If the 1990s and the first eight years of the first decade of the 21st Century represented an era when transnational terrorism dominated world attention, the remainder of this decade and the next one promise to be a period of a new global crisis, which might be even more obdurate than fighting global terrorism. Robert Zoelick, President of the World Bank, described this era as marked by the “double-jeopardy of food and fuel prices,” which will defy solution. These issues will also make a number of countries of Asia, Africa, and Latin America favorite places for the mushrooming of drug cartels, transnational crimes, small arms trade, and even terrorism. The search for solutions for this new crisis might require a radical reconfiguring of global decisionmaking structures, an issue on which major powers must reflect with utmost seriousness.
Continue reading “The New Global Crisis Requires A Major Revamping of the Global Power Structure”