The Birth of a New International Order
The remnants of the twentieth century’s bipolar order are finally disappearing, making way for a new global pentarchy. The United States and China will be the dominant players in the twenty-first century, but Europe, Japan, and India will also be able to exercise meaningful influence over large swaths of the planet.
BERLIN – We are witnessing an unprecedented confluence of major and minor crises. From the COVID-19 pandemic, surging energy prices, and the return of inflation in developed and developing economies, to fractured supply chains, Russia’s criminal war in Ukraine, and climate change, many of these crises are signs not just of decay but of a new world order being born.