American Debt and World Power

  title={American Debt and World Power},
  author={Helen V. Milner},
  journal={International Journal},
  pages={527 - 560}
  • H. Milner
  • Published 1993
  • Economics
  • International Journal
The rising indebtedness of the United States has been linked to changes in its international position. Many observers consider this mounting debt to be a sign of a dramatic decline in American power. To investigate the validity of this view, this article first examines how the growth of internal and external debt can affect a country's influence in world politics. It then looks at the current situation of the United States in light of these discoveries. We begin with a general analysis of the… Expand
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