The structural challenges to neoliberalism are weakening global growth, the power shift from the West to the rest and climate change.
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In line with its multidimensional foreign policy line in recent years, Ankara adopted an attitude of proactive engagement with major regional institutional organizations such as the Arab League, Association of Southeast Asian Nations (ASEAN), Southern Common Market (Mercosur) and the African Union.
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The austerity program imposed on Greece as a solution to its deep economic crisis has transformed into a threat to the entire eurozone.
As the Middle East continues to be dominated by age-old rivalries, unresolved conflicts and protracted ethno-sectarian traumas, the epicenter of global hegemonic competition has shifted to the Asia-Pacific, where China and the U.S. are involved in a multipronged struggle for political, economic and geostrategic domination.