Global Order Shifts Towards Multipolarity, Challenging U.S. Unipolar Dominance
The world is experiencing a significant shift from a U.S.-led unipolar order to an emerging multipolar system, where no single power holds uncontested authority over international rules, institutions, and norms. This transition is characterized by the rise of China and the increasing influence of middle powers such as Türkiye, Singapore, and India, which are aligning with different global actors based on their interests. UN Secretary-General António Guterres noted that while the world is moving towards multipolarity, it has not fully arrived yet. This evolving landscape suggests a future where conflict, both direct and indirect, may become more persistent, with numerous states hedging between major powers like Washington, Beijing, and Moscow. The concept of deglobalization is also being discussed, though the U.S. dollar's continued dominance as the world's currency indicates that a complete reversal of globalization is not yet a megatrend. Additionally, private companies are increasingly influencing geopol...
