EU-US trade deal: Creating a new world order
The world order has changed in the course of the financial crisis and with it, enhanced the consolidation of a new arena of world politics in which superpowers somewhat urgently seem to hunt for new allies to rescue their well-being, says Gabriele Suder. Gabriele Suder is Jean Monnet chair and professor of International & European Business at Skema Business School. Globalisation is out, "regionalism" [globalisation-on-a-budget] is in, [Suder says.] One could argue that we might need to thank the lasting economic crisis for at least a few sweeping developments on the global level: Amongst them, the awareness that the world is in no way as ‘flat’ as some contemporary thinkers made many believe.