In this op-ed, former Secretary of State Henry Kissinger sees great promise for American leadership in addressing the global financial crisis:
Not since the inauguration of President John F. Kennedy half a century ago has a new administration come into office with such a reservoir of expectations. It is unprecedented that all the principal actors on the world stage are avowing their desire to undertake the transformations imposed on them by the world crisis in collaboration with the United States. The extraordinary impact of the president-elect on the imagination of humanity is an important element in shaping a new world order. But it defines an opportunity, not a policy.
Kissinger warns Obama not to rely on his popularity alone and encourages him to forge partnerships with other countries, particularly China, in charting a course toward a more stable world order.