Exact(9)
Rather, he foresees a "multipolar" system of international currencies.
But he did recognize the limits to the U.S. role as world policeman in a multipolar system that is starting to become more evident.
Others argued for the existence of a multipolar system consisting of trade blocs that were neither mutually hostile nor totally cooperative with each other.
Take the assertion that the world is on a path to a multipolar system with China, India and Russia plus various businesses, tribes, religious groups — even criminal networks — vying for influence.
Khalilzad recalled, "The central core of the D.P.G. was that bipolarity had ended, and the U.S. was now the world's single leading power, and that our goal in this new era was to preclude a return to a bipolar system, or a multipolar system".
So, as long as the powers are free to move from one coalition to another and provided that their self-interest goes in favour of keeping the balance of power in the system, the arms race logic also favours a multipolar system over a bipolar one.
Similar(51)
A more multipolar system of currencies, she said, "would help give a better balance of reserves and a better reflection of fundamentals in exchange rates everywhere".
What if it believes America has forfeited much of its moral right to lead over the last eight years, no longer has the power that it used to, and that anyway we are moving towards a global multipolar system, as Washington's own National Intelligence Council predicts?
Instead of looking at the post-Vietnam world through the prism of American exceptionalism, Nixon and Kissinger envisaged it as an emerging multipolar system to be structured and regulated by a balance of power à la 1815 Congress of Vienna, the subject of the latter's doctoral dissertation.
However, in terms of the distribution of relative power, the most important change occurred between 1989 and the early 1990s when the bipolar world system was replaced by an asymmetric multipolar system, with one sole superpower capable of acting and exerting significant influence at global level.
By this, the trend towards which the system is currently drifting is the creation of a multipolar power system balanced between civilizational blocs and regulated by means of power-determined coordination.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com