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Duncombe, C & Dunne, T (2018) After liberal world order. International Affairs 94(1): pp. 25-42. An article that questions the nature of the challenges facing the liberal international order, focusing on humanitarianism as reflective of the world order’s limitations and potentialities given its foundations in liberal ideology.
Kirshner, J. (2014) Dollar primacy and American power: What’s at stake? Review of International Political Economy 15(3): pp. 418 438. This article argues that the dollar is likely to lose its place as the most significant international currency, becoming one of multiple currencies that will compete for dominance. It suggests that this will lead to a decline in economic and structural power for the US, which constitutes a weakness for US political and military capabilities.
Salami, I. (2021) Challenges and approaches to regulating decentralised finance. American Journal of International Law 115, pp. 425 429. The article investigates the influence of the dollar and the monetary capacities of the US in relation to possible competitors for financial hegemony. By analyzing the currency influence and monetary capabilities of all states, it argues that how the conversion of the latter into the former involves a particular exercise of power.
Stokes, D (2014) ‘Achilles’ deal: Dollar decline and US grand strategy after the crisis. Review of International Political Economy 21(5): pp. 1071-1094. An article arguing that, contrary to assumptions about decline, the dollar remains hegemonic and that US monetary clout has strengthened. This is based on US power in areas of economic growth such as East Asia, which serves to encourage other states to participate in its monetary regimes.
Wigell, M, Scholvin, S & Aaltola, M (2018) Geo-economics and Power Politics in the 21st Century: The Revival of Economic Statecraft. Routledge, London. An edited collection that explores the theme of politics being pursued increasingly through economic means, for example, using economic sanctions rather than military offensives, and the use of trade, finance, and investment to spread political influence.