Transatlantic Relations in Dire Financial Straits

The United States in President Obama’s second term will remain focused on itself

24/06/2013 | by Josef Braml

Atlantisch Perspectief, 37 (2013) 4, pp. 4-9.

Category: Transatlantic Relations, Bilateral Relations, United States of America, Europe, Germany

The economic imbalance as well as the domestic conflict between White House and Congress has brought the world power to the edge of its political ability. In foreign policy, too, the global hegemon can no longer deliver such global public goods as security, free trade, and a stable lead currency but, rather, needs to try harder to shift the burden of global responsibility over to its competitors and allies.

© Bundesregierung / Jan Philipp Eberstein

AUTHOR

 
dgap in the media
dgap info