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Erschienen in:
2017 | OriginalPaper | Buchkapitel
12. A Final Word on Globalization
verfasst von : Ken Moak
Erschienen in: Developed Nations and the Economic Impact of Globalization
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Abstract
There is no reason for the major powers’ falling into the “Thucydides Trap,” in that China is not challenging U.S. global hegemony. Indeed, it gladly lets America be the world’s “head honcho.” Instead of spending money and resources on policing the world, China would rather use the funds to address its many problems and enhance economic growth. However, long-term global economic and geopolitical stabilities require the major nations to cooperate on addressing the issues and sharing the benefits of globalization.