Race to Set New Rules as the Global Economic Order Changes: China’s Attempt to Become Hegemon Cover Image

Küresel Ekonomik Düzen Değişirken Yeni Kuralları Belirleme Yarışı: Çin’in Hegemon Olma Denemesi
Race to Set New Rules as the Global Economic Order Changes: China’s Attempt to Become Hegemon

Author(s): Sibel Çaşkurlu
Subject(s): Supranational / Global Economy, Economic history, International relations/trade, Political economy, Transformation Period (1990 - 2010), Present Times (2010 - today)
Published by: Ahmet Arif Eren
Keywords: Hegemony; Global Economic Order; U.S.; China; Great Decoupling;

Summary/Abstract: After the 2008 Global Financial Crisis, the decline of the U.S. hegemony and China’s rise have begun to be discussed. Since 2012 China has started to show its intentions to become the new hegemon. For this reason, relations between the two countries have become increasingly strained. The U.S. first launched a trade war against China in 2016, and then resolutely moved to the Great Decoupling phase. This paper addresses the escalating struggle between the U.S. and China to become the next hegemon and the transformation of the global economic order in relation to the change of the hegemony.

  • Issue Year: 6/2022
  • Issue No: 3
  • Page Range: 1389-1418
  • Page Count: 30
  • Language: Turkish