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What Are The Main Features Of The Current Global Order?

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What Are The Main Features Of The Current Global Order?
Evolution of information technologies, a new capitalist accumulation model following the oil shock of 1973-4, and the growing availability of telecommunications (allowing the global integration of financial markets) are three of the main factors causing globalization, according to Manuel Castells. Harvey concurs with these claims, focusing however on the influence of postwar Fordism and the formation of the new world market through deregulation and financial innovation. The importance of these last two factors is now challenged by the enforcement of financial system regulation at the international level (Lane 2012). The process of globalization has remained the same since the 1990s, but its dynamics have evolved in time. Harvey’s explanation …show more content…
Please reflect on the following questions in light of G. John Ikenberry’s statement. What are the main features of the current global order? What are the main challenges it faces?

The current global order, established after WWII, has adapted itself to new circumstances and survive to this day. Nevertheless, theory tells us that global orders are renewed approximately every four hundred years, which means a new one is set to emerge relatively soon. Still, the current order differs greatly from that of thirty years ago, a fact every global actor seems reluctant to accept. A collective knowledge of the fact that we are on the brink of entering a new order is perceived, but we stubbornly fight to block significant change.

The increasing interconnection between the world’s actors contrasts the recent spread, of nationalist ideas, as has been the case in Le Pen’s France or the Brexit in the UK. If global orders aim at reducing violence and uncertainty in global relations, we must ask ourselves whether a new one is about to emerge, or, if the current global transformations are: leading us into a new global arrangement, deteriorating our current order, or, in a different interpretation, reducing conflict by using violence as a justified method. At the same time, the massacres of the war in Syria or the refugee crisis in Europe bring to the fore the lack of willingness on the West’s part to aid in global conflicts (for which, in many cases, it is at least partly
…show more content…
Still, the dynamics keeping it subjugated to the wealthy countries of the Global North largely remain. The challenge of these two groups of nations to work together as equals must be solved if we want to achieve efficient world leadership. Even if this comes true, though, patterns of domination will remain a problem. In this regard, Samuel Huntington’s non-realist remarks about the future challenges of the global order are particularly insightful: following the end of the Cold War, the “centerpiece” of international politics becomes “the interaction between the West and non-Western civilizations”. Although his statements on the continuity of nation-state sovereignty are arguable, the acceptance of the non-Western civilizations’ role in global politics by the typical Western power-holders will lead to future

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