
For the first time in 36 years, Britain's political parties are in the unusual position of not knowing who will form the next government. As I write, David Cameron's Conservatives are in pole position to form either a minority administration or a formal coalition with the third-largest party, the Liberal Democrats, after Thursday's inconclusive election.
But one thing is certainly clear: The next British government is going to be leaner and less interventionist than the last, with broad implications for its global allies. Whoever moves into No. 10 Downing Street will be faced by a daunting in-tray, including a huge budget deficit that all parties agree must be drastically reduced over the next few years.
This will mean deep cuts in public spending, which -- almost all observers agree -- will inevitably affect Britain's global role, dependent as it is on a large diplomatic service and relatively large armed forces capable of expeditionary missions such as the current Afghan deployment, where British forces are the second-largest international contingent after the United States. A new government will probably just not be able to afford to maintain Britain's current foreign policy, already a diminished one.
Despite the serious global impact of a smaller-pocketed Britain, foreign policy was barely an issue during the campaign. Politicians warned the voters that tough choices would need to be made because of the financial crisis, but they hardly touched on what this might mean beyond the domestic.
The campaign, particularly Clegg's candidacy, may have been energized by the first-ever television debates between the three main party leaders in British history -- it only took British politicians 60 years after the United States invented the idea to agree to this innovation -- but the question of Britain's role in the world hardly arose in the discussions.
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