The current indicators suggest that we are witnessing a transitional phase in the structure of the international system—one characterized by a multiplicity of power centers, though not yet a fully realized multipolar order. The economic rise of China, the military resurgence of Russia, and the growing influence of blocs such as BRICS reflect a gradual erosion of U.S. unipolar dominance. Nevertheless, the United States still retains qualitative superiority in military, technological, and financial domains, rendering this shift more of a rebalancing than a structural replacement. Therefore, talk of a truly multipolar world may be premature, especially in the absence of new institutional frameworks to regulate this plurality and prevent a descent into power-based conflict.

The global order appears to be moving toward multipolarity with the rise of China, India, and regional powers, but U.S. dominance remains resilient due to military strength, financial institutions, and alliances—suggesting a transitional era where American power is challenged but not fully displaced.