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Download - LSE Theses Online - London School of Economics and ...

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intermediate states. Regionalism <strong>and</strong> maintaining leadership within their immediateregions is another important means <strong>of</strong> limiting uncertainty. A third way to limituncertainty for emerging powers is to diversify commercial linkages so that financialcrisis in one part <strong>of</strong> the international market poses limited threat to the domesticeconomy.In recent accounts <strong>of</strong> the new post-Cold War multipolar order, scholars are dividedover the extent to which potential powers are balancing against or b<strong>and</strong>wagoningwith the United States, the sole superpower in the system. 173 Problems inconducting such an analysis include doubt over how balancing is measured,although Waltz allowed for both internal (domestic growth) <strong>and</strong> external balancing(alliance-formation). There too, it is doubtful whether the formation <strong>of</strong> negotiationscoalitions in the World Trade Organisation, for example, constitute the formation<strong>of</strong> an ‘alliance’ against US interests, as they are not military in nature. There are nodoubt shifts in the relative distribution <strong>of</strong> power globally, as the rapid economicgrowth <strong>of</strong> China, India <strong>and</strong> Brazil attest to. The extent to which they affect theirregions, let alone the system, is yet to be fully grasped.While the system is broadly conceived as anarchical, the consequences <strong>of</strong> anarchyare not predetermined, <strong>and</strong> individual states “may differ in their ability to controlthe policy agenda, select policy options, or mobilize resources to respond tosystemic incentives”. 1743.2.2 The differential between national power <strong>and</strong> state powerThe most important modification that neoclassical realism makes to neorealism isthe acknowledgement that “(u)nit-level variables constrain or facilitate the ability <strong>of</strong> all types<strong>of</strong> states – great powers as well as lesser states – to respond to systemic imperatives”. 175173 See William C. Wohlforth <strong>and</strong> Stephen D. Brooks, “Hard Times for S<strong>of</strong>t Balancing”,International Security, 30, Issue 1 (2005); <strong>and</strong> for a contrary view, Pape, “S<strong>of</strong>t BalancingAgainst the US”. While Wohlforth <strong>and</strong> Brooks foresee difficulty for states attempting tobalance against the US’s preponderant power, Pape believes this to be a plausible pathfor second-tier states, although one complicated by collective action issues.174 Joe D. Hagan, “Does Decision Making Matter? Systemic Assumptions vs. HistoricalReality in International Relations Theory”, International Studies Review, 3, No.2 (2001):19.175 Taliaferro et al., “Introduction”, 4, emphasis added.91

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