Why the World is Not Becoming Multipolar

... multipolarity. The two terms sound similar, but they differ in meaning. Multipolarity involves building a new world order on the basis of power, while multilateralism is based on interests. Multipolarity consolidates the privileges of leaders, while multilateralism creates additional opportunities for underachievers. A multipolar world is built from blocs that balance each other, while a multilateral world is built from complementary regimes. A multipolar world develops by periodically adjusting the balance of power, while a multilateral world develops by accumulating ...