Whenever we talk about the liberal international order, we actually also talk about globalization. The former promoted international trade and financial liberalization , the spread of democracies, and the growth of global governance. These, in turn, promoted interdependence. Markers of global economic interdependence — such as global trade flows and global financial direct investment — increased. In integrating regions, and especially among advanced industrial democracies, boundaries lost political and cultural salience. Over the course of the 1990s, Europe took on new significance as an...
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