1 The concept of a balance of power implies an equilibrium of force as between the States or groups of States, within the system in question. Such a balance, it is asserted, works for peace since no State is in a position to seek hegemony. The balance may be conceived of as a status maintained by self-correcting natural forces or as the product of deliberate human intervention. Balances within regions may overlap a world-wide equilibrium. Writers sometimes refer to a favourable balance of power, as they might speak of a favourable balance of payments. While...
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