Technology and Geopolitics Shape 21st Century, Moving Beyond Washington Consensus Ideology
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Beyond Washington Consensus: Technology and Geopolitics Drive 21st Century, Not Ideology
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Firstpost•21-03-2026, 16:37
Beyond Washington Consensus: Technology and Geopolitics Drive 21st Century, Not Ideology
•The 21st century is shaped by technology and geopolitics, moving beyond the ideological frameworks like the Washington Consensus that guided the late 20th century.
•Universal economic models are fading, replaced by pragmatic, post-ideological policies tailored to local contexts, institutional capacities, and historical trajectories.
•Geopolitical rivalry has re-emerged as a central force, with economic policy now evaluated for resilience, security, and technological sovereignty, not just efficiency.
•Critical infrastructure and foundational technologies like semiconductors, submarine cables, and satellite systems are now central to national strategy and geopolitical power.
•The rapid convergence of commercial innovation and strategic capability in AI, quantum tech, and space systems introduces new systemic risks due to evolving tech and fragmented governance.
