By Timofey Bordachev , Program Director of the Valdai Club
With the deterrent of guaranteed mutual destruction between Russia and the United States still intact, global politics is entering a new phase of “normality.” For the first time in decades, there is no single center setting rules for all. Something older, more pluralistic, and less predictable is emerging – a return to the natural state of international affairs.
One of the least discussed effects of the decline of the liberal economic order that dominated the late 20th century is the erosion of Western capacity to manage global politics effectively. The European Union offers the…
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