The consequences of the peace

There are no superpowers left in the post-Cold War world. The collapse of the old order has given way to a world dominated by complex global balances of power. To help America cope with this radically changed environment, James Chace urges a new internationalism that will advance American national interests. Acting as first among equals, the United States, he argues, must design new international economic and political institutions for the twenty-first century. In The Consequences of the Peace, political analyst James Chace examines each region of the world, from Europe to the Pacific Rim. He presents a compelling critique of American foreign policy at the end of the century, demonstrating how U.S. policies continue to be based on outdated Cold War imperatives. He explains how our allies, free from the need to ensure their own security, have been able to spend more of their wealth on infrastructure, research and development, education, and other key factors in economic growth. He argues that the security system now in existence in Western Europe and the Pacific must be thoroughly revised to ensure a U.S. military presence for radically different ends. Most important of all, Chace s