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B. G., Opalesque Geneva: In the 2020s, everything is geopolitical. It took a global pandemic, Russia's war on Ukraine, and heightened U.S.-China competition for the fact that the old era of globalisation is over to become undeniable, writes Jared Cohen, president of global affairs and co-head of the Office of Applied Innovation at Goldman Sachs, in an in-depth article published last week.
As the U.S. and China coexist, compete and confront each other to determine who will set the geopolitical rules, they will either court or thwart an emerging group of countries to gain an edge. This new class of influential nations are the geopolitical swing states of the 21st century.
The geopolitical swing states
In geopolitics, swing states have the agency to chart their own course on an issue-by-issue basis, and they may decide the future of the international balance of power.
Geopolitical swing states are relatively stable countries that have their own global agendas independent of Washington and Beijing, and the will and capabilities to turn those agendas into realities, according to Cohen. They are using their economic advantages more assertively to bolster their standing and influence. And they will often choose multi-alignment, a strategy that will make them critical forces in the world's next st...................... To view our full article Click here
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