The document finds hegemonic stability theory (HST) to be the most compelling international political economy theory. HST posits that for the international system to function smoothly, there needs to be a dominant state willing and able to take responsibility. The author sees parallels between HST and her observations of student group dynamics, where an unequal distribution of competence and power leads students to select a leader for organization. Similarly, in the international system no state is formally obligated to lead but the US fills this role as the most economically and militarily powerful country.
The document finds hegemonic stability theory (HST) to be the most compelling international political economy theory. HST posits that for the international system to function smoothly, there needs to be a dominant state willing and able to take responsibility. The author sees parallels between HST and her observations of student group dynamics, where an unequal distribution of competence and power leads students to select a leader for organization. Similarly, in the international system no state is formally obligated to lead but the US fills this role as the most economically and militarily powerful country.
The document finds hegemonic stability theory (HST) to be the most compelling international political economy theory. HST posits that for the international system to function smoothly, there needs to be a dominant state willing and able to take responsibility. The author sees parallels between HST and her observations of student group dynamics, where an unequal distribution of competence and power leads students to select a leader for organization. Similarly, in the international system no state is formally obligated to lead but the US fills this role as the most economically and militarily powerful country.
Which theory in IPE do you find most compelling? Why?
It is an unequal world. Just as individual persons are unequal, so are states. Domestically, citizens of a democratic state are entitled to the same rights and obligations, but on the ground, one still governs over them —one that has power. Internationally, states are all sovereign, but not all are equally powerful. Simply, the reason why HST as a theory is compelling to me is because I see how its logic exists in what I personally observe in my life as a student and as a citizen. When students are grouped to do a task in class —given the basic premise that not all students are equal in competence and power — two things are likely to happen. First, despite not being instructed so by the teacher, the students will feel the need to select a leader. They will either wait for that one student to initiate leadership, or point to him to be their leader. Secondly, that one student, if not willing, should at least recognize the need to accept this role. Why would he do so in the first place? Perhaps, because he gets the perks of ordering people around, or that he gets a higher mark for it. Why would the students not be against him being the leader? Because 1) they know he is competent, and 2) absence of a leader would lead to disorganization because no one of higher authority disseminates the tasks, and everyone is rationally incentivized to do no work (free- ride); which leads to failing marks. Hence, while they act on behalf of self-interest, it is a mutual one. I use the “being a student” analysis as an example, instead of “being a citizen in a country” because of simple reasons. Functions and selections of a leader in a country are bound by technicalities like its constitution. In the international system, no one formally elected the U.S. to be the hegemon, and no international constitution bounds U.S. to behave the way it does (except for its membership in multilateral institutions). But in reality, who can scare U.S. when it is economically strong and militarily advanced? In this unequal world, there is a Melit Jane R. Yu POS134 (A3) International Political Economy 4th Year BA Political Science Prof. Hilton Aguja
need for a dominant state able and willing to take responsibility for the smooth functioning of the international economic system.
(RIPE Series in Global Political Economy) Christopher May - The Global Political Economy of Intellectual Property Rights - The New Enclosures - Routledge (2000)
(International Political Economy Series) Sebastian Krapohl (Eds.) - Regional Integration in The Global South - External Influence On Economic Cooperation in ASEAN, MERCOSUR and SADC-Palgrave Macmillan