“The New World Order” – an Old Phenomenon of the Modern Time Cover Image
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“The New World Order” – an Old Phenomenon of the Modern Time
“The New World Order” – an Old Phenomenon of the Modern Time

Author(s): Velcho Stoyanov
Subject(s): Economy
Published by: Институт за икономически изследвания при Българска академия на науките

Summary/Abstract: “New world order” (declared by George Bush Senior and the Club of Rome in the end of 20th century) is not a novice concept but is deeply rooted in history. New, however, are the unique circumstances under which it is constructed: wide-range and dynamic liberal globalization, collapse (in 1989) of the two-polarities world with two main leaders and the reign of a single super-powerful hegemony (USA) but with emerging new rivals (separate states or coalitions); growing role and importance of regional economic formations (with the EU as a prototype) and global corporations in the context of growing and intensifying environmental and cultural crisis; the economic (crisis) regularly reminds if itself too … The discrepancy and/or disparity between the emerging liberal global society and the lack of global governance is intensifying well, being expected to overcome the “new world order”.

  • Issue Year: 2008
  • Issue No: 7
  • Page Range: 73-86
  • Page Count: 14
  • Language: English