IRMO Brief 09/2024 - Navigating New Geopolitical Realities: Policy Paths for the Next U.S. Administration

Since the Biden/Harris Administration’s hurried, calamitous US withdrawal from Afghanistan in August 2021, the US-led, unipolar world has transitioned toward multipolarity. Strategic competition between Washington and Beijing has intensified, with relations between America and China hitting a low point during the spy balloon scandal in early 2023 Bifurcated technology sectors and increasing de-dollarization now erode at America’s ability to effectively use both carrots and sticks to influence competitors and partners.

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