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"Using original and robust archival evidence, the book examines these dynamics in three cases: the United States and the maritime laws of war in the mid-nineteenth century; Japan and naval arms control in the interwar period; and India and nuclear nonproliferation in the Cold War. This study shows that the future of contemporary international order depends on the ability of international institutions to address the status ambitions of rising powers such as China and India"--

Abstract
A previous generation of influential scholarship treated international institutions as instruments of cooperation built by self-interested states to achieve mutually beneficial outcomes. Recent scholarship, including this special forum, suggests that the rational design of institutions does not guarantee their durability and that liberal institutions are intrinsically prone to contestation. This essay takes a step back and posits that the hierarchical nature of international order itself creates conditions for contestation, but not for the reasons typically identified in the literature. Institutionalized disagreement over distributional outcomes, values, and hypocrisy is ultimately about the politics of status between differently ranked states. While these differences are due to the hierarchical nature of order, it is the same hierarchy that can contribute to their resolution when leading states engage in institutional reforms—for example, by making institutional membership and leadership more inclusive. The essay closes with some reflections on a prominent source of hierarchy in the liberal international order (LIO): the legacy of Eurocentrism and colonialism in world politics. While countries in the Global South have typically engaged in order-consistent contestation, it is the LIO's leading states that have engaged in order-challenging contestation. The present sense of crisis in the LIO might therefore have more to do with Western anxieties about security competition with China, Russian aggression, and domestic crises of liberalism than the "rise of the rest."

PurposeThe main purpose of this paper is to examine the convergence hypothesis of House Price Index (HPI) in the case of 18 major Indian cities for the period 2014–2019.Design/methodology/approachTo attain the authors main goal, this study applies a clustering algorithm advanced by Phillips and Sul. This test creates a club of convergence based on the growth of the cities in terms of HPI.Findings The study findings show the existence of two convergence clubs and one non-convergent group. Club 1 includes the cities with high HPI growth, whereas club 2 comprises of cities with least HPI growth. Cities belonging to the non-convergent group are neither converging nor diverging.Practical implicationsThis study findings will benefit home buyers, sellers, investors, regulators and policymakers interested in the dynamic interlinkages of house price (HP) among Indian cities.Originality/valueThe majority of the studies are conducted in the case of China at the province or city levels. Furthermore, in the case of India, none of the studies has investigated the HP club convergence across Indian cities. Therefore, the present study fills this research gap by examining the HP club convergence across Indian cities.