[DOWNLOAD] "Graceful Decline: The End of Pax Americana (Strategy)" by Christopher Layne # eBook PDF Kindle ePub Free

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eBook details

• Title: Graceful Decline: The End of Pax Americana (Strategy)
• Author : Christopher Layne
• Release Date : January 01, 2010
• Genre: Politics & Current Events,Books,
• Pages : * pages
• Size : 58 KB

Description

THE UNITED STATES emerged from World War II in a position of global dominance. From this unparalleled military and economic power came a Pax Americana that has endured for more than six decades. It seemed the sun would never set on the U.S. empire. But America is increasingly unable to play the hegemon's assigned role. Militarily, a hegemon is responsible for stabilizing key regions and guarding the global commons. Economically, it offers public goods by opening its domestic market to other states, supplying liquidity for the world economy, and providing the reserve currency. A hegemon is supposed to solve international crises, not cause them. It is supposed to be the lender of last resort, not the biggest borrower. Faced with wars it cannot win or quit and an economy begging rescue, the United States no longer fits the part.

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