Description
The British political economist Susan Strange through works such as States and Markets (1988), Rival States, Rival Firms (1991) and The Retreat of the State (1996), developed a framework of analysis for the study of International Political Economy (IPE) centred on four Structures of Power namely; Security, Production, Finance and Knowledge. This framework contributed to the study of IPE, and built on work by other American scholars such as Robert Gilpin (The Political Economy of International Relations (1987) and Global Political Economy (2001)) and Robert Keohane (After Hegemony (1984)) which in their own way attempted to construct their own frameworks for understanding the global political economy and the preeminence of the United States in that system. Given the new geopolitical realities of 2025, will the United States maintain its Stuctural Power in the international system, especially in Space? Or will Europe, with its respective space agencies and bodies, be able to break away from American hegemony and strive towards strategic, automous European sovereignty?