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    ISAS Working Papers

    Long-term studies on trends and issues in South Asia

    261 : The Shaping of the ‘Trumpian’ World Economic Order

    Shahid Javed Burki

    6 July 2017

    This paper discusses the way in which Donald Trump, the new American President, is unravelling the global political and economic orders that had been painstakingly established over a long period of time. The foundation of the old order was laid right after the end of the Second World War in Europe and was built upon during the days of the Cold War. Its evolution hastened following the collapse of the Soviet Union in 1991. With the Cold War's ideological conflict over, Francis Fukuyama, a reputable sociologist, claimed that history had come to an end - it had ended, he believed, since the world would no longer be engaged in ideological conflicts.2 However, governance is more than the pursuit of ideologies. It also includes the way nations interact with one another and the institutions they create to promote these contacts.