ABSTRACT

This conclusion presents some closing thoughts on the key concepts discussed in the preceding chapters of this book. The book examines the nonmaterial bases of power and hegemony. The book suggests that a liberal world economy functions best when a hegemonic or dominant economic power exists. It argues that hegemonic order is established and maintained by the convergence of normative beliefs among national elites. The book analyzes the impact of international economic relations on national security. It discusses question of whether growing international interdependence increases or decreases US national security. The book explains issues of the balance between international cooperation and international conflict that arise from a changing international economy and uneven growth. It also argues that although the international system is in a watershed period when the biggest issues of economic and political organization are subject to debate and redefinition, public policies do not escape the bureaucratic confines of ordinary policymaking.