Indications are growing of a shift in the world balance of power in the wake of the American occupation of Iraq. Two events reported widely in the press on June 24, 2004 show the broad ramifications of the loss of power incurred by the United States through its Iraq intervention.
A reversal of policy on the North Korea nuclear issue and failure of the United States to renew its exemption from the jurisdiction of the International Criminal Court at the United Nations Security Council show in different ways a slackening of American influence. Neither of them marks a decisive readjustment and realignment, but together they point to a tendency that moves in a single direction -- the erosion of American power.
In the dimension of world politics, the strategic intentions of the Iraq intervention were to stabilize the Middle East through a successful demonstration project of market democratization and to convince the other "rogue states" of Iran and North Korea that they would face unacceptable consequences if they did not abandon their nuclear programs. Neither of these goals has been met; indeed, they are farther from realization than ever.
The most obvious slackening of American resolve reported on June 24 was the proposal presented by the United States to the Beijing talks on North Korea's nuclear weapons program that offered North Korea a phased plan of de-nuclearization in exchange for a security guarantee and a generous economic aid package. The significance of this move is not as a predictor of the course of the negotiations -- the differences between the two sides are still serious; the intentions of neither side are clear and the good faith of their positions is problematic. The importance of the American proposal is that it represents a public -- and perhaps an actual -- concession to multilateralism.
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