S. dollar on a renminbi (RMB) banknote is seen through a magnifier in Fuyang, China, 14 Oct. 2010. The value of the RMB hit new high against U.S. dollar as the central parity rate of the RMB was set at 6.6582 per U.S. dollar.

AP Photo

Report - Center for Strategic and Budgetary Assessments

Understanding America's Contested Primacy

| 2010

"A rigorous assessment should consider the strengths and weaknesses of the United States' putative competitors on the global scene as well as the enduring strengths and sources of resilience that have enabled America to extend its primacy and maintain a stabilizing, global hegemonic role against all expectations. There is a need for a framework to inform how US policymakers might think about the problem of developing strategies and policies to extend that role yet again, since it is at least an arguable proposition that rather than a multipolar world, the global system, after the current Great Recession passes, will continue to be unipolar but with some additional challenges for US leadership."

Thousands of East Berliners cross the "fallen" Berlin Wall. On November 9, 1989, the border separating East and West Germany was officially opened, thus symbolizing the end of the Cold War.

AP Photo

Analysis & Opinions - The Huffington Post

Who Caused the End of the Cold War?

| November 9, 2009

"Ultimately the deepest causes of Soviet collapse were the decline of communist ideology and the failure of the Soviet economy. This would have happened even without Gorbachev. In the early Cold War, communism and the Soviet Union had a good deal of soft power. Many communists had led the resistance against fascism in Europe, and many people believed that communism was the wave of the future....Although in theory communism aimed to instill a system of class justice, Lenin's heirs maintained domestic power through a brutal state security system involving lethal purges, gulags, broad censorship, and the use of informants. The net effect of these repressive measures was a general loss of faith in the system."