Why the Liberal Order Will Survive in a Post-Western World
Glance at most newspapers or current affairs magazines today and you would not be blamed for thinking that the fabric of the liberal order – marked by democratic governance, liberal values, free markets, stable peace, and strong institutions – is inexorably fraying.
Such pessimism also has popular resonance. Today, two-thirds of Americans believe their children’s employment will be worse than their own. Most already think that China’s economy is larger than that of the United States, when in fact it is still less than half its size. A Pew survey last year showed that citizens of the former Soviet Union (including the Baltic states) were far less enthusiastic about their countries’ shifts to democracy and market economies than they were at the end of the Cold War. And faith in the European project is dissipating rapidly across the continent. Meanwhile, institution-building as it pertains to world trade, climate change, and nuclear disarmament appears to have stalled.
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Dhruva Jaishankar is a transatlantic fellow with GMF's Asia Program.