Detailed Summary
After the Cold War’s bipolar structure ended in the 1990s, new political and economic structures began to challenge U.S. dominance on the world stage. The European Union (EU) and the Association of Southeast Asian Nations (ASEAN) have both emerged as important actors in global politics. This section highlights how the EU formed in response to the historical rivalries and economic devastation of World War II, advancing from economic to political integration, culminating in a powerful single market represented by the euro and a collective foreign policy.
In Asia, ASEAN represents an alternative regional organization prioritizing national sovereignty while promoting informal cooperation amongst its member states. This cooperation has transformed Southeast Asia into a market with some of the fastest-growing economies, working towards an ASEAN Community.
Moreover, the rise of China as an economic powerhouse demands examination. Since implementing economic reforms in 1978, China has rapidly grown to become a central player in world politics, challenging the established order and promoting its interests globally. This section serves as a foundational overview of emerging centers of power and their potential roles in future global dynamics.