
Summary. The contemporary global order is undergoing a significant rupture, marked by the erosion of rule-based multilateralism, the rise of great power politics and the fragmentation of international norms, posing serious strategic, economic and societal challenges for states across the globe. The so-called 'rules-based order', which often functioned as an instrument of powerful states against weaker ones, is leading the world towards instability, uncertainty and selective adherence to international law, intensifying the great-power rivalry where the post-World War II concepts of sovereignty and the resolution of disputes through negotiations no longer matter.
The rules-based international order is no longer merely weakening; it has effectively collapsed. In its place, a power-based system has already emerged. At the recent World Economic Forum (WEF) summit in Davos, much discussion revolved around the apparent death of this order, an arrangement that many now concede had been on life support for years. While several leaders expressed nostalgia...
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