>[!abstract]
>The Kindleberger trap is what happens when a rising power overtakes the incumbent but is unable to provide public goods to the world.
>[!abstract] Origin
>Charles Kindleberger, an intellectual architect of the Marshall Plan who later taught at MIT, argued that the disastrous decade of the 1930s was caused when the US replaced Britain as the largest global power but failed to take on Britain’s role in providing global public goods. The result was the collapse of the global system into depression, genocide, and world war. Today, as China’s power grows, will it help provide global public goods? (Nye, 2017).
## References
- Nye, J. S. (2017). The Kindleberger trap. Institute of International and Strategic Studies Peking University. https://en.iiss.pku.edu.cn/info/1017/1077.htm
## Related
- [[Thucydides Trap]]