Overview
The liberal international order, established in the aftermath of World War II, is facing unprecedented challenges from rising powers and shifting global dynamics. Multilateral institutions, such as the United Nations and the European Union, are being tested by nationalist and protectionist tendencies. The debate between proponents of a liberal international order and those advocating for a more multipolar world, facilitated by multilateral institutions, is heating up. According to a report by the Brookings Institution, 71% of experts believe that the liberal international order is under threat. Meanwhile, the Asian Infrastructure Investment Bank, established in 2015, has become a symbol of China's growing influence in global governance, with 102 member countries. As the world grapples with issues like climate change, economic inequality, and geopolitical tensions, the future of global governance hangs in the balance. The Vibe score for this topic is 80, indicating a high level of cultural energy and relevance. With the influence of key players like the US, China, and the EU, the controversy spectrum is highly contested, ranging from optimistic to pessimistic perspectives.