Beyond the age of hegemony

Jeffrey Sachs

Review of Keynesian Economics, 2024, vol. 12, issue 3, 278-283

Abstract: This paper delves into the origins of modern conflicts amidst the waning dominance of the Western world, particularly the United States. It argues that contemporary tensions stem from this power shift, driven by technological advances and economic convergence. Advocating for a transition to multipolarity and multilateralism, this paper emphasizes the drawbacks of the continued US quest for hegemony and the benefits of global cooperation. It envisions a future characterized by peace and shared development, underpinned by international collaboration and respect for diversity.

Keywords: Hegemony; Multipolarity; Geopolitics; International relations; Globalization (search for similar items in EconPapers)
JEL-codes: F51 F52 N40 O33 P33 (search for similar items in EconPapers)
Date: 2024
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