US-China competition, world order and economic decoupling: insights from cultural realism

Naoise McDonagh

Australian Journal of International Affairs2025https://doi.org/10.1080/10357718.2025.2471353article
ABDC A
Weight
0.52

Abstract

This study examines how US-China geopolitical rivalry is reshaping global economic order. It identifies gaps in existing research on hegemonic state behaviour and presents an alternative theory based on cultural realism. This latter builds on realism by arguing that political culture influences the intensity of geopolitical tensions. Drawing on domestic political discourse, this study demonstrates that US and China geopolitical tensions are driven by conflicting national political cultures that generate competing visions of global order, reducing the capacity of international institutions to sustain cooperation. This divergence manifest in geoeconomic competition and weaking multilateralism. Theoretical expectations suggest an emerging geoeconomic world economy operating alongside the WTO-based multilateral economic order. The article analyses recent US industrial policies as a case study illustrating this dual order. The simultaneous existence of multilateralism and geoeconomic competition, implies governments face a novel, highly complex policy domain in an era of rising national economic security needs.

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https://doi.org/https://doi.org/10.1080/10357718.2025.2471353

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@article{naoise2025,
  title        = {{US-China competition, world order and economic decoupling: insights from cultural realism}},
  author       = {Naoise McDonagh},
  journal      = {Australian Journal of International Affairs},
  year         = {2025},
  doi          = {https://doi.org/https://doi.org/10.1080/10357718.2025.2471353},
}

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US-China competition, world order and economic decoupling: insights from cultural realism

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Evidence weight

0.52

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.47 × 0.4 = 0.19
M · momentum0.68 × 0.15 = 0.10
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

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