'The Second World' - Empires and Influence in the New Global Order' - by Parag Khanna
Khanna's study is noteworthy, primarily for his analysis of 'the second world': some 100 transitional countries, such as Brazil, Ukraine, and Iran, that do not qualify either as rich advanced industrial states or as least developed nations. By Khanna's account, 'the race to win the second world is on.'"
The decline in US influence is something structural, that is, it has more to do with globalization and the rise of other powers such as China and the coalescence of the EU and others than it does with the Bush administration/war in Iraq, which certainly has accelerated things though. And indeed, strong-arming even allies to support a war that was not in their interest will have the kind of micro-repercussions that will hurt the US diplomatic stature in the long run, I have no doubt about that."