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Terror, the Great Recession, and the Arab Spring (2000–15)
from Part I - The Rise and Fall of Liberal Internationalism and the New World Order
Published online by Cambridge University Press: 02 February 2023
This chapter recounts the cascade of problems that threated international liberalism and the Washington Consensus during the first part of the twenty-first century. The Global War on Terror launched under US leadership, the global financial crisis and the ensuring Great Recession, and the promise and dashed hopes of the Arab Spring all exposed the failure of the liberal internationalist system and the expanded international organizations to fulfill the hopes of the 1990s.
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