Economics Quote by Condoleezza Rice
“We have to recognize that the reason that the global order that we've enjoyed and almost take for granted over the last several years exists is that after World War II, the United States and its allies tried to build an antidote to what they had seen between World War I and World War II. There, they'd seen protectionism, beggar-thy-neighbor trading policies, so they said, we'll build an open international economy. And they did that.”
About This Quote
Source Speech: Post‑War Global Order, 1990s
The post‑WWII liberal international order was built to counter interwar protectionism and conflict, fostering open trade and cooperation.
In simple terms: After WWII, the US and allies created an open economy to avoid past wars.
Support and trade to prevent conflict.
Themes
Mood
Type
When to use this quote
- International negotiations
- trade policy
- development aid
- conflict prevention
Key Concepts
Questions to Reflect On
- How can modern states sustain openness?
- What risks threaten this order?
It can be fragile and challenged by rising nationalism.