THEORIES OF WORLD ORDER TRANSITION AND THE CURRENT PHASE OF WORLD POLITICS

The present article first reviews three schools of research on order transition in the world political system, namely the hegemony theory school, the power transition theory school, and the interconnected region orders argument of the region studies school. Second, the article selects the hegemony theory as the one better suited to grasping the complexity of the current movement from the de-legitimised American hegemonic order to the future unknown one. The analysis traces the progress of the contemporary world order and politics from the Second World War to the present time edging on moving towards the new world order. The concluding remarks spot notable issues of the study of the incoming order transition.