IDEAS home Printed from https://ideas.repec.org/p/amz/wpaper/2026-12-a.html

Policy Discussion Paper: Toward a New World Order - Reconceiving The New Alignment

Author

Listed:
  • Snower, Dennis

Abstract

The erosion of the postwar international order has exposed a growing gap between the scale of contemporary global challenges and the capacity of existing governance arrangements to address them. This paper argues that the central challenge of global policymaking is no longer how to secure universal agreement among all major powers, but how to organize effective cooperation under conditions of fragmentation and partial non-cooperation. It proposes The New Alignment, a framework for "state-enabled polycentric governance" based on goal alignment, capacity alignment, and policy alignment. By orienting cooperation toward human flourishing through Solidarity, Agency, material Gain, and Environmental sustainability (SAGE), the framework provides a practical foundation for coalition-based collective action. The paper argues that future global governance will increasingly depend on Pivotal Power Coalitions operating within a broader polycentric system, enabling governments, businesses, international organizations, and civil society to coordinate around shared challenges. The New Alignment offers a pathway for transforming fragmented interdependence into cooperative pluralism and thereby provides a framework for effective global policymaking in the twenty-first century.

Suggested Citation

  • Snower, Dennis, 2026. "Policy Discussion Paper: Toward a New World Order - Reconceiving The New Alignment," INET Oxford Working Papers 2026-12-a, Institute for New Economic Thinking at the Oxford Martin School, University of Oxford, revised Jun 2026.
  • Handle: RePEc:amz:wpaper:2026-12-a
    as

    Download full text from publisher

    File URL: https://oms-inet.files.svdcdn.com/production/files/Policy_Discussion_Paper_Toward_A_New_World_Order_Reconceiving_The_New_Alignment_WP_Jun_26.pdf?dm=1782918850
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. , & Lima de Miranda, Katharina, 2020. "Recoupling Economic and Social Prosperity," CEPR Discussion Papers 14421, Centre for Economic Policy Research.
    2. Dani Rodrik, 2018. "Populism and the economics of globalization," Journal of International Business Policy, Palgrave Macmillan, vol. 1(1), pages 12-33, June.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Luca Bellodi & Frederic Docquier & Stefano Iandolo & Massimo Morelli & Riccardo Turati, 2024. "Digging Up Trenches: Populism, Selective Mobility, and the Political Polarization of Italian Municipalities," BAFFI CAREFIN Working Papers 24216, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy.
    2. Karl-Friedrich Israel & Tim Florian Sepp & Nils Sonnenberg, 2023. "The Effects of Unconventional Monetary Policy on Stock Markets and Household Incomes in Japan," Post-Print halshs-04024219, HAL.
    3. Nils D. Steiner & Philipp Harms, 2020. "Local Trade Shocks and the Nationalist Backlash in Political Attitudes: Panel Data Evidence from Great Britain," Working Papers 2014, Gutenberg School of Management and Economics, Johannes Gutenberg-Universität Mainz.
    4. Brock, J Michelle, 2018. "Inequality of opportunity, governance and individual beliefs," CEPR Discussion Papers 12636, Centre for Economic Policy Research.
    5. Teresa Ghilarducci & Zachary Knauss & Richard McGahey & William Milberg & Drew Landes & Edward Nilaj, 2021. "The Future of Heterodox Economics," SCEPA working paper series. 2021-01, Schwartz Center for Economic Policy Analysis (SCEPA), The New School.
    6. Vigvári, Gábor, 2022. "Transzformáció és a populizmus a visegrádi országokban [Transformation and populism in the V4 countries]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(3), pages 339-366.
    7. Marco Manacorda & Guido Tabellini & Andrea Tesei, 2022. "Mobile internet and the rise of political tribalism in Europe," CEP Discussion Papers dp1877, Centre for Economic Performance, LSE.
    8. Matevž (Matt) Rašković & Katalin Takacs Haynes & Anastas Vangeli, 2024. "The emergence of populism as an institution and its recursive mechanisms: A socio-cognitive theory perspective," Journal of International Business Policy, Palgrave Macmillan, vol. 7(1), pages 19-40, March.
    9. Sarianna Lundan & John Cantwell, 2020. "The local co-evolution of firms and governments in the Information Age," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 51(9), pages 1516-1528, December.
    10. Taiwo Adeagbo, 2024. "Taking Populism Seriously: A Focus on Global Economy and the International Organizations," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 8(3), pages 49-67, March.
    11. Aggeborn, Linuz & Persson, Lovisa, 2017. "Public Finance and Right-Wing Populism," Working Paper Series 1182, Research Institute of Industrial Economics.
    12. Crescenzi, Riccardo & Di Cataldo, Marco & Giua, Mara, 2020. "It’s not about the money. EU funds, local opportunities, and Euroscepticism," Regional Science and Urban Economics, Elsevier, vol. 84(C).
    13. Mathieu Couttenier & Sophie Hatte & Mathias Thoenig & Stephanos Vlachos, 2019. "The Logic of Fear: Populism and Media Coverage of Immigrant Crimes," Working Papers halshs-02095658, HAL.
    14. Charles Goodhart & Rosa Lastra, 2018. "Populism and Central Bank Independence," Open Economies Review, Springer, vol. 29(1), pages 49-68, February.
    15. Rachida Aïssaoui & Frances Fabian, 2022. "Globalization, economic development, and corruption: A cross-lagged contingency perspective," Journal of International Business Policy, Palgrave Macmillan, vol. 5(1), pages 1-28, March.
    16. Natascha Zaun & Ariadna Ripoll Servent, 2023. "Perpetuating Crisis as a Supply Strategy: The Role of (Nativist) Populist Governments in EU Policymaking on Refugee Distribution," Journal of Common Market Studies, Wiley Blackwell, vol. 61(3), pages 653-672, May.
    17. Vanschoonbeek, Jakob, 2020. "Divided We Stad: a Fiscal Bargaining Model for Divided Countries," MPRA Paper 101863, University Library of Munich, Germany.
    18. Oscar Bajo-Rubio, 2022. "Exports and long-run growth: The case of Spain, 1850-2020," Journal of Applied Economics, Taylor & Francis Journals, vol. 25(1), pages 1314-1337, December.
    19. Andrea Coveri & Raffaele Giammetti & Antonello Zanfei, 2025. "How fragile are European GVCs? The role of functional diversification and implications for industrial policy," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 52(3), pages 629-666, September.
    20. Gorynia Marian, 2019. "Competition and globalisation in economic sciences. Selected aspects," Economics and Business Review, Sciendo, vol. 5(3), pages 118-133, September.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;
    ;

    JEL classification:

    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F50 - International Economics - - International Relations, National Security, and International Political Economy - - - General
    • F53 - International Economics - - International Relations, National Security, and International Political Economy - - - International Agreements and Observance; International Organizations
    • F55 - International Economics - - International Relations, National Security, and International Political Economy - - - International Institutional Arrangements
    • D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances; Revolutions
    • D78 - Microeconomics - - Analysis of Collective Decision-Making - - - Positive Analysis of Policy Formulation and Implementation
    • H77 - Public Economics - - State and Local Government; Intergovernmental Relations - - - Intergovernmental Relations; Federalism
    • O19 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • P16 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Institutions; Welfare State

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:amz:wpaper:2026-12-a. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: INET Oxford admin team (email available below). General contact details of provider: https://edirc.repec.org/data/inoxfuk.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.