Ever since the end of the Cold War, the world’s leading powers have embraced a common project. That project came to be called “globalisation”.
For all their differences and rivalries, the leaders of the US, the European Union, Russia, China, India and Japan shared a vision. They all agreed on the importance of continuing international economic integration. They all wanted to promote trade and foreign investment. With the collapse of communism, they all accepted private enterprise as the motor of the global economy.
