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Our World in 2018

Leading minds reflect on the state of our societies, and examine the challenges that lie ahead. An edition dedicated to generating ideas that will help form a new vision for our world.

Leading minds reflect on the state of our societies, and examine the challenges that lie ahead. An edition dedicated to generating ideas that will help form a new vision for our world.

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GLOBAL VS. LOCAL WORLDS

deal with Asian and African countries

out-competing the West on price,

because of a race to the bottom in labor

standards – a root cause of Western

wage stagnation.

The battle against environmental

degradation poses the same problem:

sustainable progress against pollution

cannot be made if nation-states fail

to take seriously their responsibilities

to reduce carbon dioxide emissions

and switch to renewable energy. Yet,

without concerted international action

to force free riders into line, pollution

will cross borders, and environmental

damage will spread and multiply.

So there is a limit to national-level

solutions. While it is sensible to oppose

the wrong kind of global cooperation,

the right kind of cooperation is vital

to achieve national prosperity in this

hyper-connected era. With market

power still expanding at the expense

of governments, policies focused

OUR WORLD | 2018

exclusively on pulling the levers of the

nation-state will fail to deal not just with

pollution and inequality, but also with

macroeconomic imbalances, beggarthy-neighbor

trade policies and their

spillover effects, cyber attacks, and

pandemics – each of which now poses

a transnational problem that requires

an international response.

Striking the right balance between

autonomy and cooperation

comes down to being clear about

the distinction between nineteenth- and

sovereignty. In the former, power is

centralized, held by a single state that is

seen as indivisible; the latter is focused

on popular self-government, with

citizens making their own democratic

choices about whether power resides

locally, nationally, or internationally.

In some areas, citizens will choose

their national government as sole

FLICKR / Lars Plougmann

decision-maker. In others, they may

choose to share decision-making power

in regional blocs like the European

Union or in international organizations,

such as the United Nations and NATO,

that agree to share responsibilities,

resources, and risks.

Getting the balance right is the

unstated issue at the heart of the

argument not just about the limits

and extent of global cooperation, but

also, and more immediately, about

the future of the UK’s relationship with

E.R

America First-style strategies, and overly

intricate frameworks of supranational

governance are all inadequate to

satisfy the modern world’s imperatives

to cooperate across borders and to

uphold the pride people have in their

distinctive national identities.

Striking the balance between

national independence and crossnational

cooperation will more likely

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