The Road to Recovery: How Once Great Powers Became Great Again

September 24, 2018

by Paul K. MacDonald and Joseph M. Parent 

 

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After a decade studying transitions over the last century and a half in which a great power loses its economic rank to another, the authors discovered that declining great powers actually recover their former position around 40 percent of the time, but only if policymakers make difficult decisions about foreign policy commitments, military investments and domestic reforms, requiring a fundamental rethinking of American power and priorities today.

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