Fecha Publicación: 05-12-2022

Western liberal globalisation needs a reboot. Over the past years, the West and its institutions have distanced themselves from the outside world, while becoming entangled in their own economic nationalist policies. A collective hubris, invigorated by the end of the Cold War, led many to believe that rationalism and enlightened values would be perpetually embedded in the multilateral system. Yet then came populist and authoritarian forces knocking at the door and the liberal ideals started to fade away. Take Europe. Because of naivety, idealism, irresponsibility or a combination of these, the greatest economic bloc on earth stringed itself to Vladimir Putin and made its gas supply substantially dependent on a dangerous autocrat. While the EU’s coordinated response to the Kremlin’s attack on Ukraine has been effective in the form of economic sanctions or energy decoupling, these actions should be seen as the start – not the end – of the pursuit of a new liberal grand strategy: a values-based globalisation.

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