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  1. Crisis as Opportunity: Nixon’s Announcement to Close the Gold Window

    The authors reexamine the announcement of the August 1971 decision to suspend convertibility of U.S. dollars to gold, or closing of the gold window, which ended the Bretton Woods system and ushered in the neoliberal era. Existing accounts identify critical pressure on the U.S. gold supply after May 1971 international currency disruptions as a tipping point for this policy. In contrast, using new archival evidence, the authors reveal that Nixon strategically framed May 1971 events as an urgent economic “crisis,” deploying “crisis” as a justification for closing the gold window.
  2. Public Concern about Terrorism: Fear, Worry, and Support for Anti-Muslim Policies

    In the era of 9/11, terrorist attacks occur with sufficient frequency and lethality to constitute a realistic threat to the well-being of the American public. Sensing this concern, politicians emphasize the threat of violent attacks to advance a platform of making public safety a priority. In this context, the authors assess the extent, sources, and emotional impact of the public’s concern about terrorism. On the basis of a national survey of 1,000 Americans, the authors examine levels of fear of a terrorist attack and worry about terrorism relative to other potential harms.

  3. Nuclear War in the Rivalry Phase of the Modern World-System

    Large-scale war is a world-system phenomenon of the rivalry phase. Such conflicts have once again become a concern, and nuclear weapons make these prospects especially dangerous. This is particularly problematic since several world-systems perspectives suggest the chances for war will be greatest in the period from 2030 to 2050. I review the logic of rivalry, the reasons for the endurance of nuclear weapons, old and new nuclear strategies, and the processes that may pose the greatest existential dangers.
  4. Rents, Power and Governance in Global Value Chains

    This paper addresses the  generation  of  rents  and  the  distribution  of  gains  in  the  global  operations  of  governed Global  Value  Chains  (GVCs)  and  seeks  to  provide  an  architecture  for  analyzing  the  governance  of  GVCs.  It distinguishes between four sets of rent—gifts of nature; innovation rents; exogenously defined rents; and market power—and three spheres of governance—setting the rules -“legislative governance”; implementing the rules -“executive governance”; and monitoring rules and sanctioning malfeasance -“judicial governance.” The exercise of governance power in
  5. From Promoting Political Polyarchy to Defeating Participatory Democracy: U.S. Foreign Policy towards the Far Left in Latin America

    During the 1980s, the United States initiated an explicit policy of democracy promotion throughout the world. William Robinson (1996) more accurately described this initiative as “promoting polyarchy,” whereby the United States supported moderate elite actors that promoted neoliberal economic policies to displace both right-wing and communist despots, such as General Augusto Pinochet in Chile and Soviet rulers in Eastern Europe.
  6. Buen Vivir as Policy: Challenging Neoliberalism or Consolidating State Power in Ecuador

    Core countries, including the United States, and global financial institutions have exerted an unmatched power to define and implement neoliberal policies, globally. These policies conceive of development as strictly economic in nature and call for a reduction in the size of the state and increasing privatization to guarantee growth. In this paper I examine Ecuador’s adoption of ‘Buen Vivir’ to understand how the state can challenge the neoliberal agenda and how its power is redefined in the process.
  7. Geoeconomic Uses of Global Warming: The “Green” Technological Revolution and the Role of the Semi-Periphery

    While some semi-peripheral countries have seen renewable energies as an opportunity to build their industrial and technological capacities, core countries and global governance organizations have been promoting “green growth.” Since the 2008 global financial crisis, global warming has been used as a catalyst for big business. As the global economy may be entering the first stage of a “green” technology revolution, neo-Schumpeterian economists have regained visibility.
  8. Territorial Contradictions of the Rise of China: Geopolitics, Nationalism and Hegemony in Comparative-Historical Perspective

    There is debate in the literature regarding whether China can become a new world hegemonic power in the 21st century. Most existing analyses focus on economic aspects of world hegemony-building processes and ignore its macro-political dimensions. This article starts with the premise that reshaping the geopolitical configuration of the inter-state system is an important part of world hegemony-building processes.
  9. Intrastate Dynamics in the Context of Hegemonic Decline: A Case Study of China’s Arms Transfer Regime

    The decline of a hegemon can create openings for lesser powers to expand their influence in the world-system. Is this what China is currently attempting to do? This paper contributes to this on-going debate by examining China’s arms transfer activities from a historical perspective. Using data from the Stockholm International Peace Research Institute arms transfer database and the World Military Expenditures and Arms Transfers database, I argue that the Chinese arms transfer regime has evolved through three phases.
  10. Research Note: Measuring the Impacts of Colonialism: A New Data Set for the Countries of Africa and Asia

    We present a new dataset with 15 indicators for the political, economic and social impact of colonialism. This dataset and our four indices for the impact of colonialism create for the first time the opportunity to compare directly the levels of colonial transformation for a sample of 83 African and Asian countries. Some of our exploratory findings on the interrelation of the dimensions show that in British colonies political domination was in general less direct and less violent. Plantation colonies experienced more investment in infrastructure and more violence during decolonization.