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The end of Pax Americana
The epoch of American dominance is drawing to a close, and international politics is entering a period of transition: no longer unipolar but not yet fully multipolar. President Barack Obama’s November 2009 trip to China provided both substantive and emblematic evidence of the shift. As the Financial Times observed, “Coming at a moment when Chinese prestige is growing and the U.S. is facing enormous difficulties, Mr. Obama’s trip has symbolized the advent of a more multi-polar world where U.S. leadership has to co-exist with several rising powers, most notably China.” In the same Pew study, 44 percent of Americans polled said that China was the leading economic power; just 27 percent chose the United States.
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