Battle for globalisations?

  • Marko Juutinen
  • Jyrki Käkönen

Various analysts consider BRICS (the association of Brazil, Russia, India, China and South Africa) as a manifestation of a changing world order, heralding the dawn of a 'Post-Western Age'. In the context of 21st-century regionalism—as presented in this paper—and global power shifts, the thesis of change would seem viable. Indeed, regional trade agreements and the diverse organisations in Asia, including the Shanghai Cooperation Organization, manifest an ongoing division of international cooperation into two centres of political, economic and military power: the transatlantic area, and Eurasia. This paper examines the two cases of BRICS, and the Transpacific Partnership (TPP) and the Transatlantic Trade and Investment Partnership (TTIP), and tests the hypothesis of a 'battle for globalisations', understood in two conflicting ways: as a) battle for global dominance, i.e., singular globalisation led by either the West or the 'Rest', and b) a battle for plural,'globalisations'. This paper endorses the idea of a more balanced and inclusive, and less 'western' governance, although within the global trade regime the thesis of singular globalisation can be maintained.

Author

Marko Juutinen

Jyrki Käkönen