EXECUTIVE SUMMARY 2

1. INTRODUCTION 3

2. OLD GLOBALISATION: WHEN GEOGRAPHY RULED THE WORLD 5

3. NEW GLOBALISATION: IDEAS FLOW FASTER THAN GOODS 7

4. THE RISE OF “GEOPOLITICAL DISTANCE”– AND THE DECLINE OFPHYSICALDISTANCE 9

5. THE IDEAS SLOWDOWN IN THE WEST RAISES THE STAKES 11

6. THE WORLD IS FORMING “IDEA ALLIANCES”– THE NEW ARCHITECTURE OF POWER 13

REFERENCES 16