This book assesses the state of transatlantic relations in an era
of emerging powers and growing interconnectedness, and discusses
the limits and potential of transatlantic leadership in creating
effective governance structures. The authors first resort to theory
and history to understand the transatlantic relationship. They then
consider the domestic and systemic factors that might set the
relationship between the United States and Europe on a different
path. Finally, the authors locate the potential for transatlantic
leadership in the context of the global power shift. The world of
the 21st century displays different power configurations in
different policy domains. This changing structure of power
complicates the exercise of leadership. Leadership requires not
only greater power and authority, but also persuasion, bargaining
and moral suasion, all necessary strategies to build coalitions and
manage conflicts between great powers.
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