The rise of “new economic statecraft”—the use of trade and investment as tools of foreign policy—is increasingly threatening the stability and predictability of the global economic system. The United States, principal architect of the post–World War II neoliberal international economic order, has surprisingly become a major driver of dramatic change through the expanded use of coercive economic tools, not China as most analysts expected. Both superpowers now employ new economic statecraft to influence third countries, and these practices are spreading to middle powers as well. What, then, is the likely fate of the neoliberal order? Will existing institutions adapt through reform, or will they be increasingly bypassed in favor of unilateral measures and bilateral or mini-lateral arrangements? As Vinod Aggarwal P'12, professor of political science at U.C. Berkeley will explore, the result may not be institutional collapse, but a global economic order that is increasingly contested, fragmented, and harder to govern.