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Small trading economies in a multipolar world: risks, opportunities, and strategic responses
The global system is shifting toward a multipolar world, where economic and political influence is distributed among several major centres of power such as the United States, China, the European Union, India, and other emerging regional actors. For small trading economies, this shift is highly consequential.
Unlike large countries that can shape global rules, smaller states must adapt to a landscape characterised by competing alliances, shifting trade blocs, and increasing
Feb 85 min read
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