Restructuring the International Economic Order under Multipolarity A Study on the Future of International Economic Relations over the Next Decade

Abstract

This study has examined the restructuring of the international economic system under multipolarity as one of the most significant transformations in the contemporary global economy and its implications for the future of International Economic Relations over the next decade. The study has assumed that the decline of unipolarity, the rise of emerging economic powers, and rapid technological, monetary, and financial changes have contributed to the redistribution of global economic power and the reshaping of international interactions. The research has employed descriptive-analytical, historical, comparative, inductive, and foresight approaches. It has analyzed the theoretical framework of the international economic system, the major shifts in trade, investment, finance, and the digital economy, and has explored possible future scenarios, including stable multipolarity, economic conflict, and competing blocs. The study has concluded that the global economy has been moving toward a more competitive and multipolar order. It has also found that developing countries, including Iraq, have been able to improve their international position through economic diversification, institutional reform, technological development, and balanced external partnerships.