Working Paper - IS AMERICA DISILLUSIONED, DISAPPOINTED, DEPRESSED AND DECLINING?
Foreword
After the fall of the Berlin Wall in 1989, the peak period of US hegemony began. The country was dominant in many spheres of power such as military, economic, political and cultural.
Francis Fukuyama, a bureaucratic functionary at the US Department of State declared, with much pomp and ceremony, that history had ended and US was the triumphant trophy of liberal democracy.