The Emerging Dynamics of Global Politics

Prof. Dr. Tarık OĞUZLU
01 February 2014
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As we are entering a new year, the world is witnessing radical transformations in the nature of international politics. The first transformation to note in this regard is the gradual shift of power from the West to the East. This does not mean that western powers are losing their privileged positions in global politics, but they have had to share their prerogatives in many areas with other actors both state and non-state. Over the last decade it has become increasingly difficult for western powers to call the shots in global politics. As the actors with a capability to shape global politics has multiplied, the need to re-structure the existing global institutions has also become more acute than ever. The main international organizations, such as the United Nations, the International Monetary Fund, the World Bank etc., are in need of total restructuring to maintain their relevance in the twenty-first century. For those international platforms to maintain their legitimacy in the eyes of the international community, they need to reflect the emerging power realties within their institutional mechanisms. The G-8, the group of the most developed seven states plus Russia, is no longer able to determine the direction of global political and economic issues.

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