With U.S. hegemony waning and no successor waiting to pick up the baton, the current international system will likely give way to a larger number of power centers acting with increasing autonomy. The post–Cold War order is unraveling, and it will be missed.
Asked by Fagner Dantas, from Universidade Federal da Bahia
The Brazilian government faces a number of challenges and opportunities concerning its economic forecast in the coming years. After peaking at 7.5 percent growth in 2010, Brazil's recent economic slowdown has caused worry that the dream of a new high-growth economy had slipped out of reach.
Gordon Orr, a director in McKinseyQuarterly's Shanghai office, offers a forecast for growth in China this year: Despite food price inflation and a stagnant housing market, he writes, China should maintain a rapid rate of growth.
The cumulative impact of U.S. global and regional policies and behavior, a broad regional trend of emerging, multi-faceted national self-assertiveness, and regional economic dynamics add up to an East Asia in ferment that will increasingly test, if not challenge, U.S. interests and policies in the Asia-Pacific over the coming generation.
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