Dhaka, Oct. 13 -- 21st-century world politics is moving towards a time where the dominance of a single power is gradually collapsing, and a multidimensional balance of power is emerging anew.

After the end of the Cold War and the collapse of the Soviet Union in 1989, the United States became the world's sole superpower-the centre of a unipolar world.

At that time, the influence of the United States in the world's economy, security, and international policymaking was omnipresent. From Europe to Asia, from Africa to Latin America, the influence of the United States was the main driving force in politics and economics. But history never stands still.

Over time, that unipolar world is gradually breaking down and is developing into a new mu...