Military power, financial crisis and international security panorama in the 21st century

Abstract

This article searches for a preliminary, but structured, assessment of the international security landscape of the 21st century. It focuses on the predictions of offensive realism (Mearsheimer 2001), which are contrasted with conceptual propositions about international standards of unipolarity (Wohlforth 1999; Diniz 2006) and data indexes on the international production of wealth, its allocations in means of military power and the appreciation of alterations in this correlation because of the 2008 Financial Crisis. The article points out that trends of power distributions do not widely favor Russia and China. However, because of the greater Chinese resilience to the crisis, the accumulated value of their military investments overcome all its neighbors and its large demand for natural resources in other countries or areas in dispute have led the organization of major systemic constraints when compared to the Russian case. The paper also shows that these dynamics of regional power do not allow reconsidering the U.S. military primacy. Finally, the article presents some final considerations of methodological and conceptual slant in order to advance on the research in international security.