Financial Times FT.com

Globalisation and the new nationalism collide

By Philip Stephens

Published: October 23 2008 19:15 | Last updated: October 23 2008 19:15

Ingram Pinn illustration

We are saved. Amid the rubble of the world’s financial markets, we can catch sight of the foundations of a new international order. The big lesson of the crisis has been learnt: we cannot escape our mutual dependence. Global markets require multilateral rules.

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