The Great Convergence and the World System Reconfiguration by Dygas, Robert;

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For decades, the global balance of power has been shaped by a handful of dominant nations, primarily the United States and Western Europe. Yet, the rise of emerging powers like China, India, Brazil, and Russia is transforming the foundations of the world order. These nations are challenging the traditional dominance of the West, promoting a multipolar world, and reshaping international norms, trade networks, and geopolitical alliances.

This book explores the profound implications of this shift from a geoeconomic perspective, and the change of the geoeconomic paradigm, focusing on how these emerging powers influence global governance, economic policies, and security dynamics. It examines pivotal initiatives like China’s Belt and Road Initiative, India’s expanding global partnerships, and the role of BRICS in creating alternative financial systems to rival Western-dominated institutions such as the IMF and World Bank.

By analyzing the complex interplay of cooperation, competition, and confrontation between established and rising powers, the book sheds light on critical questions:

• How are emerging powers shaping the new geoeconomic paradigm?
• Can the Global South achieve lasting economic independence?
• What strategies can prevent escalating international conflicts?
• How will digital mobility evolve in a changing global economy?

Combining a deep analysis of foreign policies, hard and soft power strategies, and regional responses, this book provides readers with a nuanced understanding of how both traditional and emerging powers are forging new global and regional orders.

With its timely insights, this book is an essential resource for academics, policymakers, researchers, and anyone aiming to grasp the future of international relations in an era of transformation.

Tartalomjegyzék:

The shift of the geo-economic paradigm.- International trade forms the perspective of the shift of the geo-economic paradigm and sustainability.- The wars and conflicts in the global world shaping the new world order.- Between Derisking and Partnerships of Values. German Foreign Direct Investments in the Indo-Pacific region 2010-2022.- The Shaping the legal framework for digital mobility in a changing global economy.- The Role of Bilateral Investment Treaties (BITs) in Shaping Emerging Powers’ Soft Power Strategies within the New Global Order.- The Great Convergence, the Rebalancing of the World Economy, and the Rise of the Global South and the Other Processes.- Indo-Sino Shadows in Brazil’s Space Programme: Challenges and Benefits.- Return to the Era of Conscription? War and Militarization in the 21st Century.