During a lecture at the Stockholm School of Economics, President Tharman Shanmugaratnam emphasized the vital role of countries like Singapore and Sweden in bridging geopolitical divides as the world faces potential fragmentation and an uncertain multipolar future.
- Global order is shifting from unipolar to multipolar but remains unstable.
- Bridge-builders facilitate cooperation on trade, climate, and technology.
- Countries like Singapore and Sweden lead efforts to unite diverse regions.
What happened
President Tharman Shanmugaratnam delivered a lecture at the Stockholm School of Economics during his state visit to Sweden, focusing on the evolving nature of global power dynamics. He warned that the world is yet to settle into a coherent multipolar system and may instead move towards increased rivalry, economic fragmentation, and competing blocs.
Highlighting the rise of geopolitical challenges, including trade weaponisation and growing suspicion among nations, Mr Tharman stressed the need for countries capable of acting as connectors or 'bridge-builders.' These nations, including Singapore and Sweden, can help maintain essential international networks and foster cooperation amidst a fragmented global landscape.
Why it feels good
The emphasis on bridge-builders offers a hopeful narrative that global cooperation is still achievable despite competing interests. By facilitating dialogue and collaboration, these countries help prevent escalation of conflicts and promote shared solutions for universal problems such as climate change and pandemic preparedness.
Recognizing the historic and ongoing contributions of nations like Sweden and Singapore reassures people that leadership can come from diverse actors beyond dominant powers. It underscores the potential for smaller or medium-sized countries to make a meaningful impact in guiding the world towards unity and reform.
What to enjoy or watch next
Watch for initiatives led by bridge-builder nations that aim to connect regions such as ASEAN and the European Union or to strengthen multilateral coalitions on global issues. These efforts are likely to influence future diplomatic and economic arrangements, balancing interests of both the Global North and South.
Keep an eye on how reforms in international institutions evolve, especially those addressing decision-making processes. Bridge-builders could pave the way for more effective and inclusive governance that adapts to the realities of a multipolar world and the critical roles of the US and China in global affairs.