Is Europe Prepared for the Emerging Illiberal World Order?

The old liberal world order is receding, and an illiberal, transactional style of international relations is being constructed along the lines of a new multipolar system. Europe, one of the prime beneficiaries of the liberal international system, will have to reckon with the loss of its influence and privileges in this new order. As illiberalism emerges and the global economy experiences greater fragmentation, the creation of a European foreign policy based on the sovereignty of nation states is more necessary that ever should Europe wish to remain a relevant actor in international politics.