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From Traditional To Group Hegemony: The G7, The Liberal Economic Order And The Core-Periphery Gap (G8 and Global Governance)
 
 
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From Traditional To Group Hegemony: The G7, The Liberal Economic Order And The Core-Periphery Gap (G8 and Global Governance) [Hardcover]

Alison Bailin (Author)


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Book Description

0754619796 978-0754619796 February 2005
Developing a new theory of hegemony, called group hegemony, the author explains how a few wealthy countries maintain the liberal economic order and how this helps to sustain the economic disparity between the core and the periphery in the post-World War II era. The theory proposes that the G7 acts as a global government of last resort - a crisis manager - when other institutions prove inadequate to sustain the world order. The G7 also supplies resources, such as large markets, foreign investment, and funding for international institutions. These goods serve to entice the majority of countries to participate in and abide by the rules governing the world economic order without changing the systemic distribution of power. The volume develops a theoretical analysis of the G7's significance in international relations. It explains how the G7 countries collaborate to perpetuate the economic order and impart an institutional stability to an inequitable system.

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About the Author

Dr Alison Bailin is at the University of Toronto, Canada.

Product Details

  • Hardcover: 182 pages
  • Publisher: Ashgate Pub Ltd (February 2005)
  • Language: English
  • ISBN-10: 0754619796
  • ISBN-13: 978-0754619796
  • Product Dimensions: 9.3 x 6.3 x 0.7 inches
  • Shipping Weight: 14.4 ounces
  • Amazon Best Sellers Rank: #6,361,985 in Books (See Top 100 in Books)

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Inside This Book (learn more)
First Sentence:
International crises have plagued the capitalist world-economy throughout the post-World War II era. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
group hegemon, telephone accord, greater preferential treatment, great power interaction, liberal economic order, international production chains, monetary subsystem, foreign investment systems, sole hegemon, great power collaboration, global stabilizer, iterated interaction, global economic crises, international economic transactions, hegemon declines, gap status, tariff peaks, trustworthy relations, great power cooperation, tariff escalation, hegemonic stability theory, core countries, global economic order, developing country exports
Key Phrases - Capitalized Phrases (CAPs): (learn more)
World War, World Bank, United States, Bretton Woods, South Korea, Hong Kong, European Union, Research Group, Cold War, Other Declarations, Third World, Total Commitments, Bilateral Multilateral, Concert of Europe, President Bush, The Later Years
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