Unipolarity and global stability

Liberal Hegemonic Stability Theory

• Global hegemony widely perceived as benign promotes stability

  • E.g. Pax Romana/Britania/Americana

    • 🇺🇸 ideals prevailed and other countries bandwagoned behind her

3 ways 🇺🇸 hegemony has maintained stability

1. 🇺🇸 military presence in Pacific 🌊 deterred 🇨🇳

2. 🇺🇸 patrols areas of oil transport to prevent 🇮🇷 from attempting to monopolise oil

3. Washington Consensus established globally interconnected economy

3 advantages to countries to be part of a hegemonic system

1. Guaranteees stability needed for free flow of goods and capital

2. More likely to resolve desputes through deterrence of agrression and enforcement of obedience by miltary hegemon

3. States can freeload off the hegemon

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