Economics Of Rivalry Conflict And Cooperation

Author : Alpo M Rusi
Publisher : Routledge
ISBN 13 : 0429720548
Total Pages : 133 pages
Book Rating : 4.4/5 (297 download)

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Download or read book Dangerous Peace written by Alpo M Rusi and published by Routledge. This book was released on 2021-11-28 with total page 133 pages. Available in PDF, EPUB and Kindle. Book excerpt: Alpo Rusi provides a broad vision of the strategic landscape for the coming century, warning against dangers inherent in the emerging world order. He predicts a more complexand potentially hostilemultipolar system based on four or five rival trading blocs. Despite the centrality of trade rivalries, the role of military force will not vanish. Although he considers superpower conflict unlikely, he expects that lower-level conflicts will become more prevalent. Consequently, Rusi believes that the trading blocs will have to actively pursue security arrangements that will safeguard the traditional role of the nation-state. }Examining the international system from a geopolitical and geoeconomic perspective, Alpo Rusi provides a broad vision and bold forecast of the emerging strategic landscape for the coming century. An asymmetrical world system is emerging. The United States is now the sole true world power; it forms the core of a unipolar order characterized by an uneven division of world power and economic resources. Rusi argues, however, that this postCold War order will not survive into the next century.Rusi suggests that the power vacuum in the former Soviet empire will be filled by China in Asia and by the European Union in Eastern Europe, Russias disintegration and decline in world power status will continue but may have reached its bottom line economically, and Islam will gain strength in various parts of the world, embracing a new international role. He also predicts that the world will be split into four or five distinct trading blocs: A European bloc formed around the European Union; an East Asian bloc, potentially strong, interventionist, and even aggressive, formed around China and the Singapore economic region; Japan, as a strong and still competitive economic power; and a Pan-American bloc, also strong but potentially isolationist, formed around the United States. One of the question marks will be the future ability of an orthodox Russia to facilitate conditions for an economic space. According to Rusi, these trading blocs will develop new political or geopolitical interests. For example, the European bloc will extract fossil fuels from the former Soviet Union instead of the Middle East, thereby changing the existing global trade system. Each bloc will have certain internal problemsthe Europeans will be linked to the unstable successors to the Soviet Union, the East Asian Bloc will have to contemplate whether Chinas economic growth and geopolitical expansions will create a new bipolar world in the early twenty-first century, and the Pan-American bloc will struggle with continuing political and economic instability in South and Central America.Finally, Rusi warns that it is crucial for the European and Pan-American blocs to build upon the traditional Euro-Atlantic relationship. Without it, he argues, a truly polarizedand potentially hostilebloc system will take root, most likely lining the Western pan-regions against Chinas expansiveness. }