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Arnaud de Borchgrave, a CSIS senior advisor, published a commentary in the United Press International, "From riches to rags."
May 5, 2008

Author:

Arnaud de Borchgrave

Associated Programs:

Transnational Threats Project

Related Research Focus:

Terrorism & Transnational Threats

Experts :

Arnaud de Borchgrave

Excerpt:

Globalization was supposed to lift all boats, some faster than others. And the proliferation of democracies around the world would put the seal of good government on this peaceful process. But globalization has also spawned multiple uncertainties. Players improvise the rules as they go along. Hedge funds and derivatives have left government regulators in the dust. And the middle classes see their standard of living heading south.

A plethora of books by geopolitical heavyweights is now ringing alarm bells. In "The Return of History and the End of Dreams," Robert Kagan says we are now back in a world of clashing national ambitions and interests, closer to the 19th century than to the 1990s.

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