The year 2016 may be remembered as marking the beginning of the end of the postwar international liberal order.The global rise of nationalism has in many cases coincided with the decline of social and economic openness, ascendant since the fall of the Berlin Wall. Across the world, voters are embracing leaders and policies opposed to freer trade and closer integration with partner nations, and have pivoted away from traditional international alliances. In some cases, this populist wave has propelled a surge of political chauvinism.The aftershocks of the Great Recession and globalization are continuing to reshape global supply chains. Shifts in …read more
Source: The American Interest