Wealthy Nations Industrialized World Developed World North Leadership Matters.
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Transcript of Wealthy Nations Industrialized World Developed World North Leadership Matters.
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Wealthy Nations Industrialized World Developed World North
Leadership Matters
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Pre-requisites for Economic Hegemony
Dominant economy Political will to exert leadership
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Hegemonic Stability Theory
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Economic Hegemony in History
1815-1914: British Hegemony 1914-1918: Hegemonic War 1919-1939: No hegemon 1939-1945: WW II 1945-present?: US Hegemony
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British Hegemonic SuccessGrowth of Railways in Europe 19th Century
(length in km)
http://images.google.com/imgres?imgurl=http://www.fordham.edu/halsall/mod/table6b.gif&imgrefurl=http://www.fordham.edu/halsall/mod/indrev6.html&h=423&w=642&sz=11&hl=en&start=4&um=1&tbnid=R39topcPykB2kM:&tbnh=90&tbnw=137&prev=/images%3Fq%3DEuropean%2Brailroads%2B19th%2Bcentury%2Bimages%26svnum%3D10%26um%3D1%26hl%3Den
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British Hegemonic Success Cotton
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When there is no economic leadership? (After WW I)
US GNP per capita
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When there is no economic leadership?
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US Liberal Hegemony1945
John Maynard FDRTruman
Keynes
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US Liberal System
1. Bretton Woods Monetary System
2. General Agreement on Tariffs and Trade (GATT)1. World Trade Organization (WTO)
3. International Monetary Fund (IMF)
4. World Bank
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Bretton Woods System
Gold Standard Floating Exchange Rates
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GATT/WTO
WTO
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IMF
International Monetary Fund
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Trade
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Debt Already getting debt relief with conditions: Benin,
Bolivia, Burkina Faso, Cameroon, Ethiopia, Ghana, Guyana, Honduras, Madagascar, Malawi, Mali, Mauritania, Mozambique, Nicaragua, Niger, Rwanda, Sao Tome and Principe, Senegal, Sierra Leone, Tanzania, Uganda, and Zambia.
Receiving debt relief and deciding on conditions: Afghanistan, Burundi, Chad, the Democratic Republic of the Congo, the Republic of Congo, the Gambia, Guinea, Guinea-Bissau, and Haiti.
Eligible for debt relief: Central African Republic, Comoros, Côte d’Ivoire, Eritrea, the Kyrgyz Republic, Liberia, Nepal, Somalia, Sudan, and Togo.
Source: World Bank Other Debt Statistics
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World Bank