American Power and the Prospects for

The turn of the century has seen the US greatly enhance its military supremacy across the world. It has also played a key role in shaping the international economic order. More recently, however, its world-wide economic domination has started to diminish as other regions and countries have become globally important players.Simon Bromley brings a fresh perspective to these issues, arguing that it is as yet unclear whether the US will be capable of rising to the challenges posed by the new world order. He carefully examines the intricacies of these debates including the American ideology of a liberal international order and the relation of this to the Bush doctrine; US power in the transatlantic arena and US-European integration in relation to the EU and NATO; and the geo-politics of oil. He looks at a range of challenges to US dominance, including the weakening of the dollar; the rapid growth and industrialization of Asia; and the strengths and weaknesses of Bush's foreign policy.This book is set to spark debate amongst students and scholars of international politics, as well as appealing to anyone interested in the changing shape of the international order.

Simon Bromley is Senior Lecturer in Politics and International Studies at the Open University.

List of Tables and Figures	p. vii
Preface	p. viii
Introduction: The American Project for a Liberal International Order	p. 1
The American Ideology: Modernization Theory and the Neo-Conservatives	p. 8
Introduction	p. 8
What Was Modernization Theory?	p. 10
Containment and 'Development'	p. 14
Modernization Theory and World Order	p. 20
Modernity Is Not the 'End of History'	p. 31
Modernization Theory, the Neo-Conservatives and Bush Doctrine	p. 37
Conclusions	p. 50
America's Transatlantic Empire: Where in the World Is America?	p. 52
Introduction	p. 52
The American Empire	p. 54
Imperialism	p. 61
Anarchy, Rivalry and Interdependence	p. 66
US Power and the Liberal Capitalist International Order	p. 82
Conclusions	p. 97
American Oil, World Oil: Resources, Conflicts, Control and Scarcity	p. 101
Introduction	p. 101
Reasons for War?	p. 103
America's Oil, World Oil	p. 106
OPEC and World Oil	p. 115
The United States and Middle East Oil	p. 118
Reshaping the Greater Middle East	p. 122
The Role of Oil in the New Middle East Strategy	p. 135
Carry on Driving?	p. 143
Conclusions	p. 148
American Power, the Future of the Dollar and the Challenge of China	p. 149
Introduction	p. 149
International Money	p. 151
From Fixed to Floating Exchange Rates	p. 160
Resurgent Asia	p. 173
Containing China?	p. 185
Conclusions	p. 199
Conclusion: The Prospects for a Liberal International Order	p. 202
Notes	p. 211
Bibliography	p. 226
Name Index	p. 237
Subject Index	p. 240
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American Power and the Prospects for International Order

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