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International
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International Journal of Political Science and Development Vol. 4(1), pp. 31–43, January, 2016. DOI: 10.14662/IJPSD2016.013 ISSN: 2360-784X
Research Paper
Africa and Inequality in The International System at Post US Hegemony: A Modern World System Perspective
Imoh Imoh-Ita and Luke Amadi
Department of Political Science and Administrative Studies, University of Port Harcourt, Nigeria
Accepted 31 January 2016
This article
re-engaged in the world systems debate at the decline of US hegemony .It
demonstrated that the United States became the dominant economic and
military power at the end of World War II, with global institutional
framework through the General Agreement on Tariffs and Trade (later
World Trade Organization), the World Bank, and the International
Monetary Fund—It argued that this created a wave of systemic inequality
as the world system connects the economic development of “First World”
countries referred to as “ core” to the underdevelopment of the “Third
World” countries referred to as the “periphery” structured for the core
countries’ economic benefits and exploitation. Through appropriating the
labor and raw materials of the periphery and using them as markets for
finished products, the periphery societies became dependent on the core
societies. The global economic recession of 2008 saw the decline of US
hegemony and the rise of China and emergence of novel South –South
Corporation and particularly the BRICS- Brazil, Russia, India, China and
South Africa. These portend a novel look at the international system to
interrogate the position of Africa. The paper followed Immanuel
Wallenstein’s world system analysis and sets of seminal secondary data
and interrogated the place of Africa in the international system at the
decline of US hegemony. Findings suggested that the system remains
increasingly asymmetrical as Africa’s position has not changed at the
decline of US hegemony. Policy recommendations and conclusions were
drawn. Cite This Article As: Imoh-Ita I, Amadi L (2016). Africa and Inequality in the International System at Post US Hegemony: A Modern World System Perspective. Inter. J. Polit. Sci. Develop. 4(1): 31-43
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