America's Global Advantage : US Hegemony and International Cooperation

Carla Norrlof challenges the idea that other states benefit more from U.S. hegemony than the United States itself. Analysing America's advantages in trade, money, and security, Norrlof shows how America benefits from being the world's dominant power, arguing it is likely to maintain its hegemonic position for the foreseeable future.

For over sixty years the United States has been the largest economy and most powerful country in the world. However, there is growing speculation that this era of hegemony is under threat as it faces huge trade deficits, a weaker currency, and stretched military resources. America''s Global Advantage argues that, despite these difficulties, the US will maintain its privileged position. In this original and important contribution to a central subject in International Relations, Carla Norrlof challenges the prevailing wisdom that other states benefit more from US hegemony than the United States itself. By analysing America''s structural advantages in trade, money, and security, and the ways in which these advantages reinforce one another, Norrlof shows how and why America benefits from being the dominant power in the world. Contrary to predictions of American decline, she argues that American hegemony will endure for the foreseeable future.