Bangladesh, Aug. 10 -- For more than three decades, the international system has been undergoing a profound structural transformation.

The collapse of the Soviet Union in 1991 produced the "unipolar moment", a period in which the United States possessed an extraordinary concentration of military, economic, technological and diplomatic power.

Washington emerged not merely as the strongest state but as the principal architect and guarantor of the post-Cold War international order.

The world now is moving toward a New Political Order characterized by the diffusion of economic and technological power, the rise of China and India, the resurgence of Russia, the strategic significance of additional nuclear powers, the growing autonomy of mid...