INR 2001 Lecture Notes - Lecture 25: Hegemonic Stability Theory, Counterforce, Arms Control

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24 Nov 2017
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A body of theory that maintains that the establishment of hegemony for global dominance by a single great power is a necessary condition for global order in commercial transactions and international military security. Some theorists construct the hegemonic stability theory as an alternative to the balance of power theory. This theory postulates that a single, dominant hegemony can guarantee peace better than a rough equality of military capabilities among competing great powers. arms control. The ration of defense spending to gdp, is the customary way to measure the sacrifices required by military spending. The global trend shows that the share of resources used for military purposes has increased steadily since 2000, and the military burden now corresponds to 2. 5% of world gdp. It is difficult to generalize about the precise relationship between a country"s defense burden and its citizens standard of living, human development, or stage of development.

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