Navigating the Global Disorder: A Credibility Crisis in Global Politics

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Source: Project Syndicate
Navigating the Global Disorder: A Credibility Crisis in Global Politics
Photo: Project Syndicate
TL;DR Summary

The shift from a unipolar to a multipolar world economy is not leading to a China-led alternative order, but rather to global instability. The Western-led global economic order is facing internal stress, eroding its effectiveness and legitimacy. As more countries build alternatives to the Western-led order, the global economy risks fragmentation, eroding America's leadership role and accelerating a shift toward disorder. The multilateral system is further undermined by its inability to address urgent global challenges. Russia's ability to maintain trading relationships despite sanctions and the perceived hollowness of the West's commitment to human rights in the Israel-Hamas conflict have fueled frustration with the Western-led order. To prevent further fragmentation and international disorder, Western powers must strengthen the existing multilateral architecture by reforming key institutions and addressing issues of voice and representation. Failure to do so would result in more global disorder and hinder our ability to tackle long-term challenges.

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