Multipolar World Order: Deglobalised Economy

The paper examines the problem of the world economy’s movement toward a multipolar order, which has been repeatedly advocated by Russian officials, and this process is inherently characterised by the deglobalisation of the economy and governance, taking place in opposition to the previously initiated process of globalisation, with the clear dominance of the Anglo-Saxon group of countries. The purpose of the study is to demonstrate the complexities and limitations of the process of building a multipolar world order, which arise due to the fact that economic power determines political opportunities (power) in international affairs. The methodology of this article is based on the theory of development poles and the process of “globalisation-deglobalisation” of the world economic system. Based on these approaches, deglobalisation models are proposed, its main characteristics as a process are highlighted, and the principles of uni- and multipolar models of world development are introduced. It is shown that the current situation in the world system is far from a multipolar world order, where political decisions and centres of power are multiple and coordinate positions. Currently, a struggle is underway to preserve a unipolar world order. The “compromise” model, which is unstable according to objective characteristics, is not the most likely today, although it is a positive step and a way out of the existing confrontational (force) model of development. Despite the fact that the world order is not yet built on the principles of coordinated development and unanimity, nevertheless, some manifestations of sovereignty and independence, as well as an exit from the dependence regime, are already visible in the economy. Large-scale sanctions contribute to this process. For Russia, following the doctrine of “coordinated development” and the principle of unanimous adoption of strategic decisions, on which the UN Security Council operates, are a form of preserving sovereignty and ensuring the multipolarity of the world system. Consequently, this policy in the international arena should be strengthened, disseminated, and enshrined in relevant documents at various levels.

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