The article outlines how a successful modern foreign policy career requires blending traditional diplomatic expertise with private sector acumen. Juster's career trajectory—from international law to high-stakes diplomacy (e.g., the Gulf War) and subsequently to the technology sector—demonstrates this synthesis. Key evidence includes his work managing complex negotiations under duress and his involvement in co-founding the U.S.-India High Technology Group. The implication for policy is that effective geopolitical strategy must actively integrate private sector knowledge and technological considerations to manage modern economic and security challenges.
Will the new world order put the brake on trade?
English Summary
The article argues that the shift toward domestic-focused economic policies and the decline of U.S.-led 'hegemonic stability' are creating a precarious environment for global trade. Drawing on historical precedents like the Pax Britannica and Pax Americana, it suggests that trade growth flourishes when a dominant power fosters international policy alignment, which is now fracturing. Consequently, rising protectionism threatens to trigger a vicious cycle of economic decline, disproportionately harming emerging and developing nations that rely on open market integration.
中文摘要
本文指出，轉向以國內為中心的經濟政策，以及美國領導的「霸權穩定」衰退，正在為全球貿易創造一個動盪的環境。借鑒大英帝國和平（Pax Britannica）與美國和平（Pax Americana）等歷史先例，文章認為，當主導大國促進國際政策協調時，貿易增長便能蓬勃發展，而這種局面目前正在瓦解。因此，日益抬頭的保護主義威脅著要引發經濟衰退的惡性循環，這對依賴開放市場整合的新興及發展中國家造成的損害尤為嚴重。
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