I would say most definitely. Many of the threats countries face in the world in the modern age are problems faced by entire continents, regions, or the globe. Alliances, military or economic, help these countries to provide a united front to deal with these issues.
NATO and the UN serve as deterrents to some aggression by individual nations, and they have cooperated to end the Yugoslav Civil War, provide peacekeepers in conflict zones all over the globe, and cooperate on issues from terrorism to AIDS to Climate Change.
These organizations and alliances, therefore, prevent aggression and solve world issues.
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