‘The American-led order since 1945 is collapsing’, admits The Economist

Subscribe The famous magazine The Economist devoted its front page to the end of Western hegemony, highlighting the emergence of a multipolar world.A cover that speaks volumes. The Economist, a famous British weekly, devoted its last issue to  the emergence of a multipolar world . The magazine chose to headline the decline of the Western bloc with anguish: “How to survive the split of a superpower?”.The weekly underlines that the world order resulting from the Second World War and led by the Americans is running out of steam. Today, a more divided world is emerging, where many countries try to defend their own interests, while choosing the partners with whom they have the most to gain.”Caught between America, China and Russia, many countries are determined not to choose sides. As the American-led order since 1945 crumbles and economic division accelerates, they seek to make deals on differences. This transactional approach is changing geopolitics,” writes The Economist.

The magazine insists on the weight of these non-aligned countries, which together represent nearly 4 billion inhabitants and more than 18% of world GDP, ie more than Europe’s share. This group of countries, which goes from India to Saudi Arabia via Brazil, constitutes a new economic force which tries to find a place between an emerging China and the declining United States, underlines the edition.

Above all pragmatic

These non-aligned countries are also characterized by their pragmatism. Desiring to develop economically, they want to trade with whoever they want, without political a priori.They are also wary of Western calls for the defense of human rights, “often perceived as selfish, incoherent and hypocritical”. Major institutions such as the UN and the IMF are also shunned by this group of countries.“Their approach to the world, shaped by their desire for national development, has become ruthlessly pragmatic […] They want to trade freely with both sides of the geopolitical divide, seizing opportunities for profit […] Pragmatism also means they have limited confidence in the institutions of the American-led order after 1945, such as the UN or the IMF,” explains The Economist.

An observation which joins that, drawn up by many observers, which notes the emergence of a multipolar world, in the wake of the fractures left by the conflict in Ukraine. African countries also have an important role to play in this new global geopolitical configuration, as Kheswar Jankee, Ambassador of the Republic of Mauritius to Russia

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