The three essays collected here reflect on the challenges within the next ten years, of managing the international system and of democratic industrialized societies in that system. The authors address such issues as a new world order, specific Japanese challenges, and Trilateral cooperation in an attempt to predict the direction of the international system.

The authors share an optimism about the future of international development. There is an emphasis on multilateral cooperation as the stages of globalization evolve. Koichi Watanabe gives a thorough analysis of Japans attempt to globalize and its need for reform. He suggests, "because of the daunting task of comprehensive deregulation and reform that will last well into the next century, Japan needs a peaceful international environment." The writers agree that the newly developing nations play pivotal roles in global development. Paul Wolfowitz notes this gradual shift of power as one of the multiple characteristics of the emerging system.

Chapters

• Managing the International System Over The Next Ten Years
• Japan In Need of Reform and Trilateralism
• Managing Our Way to a Peaceful Century

Authors

• Bill Emmott, Editor, The Economist
• Koji Watanabe, Senior Fellow, Japan Center for International Exchange; Executive Advisor, Keidanren; former Japanese Deputy Minister for Foreign Affairs
• Paul Wolfowitz, Dean, Paul H. Nitze School of Advanced International Studies, John Hopkins University; former US Under Secretary of Defense for Policy