American Domination

Paper Summary:

The paper discusses how it has become commonplace to refer to the 20th century as "The American Century." This paper argues that the reasons for this designation lie in the fact that during this century, the United States dominated global, political and economic relations to an extraordinary degree. As the paper shows, the institutions of the new global economy in the early 21st century - which are largely the successors of the institutions established by the United States in the 20th century - are likely to continue to perpetuate the power of the United States.

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