War or Peace

The Struggle for World Power

Business & Finance, Economics, International Economics, Economic Development, Nonfiction, Social & Cultural Studies, Political Science
Cover of the book War or Peace by Deepak Lal, OUP India
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Author: Deepak Lal ISBN: 9780199095315
Publisher: OUP India Publication: May 22, 2018
Imprint: OUP India Language: English
Author: Deepak Lal
ISBN: 9780199095315
Publisher: OUP India
Publication: May 22, 2018
Imprint: OUP India
Language: English

Today’s international climate is one of disorder. A League of Dictators (China, Russia, Iran) is threatening the superpower status of the United States of America, and the liberal international order it has underwritten. A piecemeal Third World War seems to have begun. Eminent economist Deepak Lal argues that the global financial crisis was the proximate cause for a revanchist China and Russia believing that the liberal economic order promoted by the US was on its deathbed, and their illiberal systems were the future. But Lal argues that reports of the economic woes of the US are greatly exaggerated—as are those of China’s prospects and Russia’s power. With a new regime, and the US’ continuing overwhelming economic and military strength, it can maintain its global hegemony by challenging the League of Dictators. India is increasingly a partner in this effort to maintain a liberal global order, by helping contain China’s burgeoning influence.

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Today’s international climate is one of disorder. A League of Dictators (China, Russia, Iran) is threatening the superpower status of the United States of America, and the liberal international order it has underwritten. A piecemeal Third World War seems to have begun. Eminent economist Deepak Lal argues that the global financial crisis was the proximate cause for a revanchist China and Russia believing that the liberal economic order promoted by the US was on its deathbed, and their illiberal systems were the future. But Lal argues that reports of the economic woes of the US are greatly exaggerated—as are those of China’s prospects and Russia’s power. With a new regime, and the US’ continuing overwhelming economic and military strength, it can maintain its global hegemony by challenging the League of Dictators. India is increasingly a partner in this effort to maintain a liberal global order, by helping contain China’s burgeoning influence.

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