TheendoftheColdWarhasunderminedNATO’sraisond’être.Butinsteadofdisintegrating,NATOhassurvivedand,moreover,reformedandexpanded.Anepitomeoftheswiftlychanginginternationalsecuritylandscape,NATO’sdevelopmentistheproductofpolicyadjustmentacrosstheAtlanticandisconstrainedbyconflictinginterestsbothwithinandoutsidetheorganization.Inthefuture,theextenttowhichNATOcanexertitsinfluencedependsonitscapacitytotacklenewthreats.TransformingNATOhasposedasternchallengetoboththeUnitedStatesandEurope.Overall,NATOwillstillberegardedonbothsidesoftheAtlanticasapillaroftheirforeignpolicy,despitetheimportantfactthatthetransatlanticallianceisonthedecline.