scholarly journals Towards a Neo-bipolar Model of the World Order: Scouting Game in Africa

2019 ◽  
Vol 12 (3) ◽  
pp. 6-29
Author(s):  
L. L. Fituni
Keyword(s):  
United States ◽  
World Economy ◽  
World Order ◽  
The United States ◽  
New World Order ◽  
Global Order ◽  
The Us ◽  
The World ◽  
The Usa ◽  
General Movement

The article lays out a hypothesis that the global order slides into a new bipolarity in the context of the escalating geo-economic and geopolitical confrontation between the two poles that currently dominate the world - the United States and China. The neo-bipolar construction cannot yet be regarded as an established new world order, but the general movement of the world economy and international relations in this direction is obvious. The neo-bipolar bipolar confrontation manifest itself with varying intensity in different regions of the world. The author argues that at present the peripheral regions which are strategically important for the prospects of competition are becoming an important testing ground for relatively “safe” elaboration of methods and tactics of geo-economic rivalry and h mutual exchange of systemic attacks. Today, Africa has become practically the leading theater of the new bipolar confrontation. The article analyzes the economic, military and strategic aspects of the rivalry between the United States and China on the African continent. It provides a comparative analysis of the new African strategies of the two superpowers adopted at the end of 2018. The author asserts that in the context of the emerging global bipolarity, the strategies of the USA and China represent antagonistic programs based on fundamentally different initial messages. In the case of the US strategy, this is to deter by denial the spread of the competitor’s influence using tough policies, including forceful (while not necessarily military) confrontational actions. While China seeks to neutralize the opposition of the United States and its allies to Beijing’s expansion on the continent and to win the freedom of interaction with any partners in Africa causing minimal direct confrontation possible. Therefore, despite the seemingly “peripheral” importance of the confrontation on the continent, for the establishment of a neo-bipolar world order, the proclamation of the new US regional geopolitical strategy, which focuses on the containment of China in the name of protecting democracy and independence, can serve not only for Africa, but for the whole planet the same milestone signal as Churchill’s Fulton speech for the final advent of bipolarity in the postwar world.

The World of Uncertainty: Is America Losing Its Leverage Towards a Looming New China–Russia Alliance?

2021 ◽  
Vol 13 (04) ◽  
pp. 92-106
Author(s):  
Vitaly KOZYREV
Keyword(s):  
United States ◽  
21St Century ◽  
World Order ◽  
The United States ◽  
Great Power ◽  
Window Of Opportunity ◽  
The Us ◽  
The World ◽  
Alliance Building

The recent deterioration of US–China and US–Russia relations has stumbled the formation of a better world order in the 21st century. Washington’s concerns of the “great power realignment”, as well as its Manichean battle against China’s and Russia’s “illiberal regimes” have resulted in the activated alliance-building efforts between Beijing and Moscow, prompting the Biden administration to consider some wedging strategies. Despite their coordinated preparation to deter the US power, the Chinese and Russian leaderships seek to avert a conflict with Washington by diplomatic means, and the characteristic of their partnership is still leaving a “window of opportunity” for the United States to lever against the establishment of a formal Sino–Russian alliance.

United States and Its Challenge to Multilateralism in the Global Economy

2018 ◽  
Vol 74 (4) ◽  
pp. 402-419
Author(s):  
Krishnakumar S.
Keyword(s):  
United States ◽  
Global Economy ◽  
World Economy ◽  
Foreign Exchange Market ◽  
Bilateral Trade ◽  
Developing Economies ◽  
The United States ◽  
The Us ◽  
The World ◽  
Merchandise Trade

With Donald Trump as President of United States, multilateralism in the world economy is facing an unprecedented challenge. The international economic institutions that have evolved since the fifties are increasingly under the risk of being undermined. With the growing assertion of the emerging and developing economies in the international fora, United States is increasingly sceptical of its ability to maneuvre such institutions to suit its own purpose. This is particularly true with respect to WTO, based on “one country one vote” system. The tariff rate hikes initiated by the leader country in the recent past pose a serious challenge to the multilateral trading system. The paper tries to undertake a critical overview of the US pre-occupation of targeting economies on the basis of the bilateral merchandise trade surpluses of countries, through the trade legislations like Omnibus Act and Trade Facilitation Act. These legislations not only ignore the growing share of the United States in the growing invisibles trade in the world economy, but also read too much into the bilateral trade surpluses of economies with United States and the intervention done by them in the foreign exchange market.

scholarly journals European Direct Investment in Brazil, 1860 to the Present

2010 ◽  
Vol 3 (1) ◽  
Author(s):  
Sérgio de Oliveira Birchal ◽  
Âmara Fuccio de Fraga e Silva
Keyword(s):  
United States ◽  
20Th Century ◽  
Direct Investment ◽  
World Economy ◽  
The United States ◽  
Geographical Proximity ◽  
Japanese Firms ◽  
The World ◽  
The Usa ◽  
Western European

European direct investment in Brazil dates back to the discovery of the country and has been since then either hegemonic or more important than a superficial observation can grasp, as this work aims at showing. During the 20th century, the United States has replaced Britain as the worlds economic superpower and the largest direct investor. US dominance in the world economy and geographical proximity to Brazil would suggest that US investments were by far the largest in the country during that century. Furthermore, as Japan had become the second largest economy in the world in the 1980s, we would expect that this would be reflected in the data of the largest multinationals in Brazil. However, as our investigation suggests, Western European direct investment has been as large (and in many occasions even larger) as that of the USA and Japanese firms have never had a prominent presence among the largest firms in Brazil, at least until the late 1990s.

WORLD WAR I AND THE PARADOX OF WILSONIANISM

2017 ◽  
Vol 17 (1) ◽  
pp. 5-22
Author(s):  
Lloyd E. Ambrosius
Keyword(s):  
United States ◽  
World War I ◽  
New World ◽  
World Order ◽  
The United States ◽  
New World Order ◽  
World War ◽  
Imperial Germany ◽  
The World ◽  
The Individual

One hundred years ago, on April 6, 1917, President Woodrow Wilson led the United States into the First World War. Four days earlier, in his war message to Congress, he gave his rationale for declaring war against Imperial Germany and for creating a new world order. He now viewed German submarine attacks against neutral as well as belligerent shipping as a threat to the whole world, not just the United States. “The present German submarine warfare against commerce is a warfare against mankind,” he claimed. “It is a war against all nations.” He now believed that Germany had violated the moral standards that “citizens of civilized states” should uphold. The president explained: “We are at the beginning of an age in which it will be insisted that the same standards of conduct and responsibility for wrong done shall be observed among nations and their governments that are observed among the individual citizens of civilized states.” He focused on protecting democracy against the German regime of Kaiser Wilhelm II. “A steadfast concert for peace,” he said, “can never be maintained except by a partnership of democratic nations. No autocratic government could be trusted to keep faith within it or observe its covenants.” Wilson called on Congress to vote for war not just because Imperial Germany had sunk three American ships, but for the larger purpose of a new world order. He affirmed: “We are glad, now that we see the facts with no veil of false pretense about them, to fight thus for the ultimate peace of the world and for the liberation of its peoples, the German peoples included: for the rights of nations great and small and the privilege of men everywhere to choose their way of life and of obedience. The world must be made safe for democracy. Its peace must be planted upon the tested foundation of political liberty.”

scholarly journals The Gulf War (1990–1991) and new foreign political concept of George Herbert Walker Bush

2021 ◽  
Vol 26 (4) ◽  
pp. 65-69
Author(s):  
Dmitrii N. Khristenko
Keyword(s):  
United States ◽  
Foreign Policy ◽  
International Relations ◽  
New World ◽  
World Order ◽  
The United States ◽  
Gulf War ◽  
George Herbert ◽  
New World Order ◽  
The World

The article examines the foreign policy concept of the «new world order» of George Herbert Walker Bush, which he put forward during the Gulf War (1990-1991). Despite its short duration, the Middle East conflict has become a symbol of the transformation of international relations initiated by the crisis of the bipolar system and arising of the United States as the main military and political world power. Consequently, Washington sought to rethink its role in the world arena. This task was intended to solve by the concept of a «new world order». The main sources for this article were the memoirs of the former American president and James Addison Baker III (U.S. Secretary of State), documents of White House’ administration, as well as publications of «Foreign Affairs» – the most influential journal on international relations in the United States. The research methodology includes the space-time analysis of Fernand Paul Achille Braudel, historical-descriptive and historical-genetic methods. It is noted that the foreign policy concept of a «new world order» was in the centre of public attention and caused a heated discussion in the United States, as a result of which was rejected its main element – reliance on allies and the rule of international law. The attempts of Russian diplomacy to propose a corrected interpretation of the concept of a «new world order» did not meet the understanding overseas. Washington took a course towards sole leadership in the world that triggered the deterioration of the state of affairs in the world arena in the long term.

scholarly journals The US Role in the World Manufacturing and Trade as a Global Issue

2018 ◽  
Vol 11 (2) ◽  
pp. 100-112
Author(s):  
V. G. VARNAVSKIY
Keyword(s):  
United States ◽  
Purchasing Power Parity ◽  
World Economy ◽  
The United States ◽  
High Tech ◽  
Power Parity ◽  
Instrument Making ◽  
Goods And Services ◽  
The World ◽  
The Usa

The article considers the USA role and place in the global  manufacturing and trade. Key aspects of the world economy  transformation in the context of globalization, internationalization  and liberalization are studied. As shows, USA and China are the two  largest economies in the world. United States is the world’s largest  economy by nominal GDP and second largest by purchasing power  parity (PPP). It holds a 15.4 percent share of global GDP in PPP  (2016). China is the world’s largest economy by PPP, accounting for  17.8 percent of global GDP. The USA share of world GDP declined by  a total of 3.8 percentage points between 2006 and 2016. At the  same time, the United States possesses great economic strength. It  is also the world leader in innovation. China’s success has mostly  been in lowerend innovation. This country has been less successful in  higher-end innovation, where USA currently maintain a lead. The  United States holds a leading position in aerospace, instrument  making, cloud computing, ICT, robotics-related technologies, nanomaterials, biopharmaceutical and other high-tech  industries and China significantly lags behind. Special attention is paid to the U.S. foreign trade. It is shown that the USA is one of  the world’s largest importer and exporter of goods and services. It  accounts for 10.5 percent of global goods and services exports in  2016 (second place after China) and 13.3 percent of global imports  (first place). Despite the world’s second place after China in some economic indexes such as gross domestic product (at PPP),   size of manufacturingand merchandise trade, USA ranks first in the  world in terms of quality indicators of economic development. It  remains the most powerful economy in the world. The author’s  conclusion is that, the loss of US world leadership in terms of output  indicators has not yet become a global problem for other countries  and world economy in the whole.

scholarly journals The Philippine-US Relations: Living or Leaving the Bandung Spirit?

2017 ◽  
Vol 2 (2) ◽  
pp. 133
Author(s):  
Anna Rhodora Solar ◽  
John Matthew Poblete
Keyword(s):  
United States ◽  
World Order ◽  
The United States ◽  
The Philippines ◽  
Clear Understanding ◽  
African Countries ◽  
Independent State ◽  
The Us ◽  
The World ◽  
Colonial Master

The Philippines had its own share of colonial past. Just as other Asian and African countries which were under the Western colonizers, the Philippines partook of the momentous event that proposed an alternative to the world order dominated by superpowers—the Bandung Conference. The principles collectively known as Bandung Spirit were embraced by the Philippines and had a clear understanding of its symbolic significance. Yet such understanding of these principles was coupled with compromises on the Philippines relations with the United States. Over the decades, the Philippines had to do a balancing act between its being sovereign, independent state and its recognition of the relevance of its past colonial master—the US. Hence, this raises the question of whether the Philippines is living or leaving the Bandung Spirit. Specifically, this paper assesses whether the Philippines still upholds the same Bandung Spirit in its traditional form or has it given a contemporary understanding of it. The paper argues that the Philippine-US relations remain to be an evident display of US presence in Southeast Asia albeit redefined to blend with the Bandung Spirit.

Prospects for the global economy to end-2019

2019 ◽  
Keyword(s):  
United States ◽  
Fiscal Policy ◽  
World Trade ◽  
Global Economy ◽  
World Economy ◽  
The United States ◽  
Content Type ◽  
The Us ◽  
The World

Subject Prospects for the global economy to end-2019. Significance The world economy is likely to grow by around 3% this year. This is the lower end of the 3.0-3.5% range expected six months ago. World trade is weakening amid the US-China conflict and productivity is not picking up. China is expanding fiscal policy and others may follow, perhaps Germany and the United States. Monetary tightening is off the table and some countries may loosen policy. However, this will mainly shore up growth rather than raising it.

scholarly journals The International Monetary and Financial System

2019 ◽  
Vol 11 (1) ◽  
pp. 859-893 ◽  
Author(s):  
Pierre-Olivier Gourinchas ◽  
Hélène Rey ◽  
Maxime Sauzet
Keyword(s):  
United States ◽  
World Economy ◽  
Balance Sheet ◽  
The United States ◽  
Exorbitant Privilege ◽  
International Currencies ◽  
The Us ◽  
The World ◽  
Us Dollar ◽  
Triffin Dilemma

International currencies fulfill different roles in the world economy, with important synergies across those roles. We explore the implications of currency hegemony for the external balance sheet of the United States, the process of international adjustment, and the predictability of the US dollar exchange rate. We emphasize the importance of international monetary spillovers and of the exorbitant privilege, and we analyze the emergence of a new Triffin dilemma.

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