Global power shifts - which normative impact?

Since the symbolic fall of the Berlin Wall almost a generation ago the EU has expanded with a considerable number of countries. All of these have a heritage of industrial modernity, socialist planned economy and centralized autocratic regimes.  – The importance of global market economy, market relations, and market law has grown over the last generation beginning from 1978-80 with the Deng/Thatcher/Reagan era and the development of a ‘socialist market economy’ in China since then.

This reconstituted world society has influenced EU in several ways. Extended membership has been followed by increased legal movement and migration from all over the world not least from Africa and the Middle East. The primarily Western economic crisis has been followed be several other crises.  The rapid neoliberal economic reforms in the world have not been followed by social and political reforms. We are currently witnesses to how Europe (and the USA) is losing power to other continents – at the moment especially Asia. These power shifts might later on be expanded to upcoming markets like Africa and Latin America. A new world order is being created shifting the power balance away from the western world. The normative impact of this shift is highly unclear at the moment.