Modeling external constraints on the hegemonic strategies of regional powers
Sandra Destradi and
Erich Gundlach ()
Journal of Policy Modeling, 2014, vol. 36, issue S1, S6-S25
A simple general equilibrium model is borrowed from economics to study alternative foreign policy strategies of regional powers that are conditional on external constraints. An equilibrium hegemonic strategy is modeled as the joint production and consumption of two “goods” (empire and leadership) that are produced with two “input factors” (political repression and political support). A persistent policy change on the part of a global-level actor, such as a shift in great power interference, leads to a change in the hegemonic strategy of the regional power and to a disequilibrium. It is shown that an equilibrium can only be restored by a corresponding persistent change in the level of state power. Economic performance is identified as a key determinant of state power.
Keywords: Regional powers; Hegemonic strategies; Economic performance; General equilibrium model (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed
Downloads: (external link)
Full text for ScienceDirect subscribers only
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eee:jpolmo:v:36:y:2014:i:s1:p:s6-s25
Access Statistics for this article
Journal of Policy Modeling is currently edited by A. M. Costa
More articles in Journal of Policy Modeling from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().