Editor's Note: Sergei A. Karaganov is Dean of the School of World Economics and International Affairs at Russia’s National Research University Higher School of Economics. For more, visit Project Syndicate or follow it on Facebook and Twitter.
By Sergei A. Karaganov, Project Syndicate
The world is currently being shaken by tectonic changes almost too numerous to count: the ongoing economic crisis is accelerating the degradation of international governance and supranational institutions, and both are occurring alongside a massive shift of economic and political power to Asia. Less than a quarter-century after Francis Fukuyama declared “the end of history,” we seem to have arrived at the dawn of a new age of social and geopolitical upheaval.
Dramatically, the Arab world has been swept by a revolutionary spring, though one that is rapidly becoming a chilly winter. Indeed, for the most part, the new regimes are combining the old authoritarianism with Islamism, resulting in further social stagnation, resentment, and instability. FULL POST