Unfinished Transformation - Lim, Wonhyuk

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Auteur(s) : Lim, Wonhyuk

Editeur : Brookings Institution Press

Langue : Anglais

Parution : 01/05/2025

Format : Moyen, de 350g à 1kg

Nombre de pages : 246.0

ISBN : 0815740190

Résumé :

Preface and Acknowledgments

Introduction: Unfinished Transformation for the World in Disarray
Wonhyuk Lim

1 The COVID Shock, American Domestic Transformation, and Transpacific Relations
Kent E. Calder

2 The Negative Feedback Loop of United States-China Relations
David M. Lampton

3 The Postpandemic Order: China, the ASEAN, and the Future of the Indo-Pacific
Richard Javad Heydarian

4 Europe and the World after COVID-19: How the EU's Internal Dynamics Will Shape Its External Relations
Matthias Matthijs

5 The Transformation of Eurasia in the Post-COVID World: The End of the Sino-Centric Continent?
Jacopo Maria Pepe

6 The Possibilities for Effective Multilateralism in the Coming Global Order
Alan S. Alexandroff

7 Technology, Growth, and Inequality: Changing Dynamics in the Digital Era
Zia Qureshi

8 The Future of Democracy
Norman J. Ornstein

9 The Global Response to High-Impact Pandemics Requires New Approaches
Jennifer B. Nuzzo

10 Global Development Cooperation in the COVID World
Homi Kharas

11 Global Climate Politics in the Age of COVID-19
Jonas Nahm

Index

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Biographie:
Wonhyuk Lim is a professor at the KDI School of Public Policy and Management. He specializes in international political economy and industrial organization. His previous books include Economic Crisis and Corporate Restructuring in Korea, Global Leadership in Transition, and The Korean Economy: From a Miraculous Past to a Sustainable Future....

Sommaire:

The end of the Cold War, the acceleration of globalization, and the rise of the rest posed serious challenges to the existing international order based on World War II settlements and Cold War modifications. The Global Financial Crisis of 2008 provided an opportunity to address this problem, as evidenced by the emergence of the G20 at the leadership level, but this adjustment, reflecting a sea change in international economic and political realities, was by no means a smooth process. Domestically, in many advanced industrial countries, there was a populist/nativist backlash as increasing socioeconomic disparities and interaction with the outside world produced economic anxiety and status anxiety. Politicians who promised to take back control appealed to a large number of voters, using us vs. them rhetoric to divert attention from socioeconomic inequality. Thus, even before the outbreak of COVID-19, the combination of international power shift and populist/nativist backlash made global cooperation a precarious proposition, even though the proliferation of global value chains, climate change, and infectious diseases made global cooperation more imperative than ever before.

The pandemic has accelerated the pre-existing trends of increasing inequality at home and decreasing inequality among countries, especially U.S.-China competition. It is evident that these accelerating trends cannot lead to stable outcomes, as they exacerbate the risks of crisis and conflict if they continue. This book explores how domestic and international transformation can address these problems. Domestically, instead of blaming the global elite and outsiders, investing in people should receive priority, given the challenges of automation and globalization. Unless workers and the middle class feel secure enough, governments would find it difficult to push for international initiatives. Internationally, a new order should reflect changing economic and political realities, with guardrails to prevent conflict and mechanisms to promote global cooperation.