Global order and its enemies Cover Image

Global order and its enemies
Global order and its enemies

Author(s): Michał Moszyński
Subject(s): Supranational / Global Economy, Governance, Geopolitics
Published by: Wydawnictwo Naukowe Uniwersytetu Mikołaja Kopernika
Keywords: global order; institutions; globalisation; economic integration; capitalism;

Summary/Abstract: Motivation: A series of crises have demonstrated the low resilience of the global economy to shocks and triggered a discussion about the possible end of globalisation understood as the unrestrained growth of mutual trade and business ties on a global scale. The emerg-ing tendencies to shorten supply chains and block trade as well as calls for an activeand strategic trade policy are contributing to the decay of the liberal global order built afterWorld War II. The potential disintegration of the world economy into antagonised blocsand the conflict between the Western model of liberal democracy and autocratic regimesshould be considered particularly dangerous. The above phenomena deserve the utmostattention, and the desire to understand them has provided inspiration for taking up this topic. Aim: This study aims to define and interpret the concept of global order in both economic and political dimensions. In this context, two interrelated questions are addressed.The first one is about the character of the global order after World War II and the secondone concerns the causes and consequences of its decay.Results: The emerging disintegrative tendencies in the global economy and the anarchisa-tion of international economic relations constitute a negative-sum game. Globalisation hasallowed most countries in the world to achieve significant gains in wealth. The benefitsthat it provides to consumers are too great to be consciously abandoned in favour of anautarkic economic model. Capitalism seems to be able to operate under very differentpolitical regimes, hence — with all the differences between political models at the nationallevel — it creates an effective platform for cooperation on the global stage. Nevertheless, the end of the “peace dividend” indicates that effectively preventing the danger of armed conflict by means of economic and military deterrence will be an important part of the future world order.

  • Issue Year: 22/2023
  • Issue No: 1
  • Page Range: 127-142
  • Page Count: 16
  • Language: English