WASHINGTON, DC – Many observers have cited the crisis in Ukraine as yet another example of American retrenchment and declining global influence. Some have also interpreted it as evidence of a Russian-led effort to mobilize the major emerging economies – Brazil, India, and China – against the West. While there is a kernel of truth in both narratives, each is a gross exaggeration, as is the notion that America’s capacity to shape a secure and prosperous international system is in decline.
The US has had a rough few years. After two long, draining wars, its withdrawal from Afghanistan is inching along slowly. In Syria, Russian and Chinese intransigence have frustrated its efforts to find a diplomatic solution. And China’s growing assertiveness in the South and East China Seas is threatening US regional dominance, while raising the risk of a crisis with America’s close ally Japan.