Liberal international order

International system established after World War II

In international relations, the liberal international order (LIO), also known as rules-based order (RBO), describes a set of global, rule-based, structured relationships based on political liberalism, economic liberalism and liberal internationalism since the late 1940s. More specifically, it entails international cooperation through multilateral institutions and is constituted by human equality, open markets, security cooperation, promotion of liberal democracy, and monetary cooperation. The order was established in the aftermath of World War II, led in large part by the United States.

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