……… UNIVERSITY
America’s Role in the Global Economy
Assignment Type (Article etc.)
Prepared
Name surname
No.
Course Instructor
Sample
City
June, 2022
, ABSTRACT
Taking global control of the British Empire at the end of the Second World War, the
USA assumed the role of “independent world leader” against the Soviet threat. It follows an
“alliance-based” approach that strengthens its “global dominance” over a number of key
institutions, such as the United Nations, the IMF, and the World Bank. Still the same
superpower after the Cold War; This led to a shift to more “individual” strategies in trading.
Over the last 50 years, the United States has worked hard for its own benefit by overthrowing
the economic system, law, and international values: not to fight global poverty, but to defend
globalization; not sensitive to the environment due to its economic interests; When he says he
is fighting terrorism, he strongly supports global public opinion “on the scale of hate” against
terrorism and its double standard in many other places. Due to the indisputable global
ambition of the United States of America, it has rejected all the values it has applied to so far
and laid the foundations of its place. United States hegemony began to shake.
Keywords: USA, Global Economy, U.S. Role in the Global Economy.
1.INTRODUCTION
Did the planes that crashed near the Twin Towers on 9/11 collide with US
foundations? Did the President of the United States know that if he declared “a war never
seen before in history” he was launching a war that would mark the end of his reign? Is the
United States engaged in the only force suicide with many examples in history? Is this the
first time the US has failed to achieve results in Iraq and Afghanistan?
These questions may seem unconventional, given the power of America today by all
parameters, more specifically than its predecessors. However, we mustn’t forget that at the
height of the British Empire’s power, it unfairly transcended its subjects in the Empire’s
hierarchy. As this imbalance weakened colonial relations, tensions, conflicts and suffering in
the 20th century, the disproportionate power of the United States can now be reduced.1
The above questions can’t be answered or answered directly. To find answers to these
questions, we need to look at the current state of the United States and compare it with
historical examples. The economic excellence of sine qua non has great power. The American
economy remains at the center of the world. It is the largest economy in the world with a GDP
1
Drucker, P. F. (1992). The changed world economy. The culture and power of knowledge, 257-277.
1