Abstract The United States has been widely blamed for the recent financial crisis. As the U.S. economy floundered and China continued to grow in the…
Abstract The United States has been widely blamed for the recent financial crisis. As the U.S. economy floundered and China continued to grow in the…
Abstract In recent years, the economic determinants of international currency status have attracted growing attention among economists. But what about the political determinants? This paper…
Abstract The future of the dollar depends partly on China and the US being able to effectively manage the tensions arising from the large bilateral…
Abstract While the demise of the dollar has been predicted in the past, expectations of a fundamental change in the international role of the dollar…
Abstract This paper explores the origins and trajectory of the Washington Consensus – the ideas associated with the developing countries’ move to free markets in…
Abstract Over the past two decades, the spread of ideas and policies associated with the Washington Consensus has captured the attention of political economists. As…
Abstract The United States and China are shadowboxing each other for influence and status in the Asia Pacific. Rhetorically pulling punches but operationally throwing jabs,…
Abstract Since the mid-2000s it has become common, although far from universal, to characterise the world as ‘multipolar’. There has, however, been scant attention to…
Abstract Perceptions of American international decline are not new. This article considers the current debate over US decline in historical context, noting that current forecasts…
Abstract The changing geopolitical landscape is fraying the fabric of US hegemony and compromises the current structures of global order tied to US supremacy. Emerging…
Abstract Plentiful spare capacity persists in the oil production and tanker industries, contrary to Michael Levi’s contention in his response to our earlier article, “Protecting…
Abstract How might Iran retaliate in the aftermath of a limited Israeli or U.S. strike? The most economically devastating of Iran’s potential responses would be…
Summary This year’s Energy Security Report examines how Asia’s rising energy demand, coupled with angst over high prices and the reliability of future supplies, is…
Summary Oil is the world’s most important commodity. It is also one of the most politicized, with national oil companies controlling most of the world’s…
Abstract Many Americans have lost confidence in their country’s “energy security” over the past several years. Because the United States is a net oil importer,…