Asymmetric Network Centrality, Monetary Hierarchies, and Hegemonic Persistence: A Structural Theory of US Dollar Weaponization in Sino–American Strategic Competition
Journal: Preprints.org
Year: 2025

This paper proposes a structural theory of monetary hegemony, drawing on network analysis, institutional political economy, and international relations to account for the enduring dominance of the US dollar despite escalating Sino–American rivalry. I contend that the dollar’s supremacy rests less on raw economic output or military strength than on three interlocking mechanisms: first, an asymmetric centrality within global payment and information architectures; second, a hierarchical position in