Rebalancing geopolitics, geoeconomics
In the discussion on global disorder and the fate of the West, many political and economic experts and pundits are focusing on how to rebalance geopolitics and geoeconomics in 2018. Why is that?
The turbulence and upheavals in 2017 saw the rise of anti-globalization and political radicalization against globalization and political moderation. This expanded and deepened global disorder and uncertainty about the future of the West, as well as that of the rest of the world.
The geopolitical and geoeconomic imbalance seems to have manifested at the national, regional and global levels, clearly indicating, as economics commentator Martin Wolf recently said, "an unraveling of the US-created, post-second world war liberal order into deglobalization and conflict".