Jonathan Holslag - World Politics since 1989

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1989 ushered in a new age of freedom and prosperity. Thirty years later, the golden era is over. What went wrong? How did the age of globalization – of growing connectivity, affluence, and growth – give way?
Jonathan Holslag navigates through the calm seas and rip tides of global politics from the Cold War to the present. He tells a story of faltering momentum and squandered opportunities that explains how the West’s sources of strength were lost to rising consumerism, unbalanced trade, and half-hearted diplomatic engagement. All the while, other powers, like China and Russia, grew stronger. With his trademark verve, Holslag untangles the threads of this story to reveal that it was not so much the ambition of China, the cunning of Putin, or the greed of African strongmen that led the world into this dark place; it was the failure of the West to listen to its people, to show clear leadership, and reinvent itself, in spite of ample evidence that things were going awry.
Impressive in scope and analytical depth,
is a magisterial account of how we got to where we are and what lessons can be learned from the political arrogance and complacency of the recent past.

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11 Watershed Gathering forces 2021 Charles V Notes

12 Acknowledgements

13 Further reading

14 Index

15 End User License Agreement

Guide

1 Cover

2 Table of Contents

3 Endorsement Page

4 Title Page

5 Copyright

6 Dedication

7 The pendulum THE PENDULUM W ALLPECKERS, THEY WERE CALLED. IN THE WINTER OF 1989, hundreds of wallpeckers or Mauerspechte descended on the Berlin Wall. Armed with hammers and chisels, they attacked the imposing barrier of concrete and barbed wire. One year later, the entire Iron Curtain between the Soviet Union and the West came down. It was an electric moment. “A second heart implanted,” wrote a student in her diary, “can’t breathe any more.” 1 From then onwards, the world experienced a period of opening up, of fading political fault lines, diminishing travel restrictions, and lowering barriers against trade. This was the age of globalization, of growing connectivity, commerce, and prosperity, growth that came with the expectation that the remaining vestiges of authoritarianism would make place for freedom. The high tide of globalization appeared to hold opportunities for all. 2 Emerging powers like South Korea, China, and Vietnam received access to the technology, capital, and consumer markets of rich societies, like the United States, Western Europe, and Japan. Rich citizens benefited from cheap goods, from toys to mobile phones, and specialized into services. Countries in Africa, Latin America, and the Middle East profited from growing raw material exports and investment. Trade propelled specialization between nations and specialization brought more growth to all. It was called a great convergence. 3 There were still threats, to be sure. But these threats were expected to make countries work together. Terrorism, for example, pirates that targeted global shipping, criminals that penetrated digital networks – or pandemics. Experts spoke of security interdependence, of global common goods requiring a common policy. 4 A teenager asked to name the most urgent challenge facing the world would likely mention pollution or climate change. If there was competition, it would be a peaceful contest for connectivity, conducted by multinationals and start-up companies instead of states and soldiers. Container ships not aircraft carriers shaped the fortune of the major powers. Cheap airlines made city trips affordable. Internet traffic exploded. Global economic production grew. Extreme poverty retreated. Magazines wrote about a renaissance in Africa. 5 “China’s arrival has improved Africa’s infrastructure and boosted its manufacturing sector,” a magazine trumpeted. “Africa’s enthusiasm for technology is boosting growth.” 6 India with its hundreds of millions of paupers was set to shine. Globalization augured a golden era – or at least an exit from an era of iron.

8 Begin Reading

9 Watershed

10 Acknowledgements

11 Further reading

12 Index

13 End User License Agreement

List of Illustrations

1 Chapter 1 Figure 1.1.World development indicators Figure 1.2.Selected growth indicators for the West Figure 1.3.The evolution of the net international investment position Figure 1.4.Share of authoritarian countries in total imports of EU and US Figure 1.5.Economic and political globalization Figure 1.6.Accumulated length of border fences and walls Figure 1.7.People living below US$5.2 PPP per day Figure 1.8.People employed as share of people between 15 and 64 years old Figure 1.9.Deaths caused by homicide, armed conflicts, and terrorism Figure 1.10.Number of armed conflicts and forcibly displaced people Figure 1.11.Global military spending Figure 1.12.Fueling economic growth Figure 1.13.Global US$ of GDP per kg of transport Figure 1.14.GDP per kg plastic waste

2 Chapter 2 Figure 2.1.The purpose of studying among American university students 4.1. The detaching of…

3 Chapter 7 Figure 7.1.Growth of household income Figure 7.2.Trust in government Figure 7.3.“EU membership is a good thing for my country”

4 Chapter 8 Figure 8.1.Lenders and borrowers

5 Chapter 9 Figure 9.1.The share of China, India, and Japan in Asia’s total GDP Figure 9.2.Africa’s commodity trap 11.1. Middle East fuel exports

6 Chapter 13 Figure 13.1.The strength of the rising powers

List of Map

1 Chapter 2 Map 2.1.America’s world

2 Chapter 3 Map 3.1.The Soviet sphere Map 3.2.The China sphere

List of Table

1 Chapter 1 Table 1.1.Basic indicators of Western power

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