Economics and Hegemony; Globalization and International Trade Agreements
This paper examines the concept of hegemony and its historical impacts on the Arabic and Islamic countries. It is foreseen that has long path applied by the Western countries as disclosed by trade applications and history of economic thought. Impacts on Arabic and Islamic countries were visible in terms of trade, balances and persistent debts. A strong tool is evident with the called for integration, interdependence and the generated dependency syndrome. The establishment of that mechanism depends on a theory which we present as the Hegemonic Stability. The Arabic and Islamic countries did not succeed to form their effective economic blocks in order to counter such hegemonic effects because of their internal political structure which affect the structure of their international trade and economic benefits.
|Date of creation:||2010|
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- Kapstein, Ethan B., 1989. "Resolving the regulator's dilemma: international coordination of banking regulations," International Organization, Cambridge University Press, vol. 43(02), pages 323-347, March.
- Eliana Cardoso, 1989. "The Macroeconomics of the Brazilian External Debt," NBER Chapters, in: Developing Country Debt and the World Economy, pages 81-100 National Bureau of Economic Research, Inc.
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