A New Post-Cold War System?
The Middle East in a Realigned Worldby
There was a short period, just after the collapse of the Soviet Union, when the shape of the emerging post-Cold war system seemed quite clear. The disintegration of the Eastern Bloc would be complemented by further economic and political integration of Western Europe according to the Maastricht Treaty timetable. Other new blocs, like the North American Free Trade Area, were in the making. The whole system was to be regulated by a US-dominated order based on such international institutions as the UN Security Council, the World Bank and a revised General Agreement on Tariffs and Trade (GATT).