Global Challenges and the Emerging World Order [Paperback]

This book offers a fascinating overview of the challenges posed by the worlds new geostrategic order and likely future directions. It opens with an unconventional view of the Arab Spring, identifying its origins in the relative US withdrawal from the Middle East caused by both the need for military disengagement for economic reasons and the discovery of shale gas and tight oil in the heart of the North American continent. The rise in the geostrategic importance of Putins Russia is explored in this context. The implications of the worldwide economic crisis are analyzed in depth: the authors interpretation is that the world is entering a phase of unstable growth generated by hyper financialization and deflation. Against this background, the book explores the US attempt to trigger growth through the Transatlantic Trade and Investment Partnership, the impact of the Trans-Pacific Partnership (based on the US-Australia military alliance) in restraining Chinas advance, and the potential for Africa to become the driver of the worlds economic future if it can resist Chinese penetration and continue the nation-building process.Acknowledgements.- The terrible August 2013.- The start of the Mediterranean crisis.- The worlds economic crisis.- The chickens have come home to roost.- The old and new convergence.- Responding to strategic divergence.- Fossil hydrocarbons and the fragmentation of growth.- The future will be African.- Emerging from the crisis in Europe: changing Europe.

Giulio Sapelli is Full Professor of Economic History at the University of Milan. He has previously taught at the Ecole des Hautes Etudes en Sciences Sociales, Paris, the University of Buenos Aires, the London School of Economics and Political Science and the Autonomous University of Barcelona. Prof. Sapelli has published very extensively on a wide range of topics, including the energy industry and management, market pathologies and the need for institutional, organisational and ethical tralc&