GLOBAL POWER SHIFTS: UNDERSTANDING THE CHANGING WORLD ORDER
DOI:
https://doi.org/10.29121/shodhkosh.v5.i5.2024.3453Keywords:
Global Power Shifts, Changing World Order, Multipolarity, International Relations, Vasudhaiva KutumbakamAbstract [English]
The world is witnessing significant changes in its power dynamics, with the decline of unipolar dominance and the rise of a multipolar world order. Economic power is shifting from the West to emerging economies, technological advancements are redefining the balance of power, and military strategies are evolving in response to new security challenges. Over the past 25 years, international relations have been shaped by five key dynamics: globalization, shift in global power balance, the emergence of multipolarity, influence of technological advancements and the strategic maneuvers that nations have traditionally engaged in (Jaishankar, 2024). This paper traces the journey from the Cold War’s bipolar rivalry to the unipolar moment of American supremacy, and now to the more complex multipolar reality of the 21st century. Exploring what these shifts mean for global security, economic trends, and geopolitical hotspots like the Indo-Pacific. While these changes bring challenges, such as the risk of conflicts and a weakening of international institutions, they also present opportunities for for global cooperation guided by the “ethos of Vasudhaiva Kutumbakam envisions the world as a single, united family emphasizing collective action to address shared challenges like climate change and economic development.
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