The report said the adoption of the euro by European Union nations that qualify on the basis of this year's economic performance has the potential to transform the multilateral international monetary system into a " tripolar or even bipolar system ."
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Neorealists conclude that a bipolar system is more stable ( less prone to great power war and systemic change ) than a multipolar system because balancing can only occur through internal balancing as there are no extra great powers with which to form alliances.
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In " A Short History of the Twentieth Century " ( 2013 ), Lukacs attempts to challenge the idea ( common to both professional historians and International Relations experts ) that the Cold War presented a bipolar system or a major strategic rivalry or conflict, instead arguing that the twentieth century was one of American dominance.
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