Monday, May 18, 2020

Hegemony Promotes Cooperation International Trade And...

Hegemony Promotes Cooperation Over the past century, international trade and cooperation have risen exponentially. As states enter cooperative agreements and trade barriers crumble, the international system experiences stability and growth. Despite the benefits, many states choose to opt out of cooperation and trade because entering the international market can be expensive and partnerships can be exploitative (Baccini, Poast Urpelainen 1). Leonardo Baccini, Paul Poast, and Johannes Urpelainen—assistant professors at the University of London, Rutger University, and Columbia University respectively—believe that states can safely obtain cooperation with the assistance of hegemons. The assistant professors collaborate in their article, â€Å"The Return of Hegemonic Theory: Dominant States and the Origins of International Cooperation,† to answer the question, â€Å"Does hegemonic power facilitate international cooperation?† (Baccini, Poast Urpelainen 1). Acc ording to the assistant professors, the problem with cooperation rests in the cost and manipulative nature of asymmetrical partnerships. Entering economic trade agreements require a state to restructure its internal systems in order to maximize its gains (Baccini, Poast Urpelainen 5). Weaker states that undergo costly restructuring are at risk of being exploited by the more powerful partners (Baccini, Poast Urpelainen 2). A weaker state will also find it substantially more difficult to withdraw from a partnership the more itShow MoreRelatedThe Return Of Hegemonic Theory : Dominant States And The Origins Of International Cooperation1508 Words   |  7 PagesOver the past century, international trade and cooperation have risen exponentially. As states enter cooperative agreements and trade barriers crumble, the international system experiences stability and growth. 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