HEGEMONYANIN SİYASAL VE FİNANSAL ETKİLEŞİMİ ÇERÇEVESİNDE BIDEN DOKTRİNİ VE ABD-ÇİN REKABETİNİN TÜRK DÜNYASINA OLASI ETKİLERİ
THE POTENTIAL IMPACT OF THE BIDEN DOCTRINE AND US-CHINA RIVALRY ON THE TURKIC WORLD: A STUDY OF POLITICAL AND FINANCIAL INTERACTIONS OF HEGEMONY
Author(s): Mehmet Kuzu, Fatih KocaoğluSubject(s): Supranational / Global Economy, Economic policy, International relations/trade, Geopolitics
Published by: Karadeniz Araştırmaları Merkezi
Keywords: Hegemony; Political Economy; Financial Economy US-China Rivalry; Biden Doctrine; SWOT Analysis;
Summary/Abstract: The concept of “hegemony”, in the broadest sense refers to the situation where any system or system element can influence and be decisive in the functioning of another system or systems that it is inside these. Hegemony in terms of international relations and international economy and politics with its sub-disciplines refers to a country’s power to exert political influence over another country. After the World Wars, the aim of establishing a uniform global political and economic order, in which the USA was the only hegemonic power, was at the centre of the global political paradigm and strategies of the democratic party presidents in power in the USA (United States of America). After the Second World War, a bipolar international order was built in which the US hegemony controlling the seas within the framework of the Mahan doctrine and the hegemony of the USSR (Union of Soviet Socialist Republics) ruling the terrestrial region of the Eurasian world by applying the terrestrial geopolitical doctrine coexisted. After the collapse of the Soviet Union in 1991, The USA has evolved into a hegemonic power that dominates the global order alone. With this; People's Republic of China; After the reform process initiated in 1978, followed by "Perestroika (economic openness policies)" and "Glasnost" (political openness policies), the People's Republic of China emerged as the hegemonic rival of the USA in the global order after the 2000s. This study aims to determine the connection between the Biden doctrine and the dynamics of US-China competition in terms of hegemony indicators within the framework of economic and financial politics of hegemony. Then, the purpose of the results obtained is to determine the possible opportunities and threats on the Turkish world and the Republic of Türkiye. The SWOT (Strengths, Weaknesses, Opportunities, and Threats) analysis method was chosen to measure the dimensions of the hegemonic rivalry between the USA and China in terms of both countries. This method enables to compare the possible strengths, weaknesses, opportunities and threats for a particular phenomenon in a given condition. The main reason for choosing this method is the strenghts and weaknesses of the parties against each other in the USA-China hegemonic rivalry; It provides the opportunity to evaluate the possible opportunities and threats brought by this competition together. However, The Turkish World and the Republic of Turkiye are not directly involved in this competition. For this reason, only the possible opportunities and threats that the US-Chinese competition will bring for the Turkish World and Turkiye have been determined.
Journal: Karadeniz Araştırmaları
- Issue Year: 2024
- Issue No: 81
- Page Range: 177-219
- Page Count: 43
- Language: Turkish