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"Economic preponderance of the us is …

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"Economic preponderance of the us is inseparable from the structural power analysis?tell me in simple language (please)
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Gaurav Seth 6 years ago

Economic preponderance of the US is inseparable from its structural power, it can be justified in the following manner:  1. The hegemon shapes the basic global economy in a particular manner as the US provided the Bretton Woods system after Second World War.  2. We can regard the World Bank, International Monetary Fund (IMF) and the World Trade Organisation (WTO) as the products of American hegemony

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