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CEPAL Review

Cepal Review is the leading journal for the study of economic and social development issues in Latin America and the Caribbean. Edited by the Economic Commission for Latin America, each issue focuses on economic trends, industrialization, income distribution, technological development and monetary systems, as well as the implementation of economic reform and transfer of technology. Written in English and Spanish (Revista de la Cepal), each tri-annual issue offers approximately 12 studies and essays undertaken by authoritative experts or gathered from conference proceedings.

English Spanish

The Revival of American Hegemony

One of the most striking features of international economic and political relations in recent years has been the revival of United States power in the Western world. After a couple of decades in which a situation of multipolarity seemed to be consolidating itself in the structure of the relations among the developed capitalist countries, there is once again a concentration of power in the hands of the country which, of course, has been for many years now the main centre of the world economy.

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