A Modified Theory of Hegenmonic Stability.

Abstract

This thesis attempts to present a testable, parsimonious, economic and quantitative theory of hegemonic stability that is able to explain and predict the trade policies of each of the major actors in the international economic system from 1870 to 1986. To accomplish this goal, David Lake's version of hegemonic stability theory was modified by adding a security variable that took national security interests into account. Testing the theory required the historical examination of trade policies and national security interests of the major states in the international economic system. The results of the thesis indicate that national security interests are of vital importance in the formation of a state's foreign trade policy. The ultimate conclusion is that the modified version of hegemonic stability theory improves the predictability of trade policies from 71 percent to 97 percent, thereby validating the modification.

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Document Details

Document Type
Technical Report
Publication Date
Dec 01, 1994
Accession Number
ADA290019

Entities

People

  • Vernon W. Conaway

Organizations

  • Air Force Institute of Technology

Tags

Communities of Interest

  • Counter WMD
  • Energy and Power Technologies
  • Human Systems
  • Space
  • Weapons Technologies

DTIC Thesaurus Topics

  • Economic Systems
  • Geography
  • Intergovernmental Organizations
  • International Law
  • International Organizations
  • International Relations
  • International Trade
  • Investments
  • Market Economy
  • National Politics
  • National Security
  • Nuclear Weapons
  • Political Systems
  • Recreation
  • Second World War
  • Trade Policy
  • Treaties

Readers

  • Computational Modeling and Simulation
  • East Asian Political and Security Studies within the Soviet Union
  • Theoretical Analysis.