Publications /
Opinion

Back
A New World Order in the Making
Authors
December 22, 2023

“As the world continues to fracture into different blocs, a new world order is in the making,” observes ambassador Len Ishmael, Senior Fellow of the Policy Center for the New South, in her Policy Paper ‘The New South in a Multipolar World; Multi-Alignment or Fence Sitting?’ (October 23, 2023). The major economies of the G7 remain at the helm, but “whereas the G7 share of global GDP was two thirds in 1990, today it is closer to one-third. In the meantime, the countries of the New South are adding more muscle to the G20, and an array of non-western groupings [is] forging a new identity: The New South. Will that be a moment or a momentum?” she asks.

“Time will tell,” is her answer. But, she says, “it is hard to dismiss the sense that change in the international structure is happening, greater multipolarity crafted by middle powers is evident, and The New South is very much part of this new chapter.” Dr. Ishmael, author of many books, including on the EU-African relationship, confirms that “the renewed interest of all major powers in securing support and partnerships with countries of the Global South is shown by the spate of recent African engagements with world leaders, including those of the U.S., Russia, China, and the EU, the invitation to Brazil, India, Turkey, South Africa, and Saudi Arabia to attend the G7 Copenhagen summit (June 2023) as observers, recent comments by U.S. President Biden indicating an openness to discuss UN Security Council reform, G20 enlargement to include the [African Union], and the flurry of shuttle diplomacy by Western powers to Africa, Latin America, the Caribbean, and Asia.” This, writes ambassador Ishmael, “carries a significance which transcends the Ukrainian conflict.”

The writing on the wall leaves no doubt: “The West seeks to shore up supplies of critical raw materials (CRM) in the race with China in the transition to green energy, high tech, and artificial intelligence. But these encounters are also designed to woo countries away from China and Russia during this period of heightened tensions.”

The BRICS—Brazil, Russia, India, China, and South Africa—does not claim to be a competitor to the G7 or G20, but when the original founders announced they would be willing to enlarge their group, announcing new members at their meeting in South Africa on August 24, 2023, more than 40 nations showed an interest, and 22 asked officially to join BRICS. For Navdeep Suri, Distinguished Fellow of the Observer Research Foundation in India (Global Memo, August 31, 2023) this is “clearly a symptom of a deeper malaise.” The West’s “proclivity to display unilateral finance sanctions, abuse international payments mechanisms, renege on climate finance commitments, accord scant respect for food security and health imperatives of the Global South during the pandemic are only some of the elements responsible for the growing disenchantment with the prevailing international system.”

In her paper, Dr Ishmael wrote “the West is slowly facing the reality that Western interests are no longer de facto those of the rest of the world, and that the risk of losing global power and influence is real. Recent moves by Saudi Arabia to keep oil prices high ... by continuing to reduce supplies in tandem with Russia, underscores this reality, showing the determination even by a long-term Western ally to champion its own financial interests over those of traditional allies. Like South Africa, India, and many others, Saudi Arabia is unabashedly multi-aligned in pursuit of its domestic interests.”

A Critical Moment

When the BRICS named in August its new members—an almost bankrupt Argentina, oil-rich powers Saudi Arabia and the United Arab Emirates, the rather isolated Iran, impoverished Ethiopia, and economically stressed Egypt—‘Global Perspectives’ (August 31, 2023) published by the Council of Councils, which gathers opinion from global experts on major international developments, asked in a headline: “Seeking an Alternate World Order?” The fifteenth BRICS Summit, suggests Navdeep Suri, “has sent a strong signal that the post-World War II order should accept the multipolar reality and change with the time”.

The recent rupee-designated oil transaction between India and the UAE is not merely a swipe at the petrodollar arrangement which has prevailed since 1973, argues Suri, “but it is also a signal that the world’s major commodity exporters and importers can try to reduce their dependence on the dollar.” If not a new world order, suggests Suri, the BRICS expansion is “certainly an attempt at an alternative world order, one with a more sympathetic for the developing many versus the developed few.”

“A critical moment in the creation of a new world order may have just occurred,” writes Steven Gruzd, head of the African Governance and Diplomacy Program, South African Institute of International Affairs, in a paper edited for ‘Global Memo’. “After horse trading and arm twisting, the BRICS is now the BRICS plus six and the new members will add their voices to advocating for a more equitable global governance system, reforming the UN Security Council, and increasing influence for the Global South.”

“In addition the steady stream of summits involving countries of the Global South,” observed Dr Ishmael in her Policy Paper, BRICS, the G20, the Association of Southeast Asian Nations, the Shanghai Cooperation Organization, and the recently concluded two day G77+China South Summit, held in Cuba, “also point to a growing multipolarity, and diffusion of world power and a coming together of the Global South around an agenda of core interests notwithstanding their differences. There is a growing realization that the increasing weight of these countries can no longer be ignored.”

Considering this political and economic weight, the increasing power of the Global South, a vision of an independent, democratic nation named Palestine is no longer a mirage. It could be a reality if the powers to be give peace a chance and are willing to create, but not destroy or oppress, a nation without respected borders a capital surrounded by barbed wire and mines, and which is suffering from bombs and missiles that pulverize dreams.

 

RELATED CONTENT

  • Authors
    October 4, 2016
    Brazil has been suffering from anemic productivity growth. This is a major challenge because in the long run, sustained productivity increases are necessary to underpin inclusive economic growth. Without them, increases in real labor earnings tend to conflict with global competitiveness; collecting taxes in order to fund government expenditures on infrastructure and social policies becomes a heavy burden; returns to private investment becomes harder to achieve; and ultimately citize ...
  • Authors
    Karim EL Mokri
    September 29, 2016
    L’objectif de ce travail est d’aborder la problématique de la transformation structurelle à travers une analyse par le concept de la complexité économique de Hausmann et Hidalgo, en se focalisant davantage sur les pays à revenu intermédiaire. Dans un premier temps, des régressions en données de panel utilisant la méthode des GMM en système, afin d’éviter les problèmes d’endogeneité, ont permis de mettre en évidence un lien empirique positif et significatif entre la complexité économ ...
  • Authors
    Samuel George
    September 27, 2016
    On July 15, Turkey’s tumultuous 2016 took a shocking twist as elements within the country’s military attempted a coup against the government of President Recep Tayyip Erdogan. The putsch rapidly snapped at the seams, and a night that began with soldiers blocking bridges yielded a morning with those same soldiers flogged by civilians in the street. In the days following the attempt, Erdogan declared a three-month state of emergency and began purges of depth and breadth that extended ...
  • September 22, 2016
    This podcast is performed by Peter Chase. On June 17, 2013, the United States and the European Union formally announced the start of negotiations on a Transatlantic Trade and Investment P ...
  • Authors
    Emiliano Alessandri
    September 19, 2016
    This policy brief reviews the recently published EU Global Strategy, highlighting its main strengths and weaknesses as well as innovations, starting with the concept of resilience. It argues that the document has many strengths for being a compromise text written at a time of deep uncertainty about the EU's own future. The brief also comments on the future of EU-Morocco relations in the new framework. It notes that the strategy perhaps missed an opportunity to reaffirm European-Moro ...
  • Authors
    September 15, 2016
    Les sous-régions et espaces d’intégration, anciens ou improvisés prolifèrent en Afrique. Ces structures sont communément désignées sous l’appellation : Communauté économique régionale (CER)1. A côté de l’Union africaine qui se veut l’organe d’intégration par excellence, d’autres structures sous régionales africaines font figure de phase intermédiaire pour faciliter l’intégration globale du continent. Certaines de ces sous-régions sont institutionnelles, d’autres sont de simples comm ...
  • September 15, 2016
    A significant degree of uncertainty remains on the consequences of Britain’s EU referendum. Once Article 50 is triggered, the Brexit will still have to be enforced and effective. British ...
  • September 07, 2016
    Ce podcast est délivré par Moubarack Lo. Cette présentation a pour objet de définir une théorie de l’émergence économique, qui constitue une étape vers la convergence avec les pays dévelo ...
  • Authors
    Laura El-Katiri
    September 7, 2016
    Climate change is an increasingly integral part of our reality. Over the coming decades, global warming will affect our socio-economic development, human health, our availability of food, water along with our ecosystems and wildlife, more than we are likely able to imagine. The Paris Agreement, adopted last year in December at 21st session of Conference of the Parties (COP 21) by 196 parties (195 countries and the European Union) to the UN Framework Convention on Climate Change (UNF ...