Economic Interdependence and War
Economic Interdependence and War
Measured by merchandise exports and foreign assets (as a percentage of GDP) the world is more interdependent today than it was in 1914. Norman Angell was still right to claim in 1910 that war could not produce greater prosperity. The war still occurred. Russia was the first to mobilize and recognized this act would lead to German mobilization. Today China and the United States are heavily interdependent but also need their allies as was true of the powers in 1914.
Keywords: Economic Interdependence, Russia as a Rising Power, Military Influences, Beware of Third Countries
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