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Leading Sectors and World Powers: The Coevolution of Global Economics and Politics - Hardcover

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Leading Sectors and World Powers: The Coevolution of Global Economics and Politics - Hardcover
Leading Sectors and World Powers: The Coevolution of Global Economics and Politics - Hardcover
Leading Sectors and World Powers: The Coevolution of Global Economics and Politics - Hardcover
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Product Description

by George Modelski (Author), William R. Thompson (Author)

Why major powers rise, fall, and fight about their changing status

The idea that political and economic power moves in coordinated cycles has long intrigued political scientists and economists, for if such a pattern exists, a model explaining the phenomenon would gain predictive qualities. In Leading Sectors and World Powers, George Modelski and William R. Thompson venture beyond previous attempts to understand this supposition by establishing an explicit connection between war, economic innovation, and world leadership. They argue that surges in economic creativity, which in turn are tied to global war, determine leadership in the global system.

Contending that K-waves (processes delineating the wax and wane of industrial sectors) appear in paired sets correlated to long-cycle shifts (phases of world order punctuated by intensive bouts of global war), Modelski and Thompson construct a linked sequence of political-economic leadership extending from tenth-century China to the contemporary United States.

Back Jacket

The idea that political and economic power moves in coordinated cycles has long intrigued political scientists and political economists, for if a pattern exists in the rise and fall of international political power, a model explaining this pattern gains predictive qualities. In Leading Sectors and World Powers, George Modelski and William R. Thompson venture beyond previous attempts to explain why major powers rise, fall, and fight about their changing status to establish an explicit connection between war, economic innovation, and world leadership. They argue that surges in economic innovation, which in turn are tied to global war, determine leadership in the global system. Modelski and Thompson base their theory on the coordination of long cycles (phases of world order and decay punctuated by intensive bouts of global war) and K-waves (cycles delineating the wax and wane of leading industrial sectors). They contend that K-waves appear in paired sets correlated to long-cycle shifts in political power. Modelski and Thompson conclude by discussing the nature and timing of the next K-wave/long cycle peak, commenting on the relevance of it for U.S. industrial policy and speculating on the possibility of evolving away from this pattern in the near future.

Author Biography

William R. Thompson is professor of political science and director of the Center for the Study of International Relations at Indiana University.

Number of Pages: 282
Dimensions: 0.96 x 9.18 x 6.2 IN
Illustrated: Yes
Publication Date: March 02, 1996
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