It would be easy to conclude that America’s presidential election this time around is a matter of concern only to Americans. But that would be wrong.

The world remains enthralled with American politics. No other election on the planet receives a similar amount of attention. Not even close.

I have just returned from another couple of rounds abroad and still I see enormous interest in U.S. politics. Headlines everywhere follow the minutiae of the protracted U.S. presidential election. From Latin America to Asia, people heard about Republican candidates Rick Santorum and Newt Gingrich. They are intrigued that Mitt Romney is a Mormon, and they have heard about issues of U.S. health care and American troops in Afghanistan.

Still, the sense that the U.S. election will have a direct and immediate impact on everyone’s life seems to have receded compared to the days of the Iraq war.