Institutional Revisionism in International Politics: The Product of Rising, the Child of Decline or Something Else
Mutual accusations in revisionism have become an essential element of rising rivalry between the United States, Russia, and China. At the beginning of the 21st century states associate revisionist policies with the challenges to global governance rather than territorial expansion. Global governance developed into a multi-level network of agreements, interstate fora, and transnational bureaucracies. It confers a range of rights and obligations to states, regulates access to crucial markets, and contributes to international stability.