The age of American dominance is over, and Washington has much less power than in past decades.
Clearly, there is still the possibility that this is not the end of multilateralism but simply a statement from one country, no matter how important it is, and that the other countries will carry on with globalization as the dominant system.
It is obvious that Washington thinks the effect of increasing and generating hard American power is worth any losses from abandoning international cooperation.
The American president’s isolationist drift could turn out to be very costly indeed.
The G-0, or the G-1 as Trump dreams it, isn't going to happen.
"Today, a nation ringed by walls would only imprison itself.”
The president expressed herself as in favor of multilateralism, which is great for us. Argentina, being a somewhat small country, possesses the greatest capacity and potential when it is acting in a multilateral setting versus a bilateral one. The problem resides in the ways in which the president and her government [Read more]
Only a credible guarantee of support from the 'hyper power' that is the United States can be certain of authoritatively deterring the greedy heavyweights into respecting the sovereignty of smaller nations.