Europe and Asia in the Age of Irreversible Globalization and Fall of Nations


  • Giorgio Dominese



Global vs. Nations, Conflicts, Theory of Growth, Policies


The Paper is focused on the crucial issues of the New Theories of Growth and of course a firm premise must be put forward for the Global Governance, in this really season of the history when winds of antagonist reactionary inspired thinking and political parties are tempted to embrace populism, nationalism, ethnic antagonism even racism. In a season of illiberal tolerance, a growing number of countries are affected and the adopted contrast measures seems still fragile and weak. International Relations, History and Political Sciences give room to realism and old fashion approaches and policy choices without finding a valuable critical analysis and public debate.

The implications for the global order are quite alarming and the looming of more than 60 conflicts spreading out all over the world are associated with main fires as the North Korea case or the never ending Middle East, South Asia, North West and East Africa, horrific terrorism ongoing and tyrants regimes still on power.

On the opposite side, the leadership of the reforming, open markets, economies and in primis the liberal democracies of the different inspirations are keeping higher the fences and the appropriate policies to dissipate the polluting clouds of extremism, while public opinions are poisoned by instrumental information, while too wide, diffused blind tolerance with movements and leaders who are feeding the authoritarian and nationalistic dangers, against constitutions and laws.
Are the New Theories of Growth in a revisionist process to compromise with the populism and demagogy contaminating the world? Even if apparently the political elites are very cautious of higher the tunes and the measures of contrast, the firm assumption that the globalism in the unique condition for growth and advancement of societies, economies and peace among nations is hardening fast. In fact, any possible restauration of the past is possible in the already irreversible structure of economies, finance, technology standards, human capital, higher environment priorities, new generation weaponries, outer space perspectives, energy shift from oil and coal: the list of the reasons to push back the front of antagonistic thinking, practices and governance might never end. 

To enlighten the promising world governance and economies horizons to 2020-2030, the New Theory of Growth almost twenty years ago have added a terrific value added of research, innovative assumptions and policies: My paper proposes to read again the effective and well analyzed outcomes shown in the beginning of the mid Nineties with the publication of the Formel-G Global Trends 2020, by the Research Division of the Deutsche Bank. It was an applied and upgraded elaboration of the rigorous range and propositions by the distinguished scholars Romer-Mankiv-Weil from Berkeley University, announced by NEBER in December 1990. The New Theory of Growth is based in the relevant and quite impressive scientific and applied analyses of professors David Romer, Gregory Mankiv and Davis Weil. An extraordinary farsighted reviewing and enhancement of the global economics and governance perspectives of the world policies that I will summarize here as they might be not forgotten pillars in the scientific gathering of fellows, researchers and promising PhDs in the five continents and today at the CEA in Manchester University.

The dialectic between globalization and nationalism return should not be carried out purely on a kind of demagogic propaganda slogans among  factions but in an intellectual and  scientific frame, where no room is left for the destabilizing reactionary and shadow protagonists of the esoteric return to the past when ignorance and instrumental use of the institutions accompanied  the  world through the XIX and XX centuries governance,  even if in presence of a great but elitarian intellectual,  scientific and cultural renaissance.

Nevertheless it had not even a comparison with the openness and accessible movement of people and ideas, the quality of life  in contemporary  society, where  knowledge, scientific discoveries, arts and humanities, universities and think tanks are the one really face of the crucial factors of the “one World”,  not of nations or alliances but just the endowment of the new factors of growth and development under our eyes into a wide, unique human horizon, where races and skin colors are simply accepted, with  reciprocal respect and inclusion policies.