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The global financial crisis, which began 10 years ago this month, showed that the Western-led rules-based international order's long-term survival is not inevitable.At first glance, that approach might seem sensible, particularly for a Europe that is still finding its footing after years of economic crisis.Perhaps more than any other global actor, Europe – not just the EU, but all of Europe – has an interest in the continuation of a liberal order founded more on cooperation than on competition. Indeed, the existing order plays to Europe's strengths, while mitigating its weaknesses.Rules-based cooperation is embedded in Europe's – and especially the EU's – institutional DNA. For Europe, soft power far outstrips hard power. In a brave new world of ad hoc transactions and raw power relations – the kind that both China and U.S. President Donald Trump seem to prefer – these qualities would do Europe little good.The U.S. is – and, for the foreseeable future, will remain – the world's indispensable power.The sad truth today is that if Europe does not speak up, nobody will.
Russia is a strategist, not a spoiler
The twilight of the global order
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