We live in a fragmented world.
Historically, the world has been witnessing overwhelming cultural and civilizational developments which increases the interdependence towards each other nations for their moral and physical needs with ever -increasing pace of globalization.This global democratic interdependenc has in a severe blow of shifting swings of geopolitical realities under the unfolding dynamics of global trade war,which is the strategic geopolitical competition among superpowers to maintain their ideological hegemony by using exploitable tactics that make the global financial system less resilient towards any unpredictable challenges particularly for less developed and developing nations; meanwhile,a global governance gap has created that further deteriorated the complexity of global challenges that people are facing around the globe.
The world is moving towards greater competitiveness.The strategic competition among nations has shifted from military front to economic one.The UNIPOLAR reality of global order has been shifting into multipolar, which is driven by China’s export -oriented policies,that creat new economic hubs around the globe through its diverse ‘Belt and Road Initiative’ project and shifting the balance of power from global to regional level.PROTECTIONISM based economic policies, which is a retaliating tool used by contemporary world superpowers:the United States,Russia and China,changes the geoeconomic alliance’s structure around the power corridors.RUSSIA UKRAINE WAR had had a severe impact on the economies, particularly of the Asia and Europe region,as it disrupted global food and energy supply chains.PERCEPTIONS based politicos,which blooms under the false narratives of securing economical, social and political rights,is becoming a new norm of economic hitman strategy.Infuencing NATURAL RESOURCES of Central Asian Republics (CAR’S) are the new investment sinks to control the energy sector that has created a new alliance structure in the Middle East which changes its political dynamics.DOLLAR hegemony sustained by western economies is in a backsliding trend along with rising local currencies of India and China under the umbrella of ‘BRICS’ block that will create a significant impact on global financial institutions.CAPITALIST based economic system,deep rooted globally,under the pressure of global trade war,had proven unsustainable towards unprecedented challenges of climate change , pandemics and ever -increasing technological developments
Convincingly,geopolitical realities have a diverging position toward the geoeconomic trajectory ignited by the global trade war,and it converts into a more complex geopolitical equation,which diminishes the political ideologies of nations through culture and civilization at one hand and paves new ways of cooperation,which a shifting swings of globalization towards regionalism at another hand, which will secure the national, economical, social and environmental sovereignty,importantly,for sustainable world order.The need of the hour is that world leaders should deal their foreign policy interest balancing with changing realities of economic power to secure their nations’ interest to whom they are accountable in order to maintain the credibility of global governance.As political scientist , Henry Alfred Kissinger,said rightly,
“Geopolitics is the art of balancing interests in an ever changing world”
