The author is a senior fellow at the Brookings Institution in Washington, DC. He specialises in international economics, monetary economics and macroeconomic policy. He was previously Director of the International Finance Division of the Federal Reserve Board. The book draws attention to the need for different countries to strike a balance between local autonomy and external openness. All this while avoiding the extremes of limited localism and borderless globalism.
According to the author, today there are many sources of conflict that challenge our world, and to overcome them, collective action has become increasingly necessary. Bryant lists several crises, such as climate change, mass migration or the COVID-19 pandemic, to which he believes that the joint response of national governments is far from effective. Bryant also highlights the extremes of the overly conservative patriotic and cosmopolitan vision, which contrast sharply with each other and which preclude the possibility of cooperation. According to Bryant, if common coordination and cooperation across national borders is not achieved in the future, it could become very problematic to tackle crises. For this reason, a set of rules and regulations should be developed that would provide a suitable platform for international communities to develop the possibility of collective governance.
Meszár Tárik – The author is a researcher at the Eurasia Center of John von Neumann University
Publisher: Brookings Institution Press
Publication date: 2020
ISBN: 978-0815738718
Pages: 188