The Cooperation Crisis
Many hoped that the rise of a multipolar global economy would bolster multilateralism. In fact, the opposite is true: the logic of national sovereignty has made a comeback, with major economies consistently undermining cooperation on issues ranging from Syria’s civil war to trade to climate change.
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PARIS – The rise of emerging economies worldwide has generated much optimism, in terms not only of economic development, but also of global cooperation. But the shift to a multipolar world order has not bolstered multilateralism. In fact, the opposite is true: the logic of national sovereignty has staged a comeback, with major economies consistently undermining cooperation on issues ranging from security to trade to climate change.