Summary – Mark Carney highlights a profound structural break in global order driven by growing great-power rivalry and weakening international cooperation.,
Article –
Mark Carney emphasizes a significant transformation in the global order, characterized by intensifying great-power rivalry and a decline in international cooperation. This shift represents a profound structural break, altering how countries interact and wield power on the world stage.
The changes in global power dynamics suggest a more fragmented and competitive international environment. As a result, the mechanisms that once facilitated cooperation among nations are increasingly strained, leading to uncertainty and new challenges in maintaining global stability.
Key aspects of this shift include:
- Escalating competition between major powers.
- Reduced effectiveness of global institutions.
- Emerging alliances and strategic partnerships that reflect new priorities.
- Challenges to established rules and norms governing international conduct.
Understanding this evolving landscape is critical for policymakers, businesses, and societies alike, as it will shape economic, political, and security outcomes for years to come.
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