International Conflict and Cooperation in the 21stCentury

The rise of modern institutional multilateralism is a phenomenon dating back less than a hundred years, and there is no reason to infer that it is either immutable or permanent. With the end of the Cold War, there was an expectation of global consensus and the implementation of collective security. But this depended to an excessive extent on the United States and its willingness to use force, and the level of subjectivity in US-led interventions gave rise to questions of whether multilateralism could survive in conditions of unipolarity. Now the primacy of the United States is slipping, and its pre-eminence will decline as manufacturing, technology and innovation spread. From being the major lending country, it has become the biggest debtor. Despite American military superiority, the world will be increasingly poly-centric and the new emerging powers will exert a strong and increasing influence in world affairs. The character of international cooperation in the next few decades will be shaped by ...