Imagine a transnational community, where trade, borders, religious and socio-political divide no longer direct – and undermine- global stability. The evolution of our society, one not constrained by the artificial territoriality of the nation-state, is necessary to render the refugee crisis, terrorism, and environmental collapse to mere footnotes in the history of humanity. The world is united on all fronts regarding socio-economic development.
After World War II, leaders came together to create initiatives which would allow economic and social development which fostered cooperation and growth on a global level. This interconnectedness was formalized with the implementation of the Bretton Woods system, where countries in Europe rebuilt their economies with the aid of the United States. This economic cooperation laid the foundation for a formidable alliance, which matured beyond economics into a socio-political and cultural cosmopolis. Yet, in recent years, the ideas, interests and identities of the US and Europe have diverged causing a rise in nationalistic tendencies. This return of the nation-state and its populist sentiments are essentially a reaction to the perceived hyper-globalization. A modern anxiety, which has manifested as fear of the subsequent erosion of the ‘nation-state’. These alliances have been undergoing opposition due to outside forces, and so governments like the United States have begun to turn inwards, most notable, pulling out of the Paris Climate Agreement. This has strained the relationship created in the aftermath of WWII and has undermined the credibility of the United States on the global stage. The survival of transatlantic partnership between the US and the EU is under scrutiny as there are other countries demonstrating a commitment and greater resolve to the global community and the Paris Agreement. China is a global economic powerhouse and has accelerated their efforts in the fight against climate change – prioritizing the global community over their national interests. They also have the capability to maintain the exchange of goods and services to and from Europe. China has been the number one trading partner with the United States for years, however, if the United States does not initiate the necessary mechanisms to diversify its energy economies new alliances could be forged and old ones broken thus, allowing new player to emerge like India who too has the capability to maintain trade with Europe. The Asian countries have younger populations and thus have the momentum needed to create and maintain strong global economies.
To rejuvenate the transatlantic partnership, leaders in the EU and the United States must come together to combat xenophobia, while simultaneously, creating trade agreements that generate economic growth sustainably. The US and the EU will need to overcome regulation issues, as they both have different regulatory standards in food production, pharmaceuticals and the manufacturing process. If a laissez-free zone is created transaction costs would be minimal, increasing efficiency and promoting economic development, due to the elimination of tariffs. However, the US and the EU must develop a new outlook, one not only based on economic growth but also social and political development. The empowerment of people along with Intergovernmental Organizations and Non-Governmental organizations will serve as a key factor in this alliance, as social and political groups can serve as mediums promoting the development of the transatlantic partnership domestic and international.
Transatlantic relations will only be successful once leaders of the world begin to acknowledge all issues from a global standpoint, and deny the protecting our border rhetoric, and accept the idea of a global state as together the world can tackle any issues at hand.