International relations are undergoing a fundamental shift. Whereas the world order was long characterised by clear power blocs – particularly since WWII – and relatively predictable rules, we are now moving towards a multipolar world. Multiple superpowers are exerting influence simultaneously, leading to increasing tensions, strategic uncertainty and economic instability. For businesses, this is a reality that has a direct impact on markets, supply chains and risks.
In a multipolar world order, certainties disappear. More than ever, states think in terms of power, national security and spheres of influence. Trade relations are being reviewed, strategic sectors are being protected, and economic cooperation is increasingly subordinated to geopolitical interests. This makes the international context more complex and less predictable than before.