In an interview with Reuters on 17 October 2013, Professor Joseph Nye commented on the global impact of the government shutdown in Washington: "It's clearly very damaging for American soft power in the sense that the reputation for effective management of government and of the world's reserve currency are hurt". On the same day, President Obama echoed this interpretation: "Probably nothing has done more damage to America's credibility in the world, our standing with other countries, than the spectacle that we've seen these past several weeks".
Topic:
Globalization, Politics, Science and Technology, Mass Media, and Culture