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Hegemony can create stability and order within international relations, fostering cooperation and establishing norms that can lead to economic growth and security. However, it can also result in the suppression of dissenting voices and the marginalization of smaller states, leading to resentment and potential conflict. Additionally, a hegemonic power may become complacent, risking its legitimacy and ability to adapt to changing global dynamics. Ultimately, while hegemony can facilitate leadership and direction, it may also create imbalances and tensions among nations.

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