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disruption and change
Feature story > h a n s u n g -J o o chairman of the board, KACUNS Professor emeritus, korea university
RULES UPDATING FOR MULTILATERAL CO-OPERATION 0 T day
we are seeing disruptions and changes in our way of life at an unprecedented rate and at all levels of society. Many of these changes involve things that we associate with globalization— free trade, advanced technology, and instantaneous digital communication methods; developments that were facilitated and supported by the post-World War II liberal world order.
Looking back, multilateral institutions in the post-War era owed their creation and growth to three factors: 1) the recognition, by dominant and lesser powers alike, of their shared interest in achieving common goals through multilateralism; 2) a degree of idealism for such objectives as peace and human well-being to which multilateral institutions could contribute; and 3) the acknowledgment of the existence of common public goods such as financial stability, environmental protection, or freedom of the seas. But, unfortunately, in the aftermath of the Brexit vote, the recent US presidential election, and in the midst of growing nationalist movements around the world, we can also see more clearly that there are large groups of people who feel negatively affected by the changes brought about by globalization, liberal order, and multilateralism.
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