The Guardian of the Liberal World Order
The global financial crisis, which began ten years ago this month, showed that the Western-led rules-based international order’s long-term survival is not inevitable. Should that system collapse, nobody stands to lose more than Europe, which has long thrived on cooperation, and suffered under competition.
https://prosyn.org/jGBTXFU
MADRID – The global financial crisis, which began ten years ago this month, showed that the Western-led rules-based international order’s long-term survival is not inevitable. It is often assumed that if and when the United States loses its place as the global hegemon in that system, China will be the country to lead the world. But what would a Chinese-led order look like?