Araştırma Makalesi

The Political Economy of Pandemics’ Influence On Hegemonic Shifts: A Comparison of the Influenza of 1918 and COVID-19

Cilt: 8 Sayı: 1 30 Nisan 2024
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The Political Economy of Pandemics’ Influence On Hegemonic Shifts: A Comparison of the Influenza of 1918 and COVID-19

Öz

Following the World Health Organization (WHO)'s declaration of ending the public health emergency of international concern (PHEIC) for the COVID-19 pandemic in May 2023, this study seizes the opportune moment to analyze it alongside its historical precedent, the Influenza of 1918, commonly known as the Spanish flu. Amid the ongoing US-China rivalry for global leadership, the COVID-19 pandemic broke out when a century had elapsed since the Influenza of 1918. This analysis aims to test the hegemonic cycles approach of the World Systems Theory and to contribute to the literature of international political economy. The hegemonic cycles approach of the World Systems Theory calls for an analysis of the figures of industrial production, international trade, and finance to judge the changes within the international economy as a hegemonic shift, which occurs at 100-150 years in a circular nature. This study furthermore adds up the figures of GDP per capita to the analysis to provide insight into the level of welfare offered by the ascending hegemons to their citizens vis-à-vis the descending ones. Thus, changes in GDP per capita, industrial production, foreign trade, and finances of the UK vs. the US during the Influenza of 1918, and the US vs. China during COVID-19 provide insights into the political economy of pandemics in terms of their impact on changing hegemonic orders. The findings reveal that both pandemics triggered a period of hegemonic shift that was preeminent on economic terms within the international order.

Anahtar Kelimeler

Kaynakça

  1. Acemoğlu, D. (2020, June 05). The Post-COVID State. Access address: https://www.project-syndicate.org/onpoint/four-possible-trajectories-after-covid19-daron-acemoglu-2020-06.
  2. Allison, G. (2020). The US-China Relationship after Coronavirus: Clues from History. In F. J. Gavin & H. Brands, Covid-19 and World Order: The Future of Conflict, Competition and Cooperation (pp. 388-405). John Hopkins University Press.
  3. Amin, S. (1990). Delinking: Towards a Polycentric World. Zed Books.
  4. Amin, S. (1976). Unequal Development: An Essay on the Social Formations of Peripheral Capitalism. The Harvester Press.
  5. Arrighi, G. (2010). The Long Twentieth Century: Money, Power, and the Origins of Our Times. Verso.
  6. Arrighi, G. (2007). Adam Smith in Beijing: Lineages of the Twenty-First Century. Verso.
  7. Arrighi, G. (1999). The World according to Andre Gunder Frank. Review, 22(3), 327-357.
  8. Arrighi, G. (1993). The Three Hegemonies of Historical Capitalism. In S. Gill, Historical Materialism and International Relations. Cambridge University Press.

Ayrıntılar

Birincil Dil

İngilizce

Konular

Karşılaştırmalı Ekonomik Sistemler, Büyüme, Kalkınma Ekonomisi - Makro, Konjonktür Dalgalanmaları, Kamu Yönetimi

Bölüm

Araştırma Makalesi

Yayımlanma Tarihi

30 Nisan 2024

Gönderilme Tarihi

5 Şubat 2024

Kabul Tarihi

17 Nisan 2024

Yayımlandığı Sayı

Yıl 2024 Cilt: 8 Sayı: 1

Kaynak Göster

APA
Sarica Kelle, S. (2024). The Political Economy of Pandemics’ Influence On Hegemonic Shifts: A Comparison of the Influenza of 1918 and COVID-19. Uluslararası Ekonomi İşletme ve Politika Dergisi, 8(1), 185-204. https://doi.org/10.29216/ueip.1431935
AMA
1.Sarica Kelle S. The Political Economy of Pandemics’ Influence On Hegemonic Shifts: A Comparison of the Influenza of 1918 and COVID-19. UEİP. 2024;8(1):185-204. doi:10.29216/ueip.1431935
Chicago
Sarica Kelle, Seyhan. 2024. “The Political Economy of Pandemics’ Influence On Hegemonic Shifts: A Comparison of the Influenza of 1918 and COVID-19”. Uluslararası Ekonomi İşletme ve Politika Dergisi 8 (1): 185-204. https://doi.org/10.29216/ueip.1431935.
EndNote
Sarica Kelle S (01 Nisan 2024) The Political Economy of Pandemics’ Influence On Hegemonic Shifts: A Comparison of the Influenza of 1918 and COVID-19. Uluslararası Ekonomi İşletme ve Politika Dergisi 8 1 185–204.
IEEE
[1]S. Sarica Kelle, “The Political Economy of Pandemics’ Influence On Hegemonic Shifts: A Comparison of the Influenza of 1918 and COVID-19”, UEİP, c. 8, sy 1, ss. 185–204, Nis. 2024, doi: 10.29216/ueip.1431935.
ISNAD
Sarica Kelle, Seyhan. “The Political Economy of Pandemics’ Influence On Hegemonic Shifts: A Comparison of the Influenza of 1918 and COVID-19”. Uluslararası Ekonomi İşletme ve Politika Dergisi 8/1 (01 Nisan 2024): 185-204. https://doi.org/10.29216/ueip.1431935.
JAMA
1.Sarica Kelle S. The Political Economy of Pandemics’ Influence On Hegemonic Shifts: A Comparison of the Influenza of 1918 and COVID-19. UEİP. 2024;8:185–204.
MLA
Sarica Kelle, Seyhan. “The Political Economy of Pandemics’ Influence On Hegemonic Shifts: A Comparison of the Influenza of 1918 and COVID-19”. Uluslararası Ekonomi İşletme ve Politika Dergisi, c. 8, sy 1, Nisan 2024, ss. 185-04, doi:10.29216/ueip.1431935.
Vancouver
1.Seyhan Sarica Kelle. The Political Economy of Pandemics’ Influence On Hegemonic Shifts: A Comparison of the Influenza of 1918 and COVID-19. UEİP. 01 Nisan 2024;8(1):185-204. doi:10.29216/ueip.1431935

Uluslararası Ekonomi, İşletme ve Politika Dergisi

Recep Tayyip Erdoğan Üniversitesi
İktisadi ve İdari Bilimler Fakültesi
İktisat Bölümü
Rize/ TÜRKİYE