From Breakingviews - Polycrisis may lead to polycentric world order
U.S. Secretary of State Antony Blinken , joined by National Security Advisor Jake Sullivan , speaks while facing Yang Jiechi , director of the Central Foreign Affairs Commission Office, and Wang Yi , China's State Councilor and Foreign Minister, at the opening session of U.S.-China talks at the Captain Cook Hotel in Anchorage, Alaska, U.S. March 18, 2021. Frederic J. Brown/Pool via REUTERS”.
To maintain order in the chaos, America will need to listen to allies, take account of other powers and avoid throwing its weight around. This will involve salvaging as much as possible of the multilateral system based on the United Nations while reinforcing it with coalitions such as the NATO defence alliance and the Group of Seven large industrialised countries.
A polycentric order would be different from what is often called a “multipolar” system - a dog-eats-dog world where big powers have a licence to dominate their neighbours. But it will be far from secure. So countries are spending more money on weapons: Japan, Germany and America are planning particularly big hikes in their defence budgets. They are also paying more attention to energy security.
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