Rising Importance of Middle Powers Amidst Global Disorder
Jump to 0:34At the Davos Forum, former Governor of the Bank of Canada, Mark Carney, noted that the global order is fragmenting, emphasizing that the role of middle powers has become more crucial than ever. Middle Power, a concept devised by diplomats during the Cold War, was historically based on geopolitical location or military strength, but has now transformed into the ability to control bottlenecks in specific sectors. This shift suggests an increasing role for countries other than great powers amidst the restructuring of the world order.


