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Open Political Science

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Global fault-lines model and global political economy

Cletus Famous Nwankwo
Published Online: 2019-08-16 | DOI: https://doi.org/10.1515/openps-2019-0003

Abstract

The 21st century has witnessed a significant transformation of the economies of many developing countries. Consequently, many studies have argued that the centre of gravity of the global economy is shifting from the Western core to the semi-peripheral East. Vassilis Fouskas and Bülent Gökay’s global fault-lines model detailed in their book titled The Fall of the US Empire: Global Fault-Lines and the Shifting Imperial Order is an attempt to use some ideas of the theory of plate tectonics to explain the historical-geographic tectonic shifts in the global political economy. This paper shows the major arguments of the global fault-lines model and shows the link between the plate tectonics theory and the global fault-lines model. Finally, it highlights the implications of the tectonic shifts in the global political economy and by so doing argues for the expansion of BRICS and strengthening of the south-south cooperation paradigm.

Keywords: global fault-lines; global political economy; global shift; BRICS

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About the article

Received: 2019-01-04

Accepted: 2019-06-21

Published Online: 2019-08-16


Citation Information: Open Political Science, Volume 2, Issue 1, Pages 34–44, ISSN (Online) 2543-8042, DOI: https://doi.org/10.1515/openps-2019-0003.

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© 2019 Cletus Famous Nwankwo, published by De Gruyter. This work is licensed under the Creative Commons Attribution 4.0 Public License. BY 4.0

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