Business Standard

Three major reasons why the old world order isn't about to collapse

China thinks it will be able to replace the post-1945 system, but history shows that is not going to happen.

Ukrainian firefighters extinguish a blaze at a warehouse after a bombing in Kyiv, Ukraine, Thursday, March 17, 2022. (AP Photo/Vadim Ghirda)
Premium

Ukrainian firefighters extinguish a blaze at a warehouse after a bombing in Kyiv, Ukraine, Thursday, March 17, 2022. (AP Photo/Vadim Ghirda)

T C A Srinivasa-Raghavan
“Reports of my death have been vastly exaggerated”, said Mark Twain more than a hundred years ago. 

I am reminded of it because ever since the West started the sanctions on Russia there has been a torrent of articles predicting the collapse of the post Second World War international order devised and supervised by the West led by the US. The argument goes that the sanctions are causing a lot of collateral damage which will weaken Pax Americana as countries question the US decisions that hurt them. 

This presumes that the Americans haven’t thought it all through. Really? And is
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in