This book presents a novel and cutting-edge interpretation of the evolving political economy of the Americas. Through a combination of qualitative research and theory, it considers the reconstruction of American-led hegemony in the Americas since the 1982 debt crisis and presents an examination of the new Pax Americana.

Drawing on the Gramscian concept of hegemony as understood by Robert Cox and Henri Lefebvre, this book argues that since the 1982 debt crisis there has been a reconstruction of American-led hegemony under the signature of neo-liberalism and that it has taken place in the...