The crisis in international law
- The challenges for core universal values enshrined in international law are Securitisation, populism, and protectionism.
The Geo-economic challenge:
- The post-world war-II scenario: It was a bipolar one with great power competition between a ‘capitalist’ America and a ‘communist’ Soviet Union led to the disintegration of the Soviet Union and the collapse of communism.
- The ‘relative harmony’ phase:later the phase saw the spread of democracy, greater acceptance of universal human rights, and a global consensus for maintaining international rule of law with multilateral institutions and independent international courts acting as referees.
- Evolving a multipolar world: Today international law faces a new ground reality i.e. the dwindling of the ‘liberal’ and ‘capitalist’ west and the rise of an ‘autocratic’ China and ‘expansionist’ Russia.