This policy report represents the culmination of a two-year study on American foreign policy. Prompted in the first instance by the absence of any comprehensive U.S. foreign policy agenda for the post-Cold War era, the report describes the kind of world the United States should be moving toward and suggests how it should go about doing so. The study group assessed trends, defined and prioritized U.S. national interests, and formulated policy recommendations in those geographic areas of greatest strategic importance to the United States- -Asia, Europe, Russia and the Newly Independent States, and the Middle East--and in three functional areas as international security; international economics, and a final category labeled global problems and opportunities. The report provides a uniquely bipartisan perspective and a much needed wake-up call at a time of diminished public interest in international affairs.