The End of American World Order?
How changing power dynamics will affect how the international order is constituted is one of the most fundamental questions facing the world today. Whether or not the US itself is declining, the post-war liberal world order, which is underpinned by US military and economic primacy and supported by various global institutions, is evolving. However it is unclear what, if anything, will take its place.
Amitav Acharya argues that the age of Western hegemony is over. While the US will remain a major force in world affairs, he says that it has lost the ability to shape world order in its own interests and image. As a result the US will be one of a number of anchors, which include emerging powers, regional forces, and a concert of the old and new powers, shaping a new world order.
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