Back to Books

The Triangle of Power: Rebalancing the New World Order

by Alexander Stubb·2026

The liberal world order that emerged after World War II—and expanded triumphantly following the Cold War—is unraveling. Multilateral cooperation is giving way to multipolar rivalry and conflict. Global norms are eroding. What comes next will define the rest of the century, so the search is on for a new global framework—a rebalancing of power. In The Triangle of Power, Finnish President Alexander Stubb argues that we are living through a hinge moment in history, akin to 1918, 1945, or 1989. A new international system is taking shape, driven by three major forces: the Global West, the Global East, and the Global South. At the center is the escalating competition between the United States and China, as both try to forge bilateral deals and regional alliances, but it is the Global South that will ultimately determine whether the future tilts toward cooperation or fragmentation. Drawing on decades at the front lines of diplomacy and blending personal insight with political and academic experience, Stubb delivers a passionate call for values-based realism and dignified foreign policy—and warns that unless the West learns to listen, it will lose its place in the world it once built.

IAW Analytical Framework

Categories that explain how this book contributes to International Affairs Watch analysis.

Analytical axes

  • Institutions and GovernanceMultilateral institutions, global governance and cooperation.

Scope

Global

Analysis area

Global Order & Power Transitions