I have the worst hang over, and I am eating cake. Mind the spelling errors.
America is the world leader, which in some cases has been a disaster with America actually fighting against democracy and development, in others been crucial for it. America as a people and culture should not be confused with the international politics, but in a democracy, the people do have a responsibility for the actions of their leadership, but as it is, America provides stability in the world.
To loosely answer you question, times are changing. Yes, Americas hegemony is weakening and this might be seen as both good and bad depending, but is a natural development of global simplexity, and in the end good for America too. It’s a move towards a global state of stability in international politics, economy and security. To be first, strongest and keeping down others has been a path to destruction for too many in too many places. Co-operation and equality is key to the future, and corresponds to core american values. America will continue to be one of the most prominent countries in the world, together with others.
The EU is the strongest economy in the world atm, and the Euro the strongest currency. We haven’t seen the like of China’s growth and development since the US in the beginning of the last century.
What I am trying to say here is that the world is slowly moving from a unipolar world to a multipolar world, towards a global community of “regional states” rather than national states, where there is no room for a superpower. Some of these “regional states” will be stronger, and some weaker, but there will be no one dictating the conditions. This should not be seen as a developments towards terror balances and iron curtains, but a harmonization, strengthening and stabilization of the world. This development will, and has to take it’s time, especially in Africa.
But we can see this development everywhere. There are few nations that are not part of regional FTA’s or political co-operation. The EU has taken the lead in this path and set both examples of success and mistakes as well as failures, and I find it likely that regional co-operation and development will strengthen and spread democracy in other parts of the world.
These are most of the communities from the top of my head:
Central Asia
CIS
South Asia
SAARC
South East Asia
ASEAN and Asean+3
Oceania
CER, PIF
Africa
AMU, SADC, ECCOWAS, ECCAS, EAC
Middle East
GCC
South America
USAN
The Carribean
CARICOM
Central America
CA4 and SICA
North America
NAFTA