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GLOBAL RESPONSIBILITIES (1) answer(s).
 
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Risks of ignoring strategic insolvency / Mazarr, Michael J   Journal Article
Mazarr, Michael J Journal Article
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Publication 2012.
Summary/Abstract A moment has arrived when a great power with global responsibilities is having a crisis of confidence. Its economy has grown sluggish and it is being overtaken by a number of rising competitors. Financial pressures loom, notably the ability to keep a balance between government revenues and expenses. It is losing long-standing superiorities-psychological as well as technological and numerical-in key categories of military power; this great power, whose diplomats and military leaders manage active or potential conflicts from Afghanistan to Europe with treaty alliances as far flung as Japan and Australia, confronts the need for constraints on its global ambitions and posture. This urgent reckoning has been prompted in part by a painful and largely unnecessary counterinsurgency war far from home that cost many times more than initially thought and exhausted the country's overstretched land forces.
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