Abstract

Abstract : The Western victory in the Cold War has left the United States as the world's preeminent power. At the moment, it faces no global rival and no significant hostile alliance that might threaten its security or vital interests. Despite a decline in its relative economic power, the United States still has the world's largest economy. Moreover, the United States possesses military predominance, and American political and economic ideas have broad global appeal. Almost all of the economically capable nations are our allies. In modern times no single nation has held a position as preeminent as that of the United States today. At the same time, with the end of the Cold War, there has been an increase in disorder as a result of the rise in ethnic nationalism and the fragmentation of several states. Among the Cold War allies, there is intense economic competition, and managing alliance relations has become more difficult in the absence of a powerful common enemy. Several powers are opposed to the new international configuration. Some of these are rogue states, such as North Korea, Iran, and Iraq. But some major powers, such as Russia and China, are also dissatisfied with the status quo.

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