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The Dollar Hegemony and the U.S.-China Monetary Disputes
Title
The Dollar Hegemony and the U.S.-China Monetary Disputes.
Creator
Cao, Xiongwei, Morales, Waltraud, Sadri, Houman, Li, Quan, University of Central Florida
Abstract / Description
This thesis analyzes the current disputes between the United States and China over the exchange rate of the Chinese currency renminbi using an International Political Economy (IPE) analysis. Monetary relations are not mere economic affairs, but bear geopolitical implications. Money is power. Money is politics. The pursuit of monetary power is an important part of great power politics. Based on this assertion, the thesis studies past cases of monetary power struggles between the United States...
Show moreThis thesis analyzes the current disputes between the United States and China over the exchange rate of the Chinese currency renminbi using an International Political Economy (IPE) analysis. Monetary relations are not mere economic affairs, but bear geopolitical implications. Money is power. Money is politics. The pursuit of monetary power is an important part of great power politics. Based on this assertion, the thesis studies past cases of monetary power struggles between the United States and the Great Britain, the Soviet Union, Japan, and the European Union (EU), respectively. The thesis then investigates the dollar's status as the dominant international reserve currency in the current international monetary system, as well as the power that this unique status can generate and provide. The dollar's monetary hegemony has become the main characteristic of the current international monetary system and an important power source for continued U.S. hegemony. The dollar's hegemony and the asymmetrical interdependency between the dollar and the renminbi are the source and the key basis for the recent U.S.-China monetary disagreements. The U.S.-China monetary disputes reflect not only each country's respective domestic interests and perceived benefits, but also the monetary power struggle between the two biggest global economies. Predictions are also entertained for the future monetary relations between the two countries, as well as the geopolitical implications that this relationship may have for the U.S.-China bilateral relationship in coming decades.
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Date Issued
2012
Identifier
CFE0004321, ucf:49470
Format
Document (PDF)
PURL
http://purl.flvc.org/ucf/fd/CFE0004321
A REALIST INTERPRETATION OF U.S.RELATIONS WITH CHINA
Title
A REALIST INTERPRETATION OF U.S.RELATIONS WITH CHINA.
Creator
Zhang, Xiansheng, Morales, Waltraud, University of Central Florida
Abstract / Description
Realism theory provides the most powerful explanation for the state of war and the rise and fall of great powers. It expounds the important concepts and themes like national sovereignty, security, survival, interests, balance of power, balance of terror, alliance, dominance, hegemony and polarity. Realism can be classified as classical realism, structural realism and neoclassical realism. In recent years, liberalism, globalism and constructivism also have greatly influenced academics and...
Show moreRealism theory provides the most powerful explanation for the state of war and the rise and fall of great powers. It expounds the important concepts and themes like national sovereignty, security, survival, interests, balance of power, balance of terror, alliance, dominance, hegemony and polarity. Realism can be classified as classical realism, structural realism and neoclassical realism. In recent years, liberalism, globalism and constructivism also have greatly influenced academics and policy-makers under the new phenomena of globalization and terrorism. This paper explores how classical realism theory has been applied to and revealed in the issue of American policy towards China. The past years of U.S. relations with China have been marked by many wars and diplomatic issues that bear important messages for contemporary policy-makers. Based upon the most representative incidents in the chronicles, this paper categorizes American relations with China into three periods: period one, from commercialism in 1784 to imperialism in 1899; period two, from dominance in 1900 to confrontation in 1949; Period three, from enemies in 1950 to competitors in 2009. From a brief retrospective of major events that occurred, it is concluded that most incidents are related to national interest and power issues, while only several cases are about ideological disputes. The emergence of China as an economic power within the last few years will shape the world as much as the United States in the late 19th century. As America is the worldÂÂ's greatest power and China is the worldÂÂ's greatest emerging power, the relationship between these two countries will largely determine the history of the twenty-first century. History teaches that such power transitions are inherently fraught with dangers and opportunities. Thus, it would serve the interests of the United States to rethink its relationship with China and make its policies more global and focused on the long term. No matter what happens in China, American policy towards that country should be guided by a clear and firm sense of American national interests.
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Date Issued
2010
Identifier
CFE0003072, ucf:48308
Format
Document (PDF)
PURL
http://purl.flvc.org/ucf/fd/CFE0003072
AN EXAMINATION OF CENTRAL ASIAN GEOPOLITICS THROUGH THE EXPECTED UTILITY MODEL: THE NEW GREAT GAME
Title
AN EXAMINATION OF CENTRAL ASIAN GEOPOLITICS THROUGH THE EXPECTED UTILITY MODEL: THE NEW GREAT GAME.
Creator
Stutte, Corey, Wan, Thomas, University of Central Florida
Abstract / Description
The New Great Game is a geopolitical competition between regional stakeholders over energy resources in Central Asia. The author seeks to use the expected utility voting model based on Black's median voter theorem for forecasting the New Great Game in Central Asia. To judge the external validity of the voting model, the author uses data from the Correlates of War project data set, to formulate three distinct models based only on the numbers in 1992 and 1993. Capabilities and alliance data...
Show moreThe New Great Game is a geopolitical competition between regional stakeholders over energy resources in Central Asia. The author seeks to use the expected utility voting model based on Black's median voter theorem for forecasting the New Great Game in Central Asia. To judge the external validity of the voting model, the author uses data from the Correlates of War project data set, to formulate three distinct models based only on the numbers in 1992 and 1993. Capabilities and alliance data were used to develop balance of power positions and compare the outcome of 100 simulations to the actual outcome in 2000 based on Correlates of War project data. This allows us to judge whether the emergence of Russia's weak advantage as well as the continuation of the competition in the New Great Game as of 2000 could have been predicted based on what was known in 1992 and 1993. By using only one year's data to forecast the New Great Game, we are able to eliminate historical and researcher bias and judge the applicability of the model in global policy and strategic analysis.
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Date Issued
2009
Identifier
CFE0002861, ucf:48088
Format
Document (PDF)
PURL
http://purl.flvc.org/ucf/fd/CFE0002861
BULLYING: OUT OF THE SCHOOL HALLS AND INTO THE WORKPLACE
Title
BULLYING: OUT OF THE SCHOOL HALLS AND INTO THE WORKPLACE.
Creator
Cooney, Lucretia, Huff-Corzine, Lin, University of Central Florida
Abstract / Description
The primary purpose of this study is to identify those people at most risk of being bullied at work. While much research is being conducted on school bullying, little has been conducted on workplace bullying. Using data gathered from a 2004 study conducted by the National Opinion Research Center for the General Social Survey, which included a Quality of Work Life (QWL) module for the National Institute for Occupational Safety and Health (NIOSH), linear regressions indicated significant...
Show moreThe primary purpose of this study is to identify those people at most risk of being bullied at work. While much research is being conducted on school bullying, little has been conducted on workplace bullying. Using data gathered from a 2004 study conducted by the National Opinion Research Center for the General Social Survey, which included a Quality of Work Life (QWL) module for the National Institute for Occupational Safety and Health (NIOSH), linear regressions indicated significant findings. As predicted, workers in lower level occupations, as ranked by prestige scoring developed at National Opinion Research, are more likely to be victimized. Data also suggest that being young, Black, and relatively uneducated may contribute to being bullied in certain situations. Future research is needed to examine influences of socio-economic, legal, and other demographic factors that may predict the chance of being bullied.
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Date Issued
2010
Identifier
CFE0003235, ucf:48512
Format
Document (PDF)
PURL
http://purl.flvc.org/ucf/fd/CFE0003235