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The Balance of Power - Stability in International Systems (Paperback)
Loot Price: R1,145
Discovery Miles 11 450
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The Balance of Power - Stability in International Systems (Paperback)
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One of the fundamental issues of international relations concerns
whether, and under what conditions, stability prevails in anarchic
systems--systems in which all authority and institutional
restraints to action are wholly endogenous. This book uses the
tools provided by contemporary game theory to develop a
comprehensive theory of such systems and details both necessary and
sufficient conditions for stability. The authors first define two
forms of stability--system and resource stability. International
political systems are said to be stable when no state confronts the
possibility of a loss of sovereignty. Resource stability, in
contrast, requires that the current distribution of wealth and
power among states can change only due to differences in the
vitality of economics. The theory developed in this book refines
the classic balance of power theory and formally incorporates into
that theory the consideration of endogenous resource growth,
preventive war, war costs, and the imperatives of geography,
revealing a fundamental conflict between the concepts of
"balancers" and "central powers."
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