After Hemegony - Cooperation and Discord In The World Political Economy

After Hemegony - Cooperation and Discord In The World Political Economy

International cooperation has always been hailed and celebrated as the epitome of what is humanly possible. Yet, unknown to many, international cooperation is often fraught with various dangers. Among which includes defection, characterized as fight or flight, or, the free-rider problem. Indeed, the tragedy of the commons forms the basis of the problem of international cooperation: all parties want the maximum for themselves, only to leave everyone worse off.

In this book, Robert Keohane suggests that strong and robust institutions can be sufficiently compelling to function as a girdle on the ambitions of the many. But, the key issue remains that of institutional leadership; just who will provide it from within, or, without ? It has always redound on the United States to be the hegemon; the top dog so to speak. But over the years, as the United States has been eclipsed by other countries, occasionally without inviting a response, some have wondered if the United States have gone isolationist too ?

Once again, the presidency of the United States has been critical in addressing any leadership deficit. But with president elect Trump questioning the value of the North Atlantic Treaty Organization and America's relationship with Japan and South Korea, one has to wonder
if international cooperation is once again sustainable without a hegemon ?