A User's Guide to the Century

Jeffrey Sachs explains why the new world order of the twenty-first century is crisis-prone.

Issue: July-Aug 2008

THE "NEW world order" of the twenty-first century holds the promise of shared prosperity . . . and also the risk of global conflict. This is the paradox of our time. The scale of human society-in population, level of economic production and resource use, and global reach of production networks-gives rise to enormous hopes and equally momentous challenges. Old models of statecraft and economics won't suffice. Solutions to our generation's challenges will require an unprecedented degree of global cooperation, though the need for such cooperation is still poorly perceived and highly contested by political elites and intellectuals in the United States and elsewhere.

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