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Economics and Hegemony; Globalization and International Trade Agreements

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  • Mohamed, Issam A.W.

Abstract

This paper examines the concept of hegemony and its historical impacts on the Arabic and Islamic countries. It is foreseen that has long path applied by the Western countries as disclosed by trade applications and history of economic thought. Impacts on Arabic and Islamic countries were visible in terms of trade, balances and persistent debts. A strong tool is evident with the called for integration, interdependence and the generated dependency syndrome. The establishment of that mechanism depends on a theory which we present as the Hegemonic Stability. The Arabic and Islamic countries did not succeed to form their effective economic blocks in order to counter such hegemonic effects because of their internal political structure which affect the structure of their international trade and economic benefits.

Suggested Citation

  • Mohamed, Issam A.W., 2010. "Economics and Hegemony; Globalization and International Trade Agreements," MPRA Paper 31813, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:31813
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    References listed on IDEAS

    as
    1. Eliana Cardoso, 1989. "The Macroeconomics of the Brazilian External Debt," NBER Chapters, in: Developing Country Debt and the World Economy, pages 81-100, National Bureau of Economic Research, Inc.
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    3. Chandler, Alfred D., 1984. "The Emergence of Managerial Capitalism," Business History Review, Cambridge University Press, vol. 58(4), pages 473-503, January.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Hegemony; Economic Blocks; Trade Conflicts; Wars; Underdevelopment; West VS. East;
    All these keywords.

    JEL classification:

    • A1 - General Economics and Teaching - - General Economics
    • D20 - Microeconomics - - Production and Organizations - - - General
    • B15 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Historical; Institutional; Evolutionary
    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
    • B11 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Preclassical (Ancient, Medieval, Mercantilist, Physiocratic)
    • A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics
    • B0 - Schools of Economic Thought and Methodology - - General
    • B30 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - General
    • G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
    • C70 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - General
    • B00 - Schools of Economic Thought and Methodology - - General - - - History of Economic Thought, Methodology, and Heterodox Approaches
    • A10 - General Economics and Teaching - - General Economics - - - General
    • G20 - Financial Economics - - Financial Institutions and Services - - - General
    • D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
    • B12 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Classical (includes Adam Smith)
    • A19 - General Economics and Teaching - - General Economics - - - Other
    • B16 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Quantitative and Mathematical
    • E00 - Macroeconomics and Monetary Economics - - General - - - General

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