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#Australia

The Shifting Balance of Power and the Rise of Minilateralism: The Indo-Pacific and Beyond

Until recently, multilateralism formed the backbone of the post-war rule-based international order. However, multilateral organizations such as the United Nations have increasingly struggled to effectively address regional and global challenges. Dissatisfaction with the existing institutional framework, coupled with the intensifying superpower competition between China and the US, have instead brought about a worldwide rise in new minilitaral agreements.