Ten Reasons Why 2024 Marks an Inflexion Point Upending the Global Order

Abstract

After World War II, the world had enjoyed a period of relative prosperity and stability. America’s global dominance, military, financial, economic, technological, and ideological, maintained an America-centric “liberal world order”, supported by various US-led global institutions and the mighty dollar. Nevertheless, as pointed out by scholars, the order is “never wholly liberal, truly international, or entirely orderly”.