Political polarisation and the future of global markets
18 August 2024 - 00:00
For a brief period in the early 1990s the world became relatively unipolar, centred on a dominant US and its neoliberal, democratic order, after the end of the Soviet Union. Democracy spread and military conflict deaths reached their lowest levels in recent history. Through the late 1990s and early 2000s, many more “voices” — countries with increased economic heft and geopolitical influence, such as China — would emerge, giving impetus to global multipolarity...
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