Economics & Global Affairs

2 Items

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."