Who will emerge stronger after the crisis? China or the United States? The New America Foundation and Foreign Policy hosted a debate on Tuesday about how the Great Recession will alter the global balance of power. “Which economy is poised to recover from the deepest recession since the 1930s? Who will be on top? Who will fall behind?”
Michael Lind, senior fellow at the New America Foundation and author of The Next Big Thing: America, argued that “the predictions made about the imminent appearance of this post-American multipolar world order are premature…the US may lose less than other major countries.”
Flynt Leverett, senior fellow at the New America Foundation and co-author with Ian Bremmer of The Age of Disorganization, disagreed. Mr. Leverett said, “The United States is going to continue to have…a unique measure of military hegemony. But in virtually every other arena of international power the trend lines before this crisis were for a decreased US power and I think that trend is only going to accelerate coming out of this crisis.”
The event was moderated by Susan Glasser, executive editor of Foreign Policy.
Photo from Chris Hondros/Getty Images and clip from the New America Foundation.
