Revisiting the fallacies in Hegemonic Stability Theory in light of the 2007–2008 crisis: the theory’s hollow conceptualization of hegemony

  title={Revisiting the fallacies in Hegemonic Stability Theory in light of the 2007–2008 crisis: the theory’s hollow conceptualization of hegemony},
  author={Maria Gavris},
  journal={Review of International Political Economy},
  pages={739 - 760}
  • Maria Gavris
  • Published 10 December 2019
  • Political Science
  • Review of International Political Economy
Abstract In light of the renewed popularity of Hegemonic Stability Theory (HST) in the context of governance debates in the aftermath of the 2007–2008 crisis, this paper revisits, from a conceptual angle, the shaky basis upon which the theory draws a causal link between hegemony and stability. The paper is a critique of HST as a theory of hegemony that contains an underdeveloped concept of hegemony only defined ex post, highlighting that it is precisely this hollow conceptualization that has… 
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