Published 15-06-2026
Keywords
- Geopolitics,
- Hegemonic transition,
- Latin America,
- Western Hemisphere
Copyright (c) 2026 Andres Malamud, Luis L. Schenoni (Author)

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
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Abstract
The current international landscape lends itself to two competing interpretations. One understands it as a process of strategic rebalancing: a temporary hardening of U.S. leadership aimed at managing the decoupling from China in a bipolar world. The other conceives it as a hegemonic transition, in which U.S. primacy is being structurally eroded by China’s rise. Distinguishing between these dynamics is not merely a theoretical exercise: Latin America’s room for maneuver within the emerging equilibrium will depend upon it.