Hegemonic Cycle
= singular: the hegemony cycle
Description
Joshua Goldstein:
"Hegemony cycles are ultimately defined by a special set of wars that I call hegemonic wars(see chapter 13).,These wars mark the end of a long period of hegemonic decline and rivalry and the rise of a new hegemony in the world system. Shifts between hegemony and rivalry in the core follow a cyclical pattern but ona longer time scale than the long wave. Hegemonic war is followed by strong hegemony (as one country emerges from war in the strongest position), followed by the weakening of hegemony, increasing competition, and ultimately another hegemonic war. This sequence, which I call the hegemony cycle, takes on the order of a century and a half to complete. Thus several economic long waves occur within one hegemony cycle. But the hegemonic wars, dating the long hegemony cycle, do not seem to be tightly synchronized with the shorter ups and downs of the long wave. Superficially, the long wave is an economic phenomenon, and the hegemony cycle is a political one. But in fact the long wave contains key political elements (war plays a central role), and the hegemony cycle contains economic elements (economic hegemony and competition)."