Rodrik, Dani and Walt, Stephen M.
How to build an better order: Limiting great power rivalry in an anarchic world
- Foreign Affairs
- 101(5), Sep-Oct, 2022: p.142-155
The global order is deteriorating before our eyes. The relative decline of U.S. power and the concomitant rise of China have eroded the partially liberal, rules-based system once dominated by the United States and its allies. Repeated financial crises, rising inequality, renewed protectionism, the COVID-19 pandemic, and growing reliance on economic sanctions have brought the post-Cold War era of hyperglobalization to an end. Russia’s invasion of Ukraine may have revitalized NATO, but it has also deepened the divide between East and West and North and South. Meanwhile, shifting domestic priorities in many countries and increasingly competitive geopolitics have. – Reproduced