UKRAINE WAR AND THE US HEGEMONY: A NEO-GRAMSCIAN ANALYSIS OF ECONOMIC SANCTIONS

2023-9-11
YİLMAZ, İrem İpek
This thesis explores the impact of the economic sanctions and political-diplomatic moves imposed on Russia by the West in the wake of the 2022 Ukraine War on the reproduction of the US-led neoliberal hegemony within the West. The theoretical framework that sheds light on the study is a neo-Gramscian perspective in the general context, and specifically proceeds from the argument of Lockean and Hobbesian state-society complexes, which Kees van der Pijl calls two different state-society complexes in the development of global political economy. In this thesis, which makes a chronological and detailed examination of the economic sanctions imposed on Russia, the English-speaking West represents the Lockean West, as the ability and effectiveness of sanctions to be implemented are caused by the US-led neoliberal hegemony and the hegemony of the dollar. According to the results obtained from the sanctions imposed on Russia by the West, the main argument of the thesis is that the US-led neoliberal hegemony has been consolidated in the West through the Ukrainian crisis because of the US resolving differences within Europe regarding the implementation of sanctions and the West applying sanctions in a harmonious and stable manner. On the other hand, it is among the conclusions reached by the thesis that Russia, which has been excluded from the Western financial system, especially through financial sanctions, has strengthened its contender state position due to its increasing commercial and financial ties with China, but the impact of these developments on neoliberal hegemony is open to research in the future.
Citation Formats
İ. İ. YİLMAZ, “UKRAINE WAR AND THE US HEGEMONY: A NEO-GRAMSCIAN ANALYSIS OF ECONOMIC SANCTIONS,” M.S. - Master of Science, Middle East Technical University, 2023.