japantimes | The populist political tendencies among major powers is impeding the
appropriate control of market activities, resulting in the creation of
excess liquidity. That is making the world economy more speculative and
uncertain, while turning the economic policies of the major powers more
inward-looking.
Under these circumstances, globalism stands at a crossroads.
Globalism is an international regime that was attained with the fall of
the Berlin Wall as a turning point, beyond the waves of nationalism that
dominated the world from the 19th to the 20th century and the East-West
ideological divide in the second half of the last century.
It was widely hoped that the world would maintain peace through
cooperation among the major powers while respecting democracy, the rule
of law and human rights, promoting economic growth through market
mechanism, free trade and liberalized corporate activities, and
enhancing human welfare through protection of the environment,
improvement in living conditions, propagation of medical care,
elimination of poverty and spread of education. Globalism is the ideal
of the world.
The survival of Japan, which relies on other countries for resources,
food and markets, and depends on collective security for its defense,
cannot be ensured without globalism. It’s now time for Japan to make
efforts to fortify the foundation of globalism by explaining to the
world its significance and presenting a concrete vision.
0 comments:
Post a Comment