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In my analysis, I propose a looser interpretation of the theory, so to include all those scholars that, consciously or not, deal with hegemony to address problems of international governance. What follows will include (1) a review of the early statements of hegemonic stability theory to show how international governance has been associated with power, interests and ideas respectively; (2) a survey of new understandings of hegemony and governance within the framework of unipolarity and globalization...
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Referring to the organization of the international system after the Second World War, Kindleberger argued that 'stensibly, the system was' organized by rules and international institutions. In reality, it was led by the United States"
This statement captures the essence of hegemonic stability theory (HST), which is the identification of a causal link between the leader/hegemon and the organization/management of the international system...
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