What is the major claim of hegemonic stability theory?

Name: What is the major claim of hegemonic stability theory?
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The major claim of hegemonic stability theory is that a powerful state is necessary to maintain stability and prevent self-interested behavior in the global economy. This theory argues that the institutions that maintain the global economic system rely on the support of a dominant country to ensure their success, and without this support, economic instability and conflict can arise.

What Is the Major Claim of Hegemonic Stability Theory