"The War Ledger" provides fresh, sophisticated answers to fundamental questions about major modern wars: Why do major wars begin? What accounts for victory or defeat in war? How do victory and defeat influence the recovery of the combatants? Are the rules governing conflict behavior between nations the same since the advent of the nuclear era?
The authors find such well-known theories as the balance of power and collective security systems inadequate to explain how conflict erupts in the international system. Their rigorous empirical analysis proves that the power-transition theory,...

Parity and War is an impressive explanation of why peace predominates in the international arena and why, on occasion, wars do start. Useful for college students and scholars alike, the work scrutinzes and tests ideas about power preponderance, first discussed over a decade ago in the widely acclaimed book The War Ledger.
An alternative to traditional realism, power preponderence contends that peace is preserved when a preponderant nation supports the status quo. The theory convincingly accounts for war initiation, recovery, and peace by analyzing military arms buildups,...

Given today's heightened competition between national economies in the global marketplace, many have come to believe that government intervention is needed in order for a country to maximize its economic well-being. But to what extent can even the most capable government act to attract investment and enhance economic growth without creating or exacerbating conflicts in societyespecially when unpopular measures, such as those aimed at controlling inflation and population growth, must be implemented?This timely book by an international team of economists and political scientists tackles that...

By integrating power transition theory and national policy, this title explores emerging issues in world politics in the 21st century, including proliferation and deterrence, the international political economy, regional hierarchies, and the role of alliances. It draws a map of the new world that can stimulate, provoke, and offer solutions.

Today, the European Union faces challenges that not only threaten internal cohesion but also its position in the global system. This book is about the future of the EU in the light of global power transition taking place in the twenty-first century and demonstrates how its future rests on a delicate balance between policy challenge, member states' interests, and convergence or divergence of societal values across its peoples.

The book examines factors behind the decline of the EU relative to the rise of China and other powers in the global hierarchy and what policy options are...