The shift from a unipolar world order, in which the United States was the dominant power, to a multipolar world order, in which there are several major powers, such as Russia, China, and India, has created a political void. During this period, the world will lack an established global order, which may bring both challenges and opportunities. On the one hand, this period will allow for the diversity of political and economic models in the world. The absence of a global order can lead to the strengthening of bilateral and regional cooperation between countries. In a world without a global order, some countries may adopt liberal economic models, encouraging economic freedom and free trade.

Source: Daily News Egypt September 13, 2023 07:26 UTC