Rethinking Hegemonic Steadiness Theory: Some Reflections from your Regional Integration Experience in the Developing Universe

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 Rethinking Hegemonic Stability Theory: Some Glare from the Local Integration Experience in the Growing World Essay

RETHINKING HEGEMONIC STABILITY THEORY: SOME REFLECTIONS FROM THE LOCAL INTEGRATION EXPERIENCE IN THE EXPANDING WORLD

Petropoulos Sotirios1 Initial Draft

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Phd Candidate at Harokopion University, section of Location, Researcher at

the Company of Foreign Economic Relations

The daily news examines the capacity of the hegemonic stability theory to interpret the creation and advancement regional the use schemes in the developing universe. More specifically, this paper aims at testing the idea through a comparison analysis of three significant and reliable regional incorporation schemes inside the developing community: the The southern area of Africa Expansion Community in Sub-Saharan Africa, the ASEAN in South-eastern Asia plus the Mercosur in South America. The analysis demonstrates that the hegemonic stability theory can offer valuable interpretations intended for specific decisions and innovations, but it also presents some weak points in developing a complete and systematic description – or perhaps a forecast -- for the course and the development of these regional companies. Consequently, the structure plus the content of regional organizations and their impact in shaping the local, regional and global environment is still to a hugely dependent from other variables that prevent - if they just do not exclude -- a common model.

This paper is based on analysis which is somewhat founded by the State Scholarships Foundation in Greece.

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Introduction Through this paper it is going to be examined whether the assumptive framework in the Hegemonic Stability Theory can provide useful understanding of regional cooperation strategies that take place in the developing world. In the first area of this paper the importance of regionalism today politics is assessed, then the theoretical framework to be used is examined while some assumptive conditions being met by the selected empirical cases are being arranged. Going even more the selected reps of regionalism in the expanding world will be being provided. After a short historical analysis of all three regional co-operation schemes, the following sections assess the scientific cases throughout the theoretical platform introduced in the last sections plus the conditions imposed by the theory. The paper closes with some conclusions and a outlining table regarding the theoretical platform and the picked empirical cases.

The importance of regionalism The building blocks of the Euro Economic Community in the 1950's created a fresh trend in international politics, the integration of mainly nearby states to a regional business (regionalism). All previous kinds of interstate cooperation were based within the principal of maintaining countrywide sovereignty within just each state. They were mainly security pacts aiming at the creation of any level of balance of electricity in a selected area to be able to promote regional peace. The creation from the European Financial Community by simply France, West Germany, Netherlands, Italy, Athens and The duchy of luxembourg in 1957 will customize usual patterns of interstate cooperation as the cooperation between these European declares will start in the economic and trade sector. Moreover, these kinds of six claims will accept a gradual copy of nationwide sovereignty for the regional level. This Western initiative will probably be copied all around the world. This wave of regionalism, which for many researchers is a first one, was based in two critical foundations: the XXIV actual the General Agreement on Charges and Control (GATT) as well as the dynamics of the European Financial Community inside the first years of its creation. 2

The period after World War II was designated by the ownership, by by least the countries of the western world, with the principles of totally free trade, a trend that was institutionalized by the placing your signature to of the GATT. Aiming at the gradual liberalization of community trade, GATT and later on the WTO bring about the decrease of the average standard of tariffs all around the world....

Bibliography: Web sites 1 . installment payments on your 3. 5. http://en.wikipedia.org/wiki/Hegemonic_stability_theory http://en.wikipedia.org/wiki/ASEAN http://en.wikipedia.org/wiki/MERCOSUR http://en.wikipedia.org/wiki/Southern_African_Development _Community

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