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Author: Joshua R. Itzkowitz Shifrinson
Publisher: Cornell University Press
ISBN: 1501725076
Category : Political Science
Languages : en
Pages : 186
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Book Description
As a rising great power flexes its muscles on the political-military scene it must examine how to manage its relationships with states suffering from decline; and it has to do so in a careful and strategic manner. In Rising Titans, Falling Giants Joshua R. Itzkowitz Shifrinson focuses on the policies that rising states adopt toward their declining competitors in response to declining states’ policies, and what that means for the relationship between the two. Rising Titans, Falling Giants integrates disparate approaches to realism into a single theoretical framework, provides new insight into the sources of cooperation and competition in international relations, and offers a new empirical treatment of great power politics at the start and end of the Cold War. Shifrinson challenges the existing historical interpretations of diplomatic history, particularly in terms of the United States-China relationship. Whereas many analysts argue that these two nations are on a collision course, Shifrinson declares instead that rising states often avoid antagonizing those in decline, and highlights episodes that suggest the US-China relationship may prove to be far less conflict-prone than we might expect.
Author: Joshua R. Itzkowitz Shifrinson
Publisher: Cornell University Press
ISBN: 1501725076
Category : Political Science
Languages : en
Pages : 186
Get Book Here
Book Description
As a rising great power flexes its muscles on the political-military scene it must examine how to manage its relationships with states suffering from decline; and it has to do so in a careful and strategic manner. In Rising Titans, Falling Giants Joshua R. Itzkowitz Shifrinson focuses on the policies that rising states adopt toward their declining competitors in response to declining states’ policies, and what that means for the relationship between the two. Rising Titans, Falling Giants integrates disparate approaches to realism into a single theoretical framework, provides new insight into the sources of cooperation and competition in international relations, and offers a new empirical treatment of great power politics at the start and end of the Cold War. Shifrinson challenges the existing historical interpretations of diplomatic history, particularly in terms of the United States-China relationship. Whereas many analysts argue that these two nations are on a collision course, Shifrinson declares instead that rising states often avoid antagonizing those in decline, and highlights episodes that suggest the US-China relationship may prove to be far less conflict-prone than we might expect.
Author: Greg Farrell
Publisher: Crown Currency
ISBN: 0307717879
Category : Business & Economics
Languages : en
Pages : 514
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Book Description
The intimate, fly-on-the wall tale of the decline and fall of an America icon With one notable exception, the firms that make up what we know as Wall Street have always been part of an inbred, insular culture that most people only vaguely understand. The exception was Merrill Lynch, a firm that revolutionized the stock market by bringing Wall Street to Main Street, setting up offices in far-flung cities and towns long ignored by the giants of finance. With its “thundering herd” of financial advisers, perhaps no other business, whether in financial services or elsewhere, so epitomized the American spirit. Merrill Lynch was not only “bullish on America,” it was a big reason why so many average Americans were able to grow wealthy by investing in the stock market. Merrill Lynch was an icon. Its sudden decline, collapse, and sale to Bank of America was a shock. How did it happen? Why did it happen? And what does this story of greed, hubris, and incompetence tell us about the culture of Wall Street that continues to this day even though it came close to destroying the American economy? A culture in which the CEO of a firm losing $28 billion pushes hard to be paid a $25 million bonus. A culture in which two Merrill Lynch executives are guaranteed bonuses of $30 million and $40 million for four months’ work, even while the firm is struggling to reduce its losses by firing thousands of employees. Based on unparalleled sources at both Merrill Lynch and Bank of America, Greg Farrell’s Crash of the Titans is a Shakespearean saga of three flawed masters of the universe. E. Stanley O’Neal, whose inspiring rise from the segregated South to the corner office of Merrill Lynch—where he engineered a successful turnaround—was undone by his belief that a smooth-talking salesman could handle one of the most difficult jobs on Wall Street. Because he enjoyed O’Neal’s support, this executive was allowed to build up an astonishing $30 billion position in CDOs on the firm’s balance sheet, at a time when all other Wall Street firms were desperately trying to exit the business. After O’Neal comes John Thain, the cerebral, MIT-educated technocrat whose rescue of the New York Stock Exchange earned him the nickname “Super Thain.” He was hired to save Merrill Lynch in late 2007, but his belief that the markets would rebound led him to underestimate the depth of Merrill’s problems. Finally, we meet Bank of America CEO Ken Lewis, a street fighter raised barely above the poverty line in rural Georgia, whose “my way or the highway” management style suffers fools more easily than potential rivals, and who made a $50 billion commitment over a September weekend to buy a business he really didn’t understand, thus jeopardizing his own institution. The merger itself turns out to be a bizarre combination of cultures that blend like oil and water, where slick Wall Street bankers suddenly find themselves reporting to a cast of characters straight out of the Beverly Hillbillies. BofA’s inbred culture, which perceived New York banks its enemies, was based on loyalty and a good-ol’-boy network in which competence played second fiddle to blind obedience. Crash of the Titans is a financial thriller that puts you in the theater as the historic events of the financial crisis unfold and people responsible for billion of dollars of other people’s money gamble recklessly to enhance their power and their paychecks or to save their own skins. Its wealth of never-before-revealed information and focus on two icons of corporate America make it the book that puts together all the pieces of the Wall Street disaster.
Author: Matthew Kroenig
Publisher: Oxford University Press
ISBN: 0190080264
Category : Political Science
Languages : en
Pages : 256
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Book Description
The United States of America has been the most powerful country in the world for over seventy years, but recently the U.S. National Security Strategy declared that the return of great power competition with Russia and China is the greatest threat to U.S. national security. Further, many analysts predict that America's autocratic rivals will have at least some success in disrupting-and, in the longer term, possibly even displacing-U.S. global leadership. Brilliant and engagingly written, The Return of Great Power Rivalry argues that this conventional wisdom is wrong. Drawing on an extraordinary range of historical evidence and the works of figures like Herodotus, Machiavelli, and Montesquieu and combining it with cutting-edge social science research, Matthew Kroenig advances the riveting argument that democracies tend to excel in great power rivalries. He contends that democracies actually have unique economic, diplomatic, and military advantages in long-run geopolitical competitions. He considers autocratic advantages as well, but shows that these are more than outweighed by their vulnerabilities.Kroenig then shows these arguments through the seven most important cases of democratic-versus-autocratic rivalries throughout history, from the ancient world to the Cold War. Finally, he analyzes the new era of great power rivalry among the United States, Russia, and China through the lens of the democratic advantage argument. By advancing a "hard-power" argument for democracy, Kroenig demonstrates that despite its many problems, the U.S. is better positioned to maintain a global leadership role than either Russia or China. A vitally important book for anyone concerned about the future of global geopolitics, The Return of Great Power Rivalry provides both an innovative way of thinking about power in international politics and an optimistic assessment of the future of American global leadership.
Author: David A. Cooper
Publisher: Georgetown University Press
ISBN: 1647121329
Category : Political Science
Languages : en
Pages : 244
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Book Description
In Arms Control for the Third Nuclear Age, David A. Cooper offers a reappraisal of classic arms control theory that advocates for reprioritizing deterrence over disarmament. In this very different era of great power rivalry, this hard-nosed approach will be a must-read for scholars, students, and practitioners of nuclear arms control.
Author: Michael J. Mazarr
Publisher: Rand Corporation
ISBN: 1977409407
Category : Political Science
Languages : en
Pages : 420
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Book Description
Nations rise and fall, succeed or fail in rivalries, and enjoy stability or descend into chaos because of a complex web of factors. One critical component is a nation’s essential social characteristics. This report examines the characteristics of highly competitive societies, explores the relationship of a nation’s social condition to its global standing, and then applies these lessons to the United States today.
Author: Talat Ayesha Wizarat
Publisher: Partridge Publishing Singapore
ISBN: 1543773737
Category : Business & Economics
Languages : en
Pages : 172
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Book Description
Belt and Road Initiative: Emerging World Order is an attempt to analyses President Xi Jinping’s concept of connectivity and cooperation. I have tried to examine the future of BRI. There can be no economic and political development without the availability of modern infrastructure. In this context development of digital technology assumes importance. BRI is spread over land and the maritime zone. The two components are inter related. BRI should not be viewed only as a set of trade routes; it is much more than that. The economic corridors will create interdependence and promote cooperation. While BRI is envisaged as a system which could lead to peace and prosperity among states. However, there are some threats which cannot be ignored. Members of BRI will have to devise a strategy to meet future challenges without getting involved in wars.
Author: Oriana Skylar Mastro
Publisher: Oxford University Press
ISBN: 019769506X
Category : Political Science
Languages : en
Pages : 337
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Book Description
Thirty years ago, the idea that China could challenge the United States economically, globally, and militarily seemed unfathomable. Yet today, China is a superpower. By showing how China pursued an "upstart" strategy rather than simply mimicking the US model, Upstart: How China became a Great Power powerfully demonstrates how China has been able to achieve great power status in such a short period of time -- and what it all means for the future of US-China relations.
Author: Nuno P. Monteiro
Publisher: Cambridge University Press
ISBN: 110890677X
Category : Political Science
Languages : en
Pages : 393
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Book Description
As the Cold War came to a close in 1991, US President George H. W. Bush famously saw its shocking demise as the dawn of a 'new world order' that would prize peace and expand liberal democratic capitalism. Thirty years later, with China on the rise, Russia resurgent, and populism roiling the Western world, it is clear that Bush's declaration remains elusive. In this book, leading scholars of international affairs offer fresh insight into why the hopes of the early post-Cold War period have been dashed and the challenges ahead. As the world marks the thirtieth anniversary of the collapse of the Soviet Union, this book brings together historians and political scientists to examine the changes and continuities in world politics that emerged at the end of the Cold War and shaped the world we inhabit today.
Author: Srdjan Vucetic
Publisher: McGill-Queen's Press - MQUP
ISBN: 0228006406
Category : Political Science
Languages : en
Pages : 253
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Book Description
Exceptionalist ideas have long influenced British foreign policy. As Britain begins to confront the challenges of a post-Brexit era in an increasingly unstable world, a re-examination of the nature and causes of this exceptionalist bent is in order. Arguing that Britain's search for greatness in world affairs was, and still is, a matter of habit, Srdjan Vucetic takes a closer look at the period between Clement Attlee's "New Jerusalem" and Tony Blair's New Labour. Britain's tenacious pursuit of global power was never just a function of consensus among policymakers or even political elites more broadly. Rather, it developed from popular, everyday, and gradually evolving ideas about identity circulating within British – and, more specifically, English – society as a whole. To uncover these ideas, Vucetic works with a unique archive of political speeches, newspapers, history textbooks, novels, and movies across colonial, Cold War, and post–Cold War periods. Greatness and Decline sheds new light on Britain's interactions with the rest of the world while demonstrating new possibilities for constructivist foreign policy analysis.
Author: Thierry Balzacq
Publisher: Oxford University Press
ISBN: 0192576623
Category : Political Science
Languages : en
Pages : 801
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Book Description
A clearly articulated, well-defined, and relatively stable grand strategy is supposed to allow the ship of state to steer a steady course through the roiling seas of global politics. However, the obstacles to formulating and implementing grand strategy are, by all accounts, imposing. The Oxford Handbook of Grand Strategy addresses the conceptual and historical foundations, production, evolution, and future of grand strategy from a wide range of standpoints. The seven constituent sections present and critically examine the history of grand strategy, including beyond the West; six distinct theoretical approaches to the subject; the sources of grand strategy, ranging from geography and technology to domestic politics to individual psychology and culture; the instruments of grand strategy's implementation, from military to economic to covert action; political actors', including non-state actors', grand strategic choices; the debatable merits of grand strategy, relative to alternatives; and the future of grand strategy, in light of challenges ranging from political polarization to technological change to aging populations. The result is a field-defining, interdisciplinary, and comparative text that will be a key resource for years to come.
