IDEAS home Printed from https://ideas.repec.org/a/taf/rsocec/v83y2025i1p59-78.html
   My bibliography  Save this article

Multipolarity and the New South–South relations: myth vs. reality

Author

Listed:
  • Omar Dahi
  • Firat Demir

Abstract

A consensus is emerging among academics regarding the rise of a multipolar world order, defined by the diminishing hegemony of Western powers and the growing power and influence of nations in the Global South. However, consensus on the extent of multipolarity, its metrics, and its implications remains elusive. In this paper, we examine the ‘New South–South relations’ to highlight the growing significance of trade, finance, and cooperation among Southern nations, driven by neoliberal globalization and the rise of emerging powers like China. This phenomenon has created both opportunities and disparities within the Global South, intensifying debates on neo-colonialism, dependency, and development. Using the ‘semi-periphery’ framework, the article examines these shifts, exploring trends in trade, finance, and security, alongside power competition between the US, China, and middle powers, ultimately questioning the stability of the evolving global hierarchy and the limits of the rise of the South.

Suggested Citation

  • Omar Dahi & Firat Demir, 2025. "Multipolarity and the New South–South relations: myth vs. reality," Review of Social Economy, Taylor & Francis Journals, vol. 83(1), pages 59-78, January.
    • Handle: RePEc:taf:rsocec:v:83:y:2025:i:1:p:59-78
    DOI: 10.1080/00346764.2025.2461074
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/00346764.2025.2461074
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/00346764.2025.2461074?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:rsocec:v:83:y:2025:i:1:p:59-78. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RRSE20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.