No one can know the future. China and Russia—who are currently challenging, albeit in different ways, the Western liberal order—face difficulties at home and could become inward-focused and disengaged. Nonetheless, almost thirty years after the end of the Cold War, geopolitics looks like it is poised for another turn of the wheel that may not be as favorable to Western interests.

This paper examines both the possible scenarios for how the emerging multipolar world order could evolve and transatlantic options. It makes the case that, depending on how the West plays its cards, traditional Western values could end up enduring even if an exclusively Western-led order does not.