Page 9 - Issue 70
P. 9

Vol 1 - issue 70                                                       ELITE

            Politically,  the  Asian  continent  has  a in  addition  to  its  cultural  component
            complex  and  non-homogeneous  political manifested in globalization and American
            environment, ranging from democracies in cultural  dominance—something  Asian

            Japan  and  South  Korea  to  authoritarian powers  have  yet  to  offer  a  complete
            regimes  in  neighboring  countries  facing alternative to. She concluded her remarks
            real  challenges  in  poverty  and  social by stating that the international system is
            inequality. Thus, she argued, there is more in  a  state  of  intellectual  and  analytical

            than  one  Asian  Century.  Asia  is fluidity.  It  is  possible  to  infer  the
            undergoing  demographic  and  economic continuation  of  American  hegemony  just
            transformations that could hinder its role, as it is possible to infer its decline. On one
            such as a declining labor force due to aging hand,  the  U.S.  still  possesses  the  world’s

            populations, leading to increasing pressure most  powerful  military  and  greatest
            on  social  security  systems.  In  contrast, cultural influence. On the other, signs of its
            Asia  also  faces  security  and  geopolitical retreat  are  evident—foreign  conflicts,
            challenges,  notably  tensions  in  the  South growing           isolationist        tendencies

            China  Sea  and  the  potential  conflict domestically,  and  discussions  about  the
            between  China  and  Taiwan,  which  could end  of  the  American  century.  The  world
            reshape     strategic    balances     on    the stands  at  a  crossroads  between  East  and
            continent. Despite the rise of major powers West,  where  the  features  of  a  new

            like  India  and  Brazil,  and  partial international  system  are  taking  shape.
            emergence  of  Africa,  complete  Asian Wars  such  as  the  Russia-Ukraine  conflict
            dominance  remains  questionable.  The or a potential China-Taiwan confrontation
            international system is not heading toward may           accelerate    this    transformation.

            Asian  unipolarity  but  rather  toward However,  the  shape  of  this  system,  its
            multipolarity,  where  powers  like  Western number  of  poles,  and  the  time  of  its  full
            Europe and the U.S. continue to maintain emergence remain unclear.
            leadership  roles  politically,  economically, Dr.  Heidi  Kars  then  took  the  floor,

            and militarily.                                  affirming  the  significant  value  of  the
            There is ongoing debate about whether the strategic  report,  which  represents  a
            liberal  international  order  is  in  its  death qualitative addition to the Arab library as
            throes or merely facing a temporary crisis it comprehensively monitors international,

            from  which  it  can  recover.  It  still  enjoys regional,  and  local  interactions.  She
            strong  institutional  roots,  such  as  the focused  her  intervention  on  three  main
            International  Monetary  Fund  and  the axes  within  the  chapter  on  international
            World Bank,                                      interactions.          First,         systemic

                                                             transformations in the international order:
                                                             she  discussed  ongoing  structural  shifts  in
                                                             the global system, noting that the world is
                                                             going through a transitional phase marked

                                                             by instability and uncertainty. The system
                                                             is no longer clearly bipolar nor definitively
                                                             multipolar, and there is an erosion of the


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