After Hegemony

By Robert O. Keohane,

Book cover of After Hegemony: Cooperation and Discord in the World Political Economy

Book description

This book is a comprehensive study of cooperation among the advanced capitalist countries. Can cooperation persist without the dominance of a single power, such as the United States after World War II? To answer this pressing question, Robert Keohane analyzes the institutions, or "international regimes," through which cooperation has taken…

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Why read it?

1 author picked After Hegemony as one of their favorite books. Why do they recommend it?

This book develops what I regard as the most important and insightful theory of why states pursue cooperation through international institutions.

The author’s argument, which innovatively brings insights from transaction cost economics to bear on the study of international cooperation, explains how such institutions deliver mutual benefits to states and why they are so enduring—even when the power structures that gave birth to them have crumbled.

From Ranjit's list on international political economy.

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