Economics and Hegemony; Globalization and International Trade Agreements

Issam Mohamed ()

MPRA Paper from University Library of Munich, Germany

Abstract: 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.

Keywords: Hegemony; Economic Blocks; Trade Conflicts; Wars; Underdevelopment; West VS. East (search for similar items in EconPapers)
JEL-codes: A1 A10 A11 A14 A19 B0 B00 B11 B12 B15 B16 B30 C70 D20 D23 E00 G20 G23 G28 (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:31813

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