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International Economics Commons

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2017

Public Affairs, Public Policy and Public Administration

Honors Theses (PPE)

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Full-Text Articles in International Economics

Power Transitions And International Institutions: China's Creation Of The Asian Infrastructure Investment Bank, Liam Gennari Apr 2017

Power Transitions And International Institutions: China's Creation Of The Asian Infrastructure Investment Bank, Liam Gennari

Honors Theses (PPE)

China’s rise has generated a sense of instability in the international system. Power Transition Theory warns that this period of change at the top of the international hierarchy will be a moment of great danger, as China will likely be dissatisfied with the world order that the United States has created. This view coincides with pessimistic realist projections. Neoliberal institutionalism is more optimistic about the prospects for a peaceful transition, believing that China will not necessarily be a dissatisfied power as the international system and its institutions encourage cooperation and a focus on absolute gains, mitigating the likelihood of ...