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Cold War, Globalisation and the Rise of US Hegemony:

Cold War, Globalisation and the Rise of US Hegemony:. 1989 and after ... Dr Andrew Roadnight 12 March 2014. Reagan and the “Evil Empire”. ‘TRICKLE-DOWN’ ECONOMICS STRATEGIC DEFENSE INITIATIVE (STAR WARS) AFGHANISTAN DERGULATION OF FINANCE. Gorbachev, Reform & Defeat.

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Cold War, Globalisation and the Rise of US Hegemony:

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  1. Cold War, Globalisation and the Rise of US Hegemony: 1989 and after ... Dr Andrew Roadnight 12 March 2014

  2. Reagan and the “Evil Empire” • ‘TRICKLE-DOWN’ ECONOMICS • STRATEGIC DEFENSE INITIATIVE (STAR WARS) • AFGHANISTAN • DERGULATION OF FINANCE

  3. Gorbachev, Reform & Defeat • GLASNOST (OPENNESS) • PERESTROIKA (RESTRUCTURING) • BREZHNEV DOCTRINE • 9 NOVEMBER 1989 • 25 DECEMBER 1991

  4. The New World Order • FRANCIS FUKUYAMA: ‘THE END OF HISTORY’ • THE “POISONOUS SNAKES” OR THE DRAGON? • THE “VISION THING” • CAPITALISM TRIUMPHS

  5. George W Bush: US Hegemon • KYOTO PROTOCOLS • ANTI-BALLISTIC MISSILE TREATY • 9/11 AND AL QAEDA • US UNILATERALISM • MANIFEST DESTINY IN IRAQ

  6. The War on Terror • MILITARY BUDGET: - $385BN (2001) - $698BN (2011) • AFGHANISTAN, PAKISTAN, IRAQ, IRAN, AFRICA • DRONES – WAR BY REMOTE CONTROL

  7. The Peoples’ Republic of China • THE AMERICA OF ASIA: A FRUSTRATED AIM • STATE CAPITALISM • HUMAN RIGHTS OR TRADE? • 400M OUT OF POVERTY

  8. Globalisation: A Definition “an interchange of world views, products, ideas and other aspects of culture. it describes the interplay of macro-social forces.” -------------------------------------------------------------------- Trade & transactions, capital & investment, migration, dissemination of knowledge (IMF, 2000)

  9. Globalisation and the US Economy • EXECUTIVE SALARIES - 25 X AVERAGE WAGE (1966) - 300+ X AVERAGE WAGE (2012) • 1981 AIR TRAFFIC CONTROLLERS STRIKE • 1980 – 2005: US MEDIAN HOUSEHOLD INCOME +3%

  10. Globalisation and the US Economy • MANUFACTURING EMPLOYMENT - 1977: 19.5M (22% NFP) - 2012: 12.0M (9% NFP) • RICHEST 1% - OWN 8% NATIONAL WEALTH (1980) - OWN 34.6% NATIONAL WEALTH (2007) • RICHEST 20% - OWN 85% NATIONAL WEALTH (2007) - OWN 87.7% NATIONAL WEALTH (POST-CRASH)

  11. Globalisation: Not a Panacea • 1997-98: ASIAN FINANCIAL CRISIS • 2000-01: DOTCOM COLLAPSE • 2007: WESTERN FINANCIAL CRISIS

  12. Globalisation: A Shift of Power • BRICS - BRAZIL - RUSSIA - INDIA - CHINA - SOUTH AFRICA • 2007: WESTERN FINANCIAL CRISIS

  13. Globalisation: New Challenges • CLIMATE CHANGE • POPULATION EXPLOSION - 2013: 6.2BN PEOPLE - 2050: 9.5BN PEOPLE (UKG) • DEVELOPED WORLD vs DEVELOPING WORLD

  14. Globalisation in 2014?

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