Europe, now liberated from the Cold War, as a whole is far more likely to face a period of acute economic stagnation, the undermining rather than the expansion of democracy, and serious social upheaval.
Ours is an age in which any untoward development becomes a crisis, the slightest departure from the ordinary is immediately tagged as historic, and the mere glimmer of novelty is heralded as revolutionary.
The new world of foreign policy is neither a unipolar world nor a multipolar world, but an integrated global system, in which the United States plays a central, but constantly tempered, role.