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Is World Order Dependent on a Balance of Power?Carnegie Endowment for International Peace - Carnegie Endowment for International PeaceAs the Cold War was being ushered to a close, American and Russian leaders crafted a settlement with principles and arrangements intended to constitute a great-power peace as well as to extend the liberal international order. Today, the promise these arrangements once held now seems distant. The administration of President Barack Obama sees the repair of the relationship with Russia as a major foreign-policy objective, and has spent its first year ambitiously attempting to reset relations and place them on a more positive footing.John Ikenberry and Daniel Deudney discuss the current relationship between the United States and Russia and its impact on world order, based on their new article in Survival. They are joined by Robert Kagan and Stephen Sestanovich. Thomas Friedman moderates the discussion.