U.S Economic Hegemony

U.S Economic Hegemony

1. Historical, political, social and economic factors

   • Institutions built after WWII
   • Focus on domestic market
   • Global political influence
   • Importance of innovation
   • Abundance of resources

2. Implications of U.S policies

   • Reneged support for international institutions
   • Unilateralism under Trump
   • Protectional trade measures

3. Threats to dollars dominance

   • Development of rival currencies
   • Reduced foreign demand for dollars
   • Geopolitical shifts

4. Possible effects

   • Global economic instability
   • Fragmentation of trading system
   • Challenges for EU
     • Strategic autonomy vs. U.S dependence
     • Disruption of global alliances
     • Economic Uncertainty
     • Security and defense responsibility