Economics
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Alexander Stubb

Rebalancing the New World Order

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The Triangle of Power examines the interconnected dynamics of politics, economics, and geography. Alexander Stubb provides a strategic lens to understand how these elements influence global power structures and shape international relations.

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The Triangle of Power
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How power learned to behave

For most of history, large empires offered societies something they instinctively seek: order. Beginning with the long reign of the Roman Empire and China’s Qing realms, these systems created shared rules that organized people, territory, and authority. They were never permanent, and often brutal, but they brought coherence. Order, in this sense, has always been about stability – about arranging power so everyday life doesn’t tip into chaos.

That idea eventually expanded to a global scale. The principles of sovereignty and statehood were formalized through the Peace of Westphalia, a series of treaties in the seventeenth century that anchored world politics in the idea of legally equal states. Trade, culture, and economics mattered, but states remained the load-bearing beams of the system.

That structure felt especially solid during the Cold War. Power was divided between two ideological camps, each with its own allies, rules, and limits. When the standoff ended, the sense of order lingered. One Western superpower stood at the center, and many assumed the system had reached a stable destination.

But following the demise of the Soviet Union, the 1990s brought violent fragmentation in Europe. Western values didn’t fit well, especially when forced upon people who didn’t feel like they had a say in the matter. Russia’s failed transition, and the difficult expansion of the European Union and NATO, added up to a lot of disorder and instability, which laid the seeds for today’s authoritarianism.

Then came the early 2000s, when, after 9/11, Western governments elevated security and attempted to shape outcomes through force. Western credibility took a dive, and the balance of power began to spread. Emerging economies began to demand influence in bodies such as the World Trade Organization.

Western authority weakened again with the Iraq War and the 2008 financial crisis. After that, the West became more permissive about rule-breaking abroad. By the 2010s, confidence in democracy, capitalism, and globalization was visibly thinning. Populism surged, Brexit weakened Britain’s role while China advanced with patience and long-term thinking.

The shocks of the 2020s – pandemic, economic strain, and Russia’s full-scale invasion of Ukraine – made the breakdown unmistakable. The old era had ended, but the next one had yet to take shape. We now live in an unsettled in-between marked by fractured authority and shifting alliances.

Countries such as India embody this moment. Dynamic and democratic, yet underrepresented, India is pressing for a larger role in forums like the United Nations Security Council, the BRICS, and the G20. How rising powers align will shape the values and rules that follow.

What lies ahead looks more and more like a flexible, regionalized system built on shifting interests and practical cooperation. Understanding how order unraveled is the first step toward shaping whatever comes next.

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What is The Triangle of Power about?

The Triangle of Power (2026) asks an important question: who actually decides how the world is run now that the old rules no longer hold. Drawing on wars, trade shocks, and shifting alliances, Alexander Stubb maps a world pulled between the Global West, the Global East, and a rising Global South with more leverage than ever before. It explains what’s breaking, what still works, and what kind of order might realistically come next.

Who should read The Triangle of Power?

  • Anyone interested in a coherent narrative explaining the current geopolitical climate
  • Lifelong learners curious about international relations
  • Policy wonks and global investors concerned about the future
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About the author

Alexander Stubb is a statesman, academic, and former prime minister who currently serves as president of Finland. Over more than three decades, he has worked at the highest levels of European and international politics, including roles in the European Parliament, Finland’s Ministry for Foreign Affairs, and global crisis diplomacy. Known for blending policy experience with scholarly insight, he focuses on geopolitics, multilateral institutions, and the future of the international order.

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