Emerging Markets, Stocks

A New Cold War Order?

By Mikhail Gorbachev

Mikhail Gorbachev

Source: commons.wikimedia.org

MOSCOW – As 2014 comes to a close, it is clear that the European and international political structures that have been in place since 1989 have failed the test of time. Indeed, the world has not witnessed such a tense and fraught environment since the Cold War’s end, with bloodshed in Europe and the Middle East coming against the backdrop of a breakdown in dialogue between major powers. The world, it appears, is on the brink of Cold War II. Some even say that it has already begun.

Meanwhile, the world’s key international body – the United Nations Security Council – is scarcely playing a role or taking concrete action to stop the fires and the killing. Why has it not acted with determination to evaluate the situation and develop a program of joint action?

One primary reason, I believe, is that the trust created by hard work and mutual effort in ending the Cold War has collapsed. Without such trust, peaceful international relations in today’s globalized world are inconceivable.

Read more from Project Syndicate


Mikhail Gorbachev was the last head of state of the Soviet Union, and helped to bring about a peaceful end to the Cold War, for which he was awarded the Nobel Peace Prize in 1990. He has since remained active in global and humanitarian affairs, most notably through his leadership of the Gorbachev Foundation. He is also the founder of the Geneva-based Green Cross International, an independent nongovernmental organization that addresses security, poverty, and environmental degradation.

This material is reproduced with the prior written consent of Project Syndicate. For more information on Project Syndicate, visit http://www.project-syndicate.org/

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