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What to Do About the New Cold War

11/1/2022

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The collapse of the Soviet Union in the 1980s accompanied by the dynamic engagement of China in international trade and supply chains ushered in a period of optimism about the global order. It has only recently begun to dissipate. Now, shifts in great power relationships are once again generating conflict. At the same time, there is also a growing awareness that there remains a fundamental difference in the values involved in the domestic organisation of power in democracies compared with autocracies which then spills over into differences about the values that apply in the global space. Optimism may have gone, but there is considerable confusion about how to react to the new setting.

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