– What is an economic order ? What is the current world economic order ? What will the new world economic order look like ?
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An economic order can be described as the various structures and activities that are linked together to form a system of economic activities and trade. Typically used for “big picture” discussions.
There is no singular economic order. Very broadly speaking, the current economic order is based on free trade and specialization.
No one can say what a “new” one would be like since things evolve over time. The actors and alliances are changing. Things to look out for would be demographics and trading patterns. Major geopolitical shifts (a big subject in itself) will impact the economic direction.
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