CASS-India Reaction
Multi-polarity is new global order
SHUBHRA SHARMA/MILITARY ANALYST
INTRODUCTION:
The era of uni-polarity is over. This is going to bring an end to American hyper super power status which the country has enjoyed for more than three decades after the fall of Soviet Union and end of Cold War. Now, any further attempt by the United States to retain the same status might prove negation of history and resisting the cycle of power matrix. There is no doubt American decline is now more visible than ever before. It happens to all powers. But no one knows how gracefully the US will accept this decline and embrace multi-polarity. If it refuses to accept the reality of today, then there could be same fate awaiting for US like it happened with 20 th century Britain that faded into oblivion.
ANALYSIS:
The multi-polarity is fast knocking at the doors of global powers. This is now creating a situation which needs fundamental reforms in the present global power structure and international institutions like the UN, IMF and WB etc. But this can only happen when present set of powers allow the reforms to take place and accept others to share the same table.
Bulk of the conflicts were artificially created to sustain global supremacy. Due to information revolution and greater awareness, many nations are realizing futility of such conflicts which are imposed or engineered from outside. Both the world wars, although they were primarily European wars, were fought to ensure permanent access to global resources. The bi-polarity and uni-polarity had come into play to grease their interests. Now, the era of uni-polarity and single country reserve currency phase is effectively over for all practical purposes. This is also pushing de-Dollarization and G-20 to replace G-7 in all spheres of global decision making. The falling GDP of US, Japan, Germany, Italy, France, Canada and China in recent years has clearly pointed the fact that the world is moving away from present global order to a new one.
Many emerging nations within the BRICS and Global South are aspiring for a greater role and share of their glory to push for multi-polarity. If China wants to impose uni-polar order or China centric global order then it will be foolish to insert such an idea at a time when the world is pushing to get rid of American uni-polarity.
The idea of multi-polarity cannot be stopped any more. Although China is now number 2 economic power in the world it is still out of G-7 bloc and same is for India which has been registering above 8 per cent growth consecutively and providing net security in the Indian Ocean region.
But the power matrix still remains at the hands of the Western nations who are refusing to share the high table. Here the interests of India, China and Russia are on the same page. Although Russia is openly talking about multi-polarity, China is quite ambiguous about the idea. Since China is becoming a pariah for the West, yet Beijing could be a helping hand for India and Russia in this venture as along as China challenges the Western hegemony to facilitate for a multi-polar global order.
China and India
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