Balance of power in international relations

Ultimately, the exchange rate determines the purchasing power of a particular currency. The exchange rate has a significant effect on the country's foreign trade since the competitiveness of the country’s products in global markets depends to a large extent on its level. The exchange rate is necessary for the exchange of currencies in the trade of products and services, the movement of capital and credit. It is also necessary…

principles of the realist international relations theory. Having this purpose in mind, this essay will focus on two of the most fundamental concepts of the realist school of thought: power and state centrism. The first part of this essay will discuss the concept of power, its place within the realist theory and its limitations. From the beginning, this essay establish an appropriate language for addressing this concept. Consequently, I will make reference to “hard power” when talking about…

broad paradigm in which it is a view of international politics that stresses its competitive and conflictual side. Realists often trace their intellectual roots to Thucydides classic account of Peloponnesian war in the fifth century B.C. At their core realists’ theories have a pragmatic approach to international relations describing the world as it is not as it ought to be. Realist believe that power is the currency of international politics. Great powers, the main actors in the realist’ account…

Realism is a worldview that critics have called cynical and pessimistic. However, the logic behind realism can explain many conflicts in the international realm. The tenets of realism starts with the State. The state is the number one player in the world. By definition, a state is a legal entity with defined borders, government and population, and sovereignty. With the state as the key player, universal organizations like the United Nations and Nato are not as important in this world view.…

ending with the economy, politics and international relations. China is not an exception in those changes. Over the last couple of years China has developed its economy to very significant level, under these circumstances it is possible that China could become a world’s superpower. This essay will consist of three parts, each part will look at different ways of analyzing the rise of China, concentrating on terms of dominant theories of International Relations: realism, liberalism and Critical…

International relations present a subfield of political science that examines the international politics of the world. International relations study the behaviors and interactions among various actors in forming international political processes. Theories are developed to better understand the events that occur in international relations every day in order to answer the questions in this area. Theories depict a domain within an organization and specifically tie together a field of inquiry in…

Thomas Graham’s piece makes provocative assertions about the Russian political history and strong assertions about EU-Russia relations with minimal evidence. Graham argues that Europe’s challenge is with Russia’s political system, not President Putin. He argues that this issue started nearly 200 years ago, with the divergent political pursuit of Western Europe and Russia. He asserts that Europe’s main issue is security in the midst of a “powerful nation”. The author provides reasons for…

their power due to human nature. As Hans Morgenthau said, "politics is governed by objective laws that have their roots in human nature." (Politics among nations, page unknown). Human nature is flawed therefore when survival is the main goal of a state, conflict is inevitable because a state has no way of predicting the true intentions of another state. This is why it is necessary for a state to expand their power, in order to have enough power to defend themselves in the anarchic international…

know that realism explains international relations in terms of power and that realists and idealists differ in…

United States has both a great deal of power and plenty of responsibility. The United States is recognized all throughout the world as its superpower and it has legitimacy to back it up. Even if we were in a decline from being the global hegemony, no other country comes close to our GDP. Many suggest that China is the next hegemony and that they will be the next authority, but no one can really tell by just using raw data alone. As we discussed the debate of what power really looks like and…