International Cooperation or Gridlock?
International Cooperation or Gridlock?
The end of the unipolar world has created greater opportunities for collaboration—but only if established powers recognize the new mechanisms of global governance.
A shift of the global balance of power is under way. Emerging countries are increasingly playing significant roles on global issues, such as the global economy, trade, and investment, as well as in diplomacy and multilateral decision making.
In a few years, we will witness a historically rare phenomenon, when a new country will become the world’s largest economy. China’s GDP will soon become the largest in the world, overtaking the United States. The last time the world’s number one economy changed was in the nineteenth century, when the U.S. economy surpassed the United Kingdom’s...
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