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Why Europe Is Warning of Pax Americana's End

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Why Europe Is Warning of Pax Americana's End

By Leonid Bershidsky

Last year, the global security establishment was mildly worried about a growing U.S. disengagement overseas. This year, the worry has given way to a realization that the "liberal world order" -- another name for Pax Americana -- may be finished, and that new security arrangements are needed.

That's the conclusion that can be drawn from this year's edition of the Munich Security Report, an agenda-setting document put out annually by the organizers of the Munich Security Conference, the world's most prestigious geopolitical gathering. The conference will open on February 17, and dignitaries such as German Chancellor Angela Merkel and U.S. Vice President Mike Pence are expected to attend. Perhaps for the first time since the Soviet Union's demise, the participants will try to map out strategy in a world in which they cannot see more than one or two moves ahead.

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Πηγή : bloomberg.com

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