Japan, Europe, and the Global Economic Order

The world has changed, and the rules and institutions that govern it will need to change with it if stability and order are to prevail. As guardians of that order, neither Japan nor Europe has an interest in seeing the global economic order fragment. The more the two sides can work together on issues such as pressing the U.S. Congress to approve IMF reform, in spite of differing perspectives on China, for example, the more likely it will be that the order will simply evolve.