National-State Relations: Cooperative Federalism in the Twentieth Century

Daniel J. Elazar's 1959 Ph.D. dissertation demonstrated conclusivelythe inadequate explanatory value of the theory of dual federalismand the prevalence of cooperative national-state relations inthe period ending in 1913. Congressional employment of totaland partial preemption and coercive regulatory powers since1965 raises the question whether the theory of cooperative federalismexplains fully the functioning of the federal system at thebeginning of the twenty-first century. An examination of national-staterelations reveals that each of the two theories retains a degreeof explanatory value. There is, however, a need for a more generaltheory incorporating elements of these theories and coerciveuse of congressional powers, highlighting the generally cooperativenature of national-state relations, and explaining the continuousreadjustment of the respective powers of Congress and states.     

The G-20 Moment

Thanks to the draining effects of the Iraq war and the financial meltdown emanating from Wall Street, a powershift away from American dominance is taking place. Caught between a rising China and an America in relative decline, the new leadership in Japan is recalibrating its post-World War II relationships. The G-20 has usurped the role once played by the G-8 as the governing committee of globalization. And the symbiotic coupling of "Chimerica", born out of the credit bubble built up over the past two decades, is being put to the test.
In this section, the new prime minister of Japan, the president of the European Union, the president of Brazil and a leading economic historian assess these shifts.