While undoubtedly yielding large benefits, the post-Cold War project of globalization also created the conditions for resurgent nationalism around the world. With their international credibility at low ebb, Western policymakers will need to rethink how they engage economically and politically with countries that have embraced it.
CAMBRIDGE – The euphoria after the fall of the Berlin Wall in 1989 was not just about what Francis Fukuyama called an “unabashed victory of economic and political liberalism.” It was also about the decline of nationalism. With the world economy rapidly becoming more integrated, it was assumed that people would leave their national identities behind. The project of European integration – embraced enthusiastically by well-educated, upwardly mobile young people – was not just supranational, but post-national.
CAMBRIDGE – The euphoria after the fall of the Berlin Wall in 1989 was not just about what Francis Fukuyama called an “unabashed victory of economic and political liberalism.” It was also about the decline of nationalism. With the world economy rapidly becoming more integrated, it was assumed that people would leave their national identities behind. The project of European integration – embraced enthusiastically by well-educated, upwardly mobile young people – was not just supranational, but post-national.