Mark Carney’s Theory of International Order

How do we sustain international order when the very powers that built it begin to unravel it? In Davos, Mark

Theorising Disorder | Mark Carney delivers an address at the World Economic Forum Annual Meeting in Davos, 21 January 2026. | Image Courtesy: World Economic Forum (CC BY 4.0)

Audio Option is available to paid subscribers. Upgrade your plan

Audio version only for premium members

Mark Carney’s speech at the World Economic Forum in Davos articulated a distinctly Canadian reading of the crisis of contemporary international order. But its critique of the great powers’ ways of running the world has drawn wide attention, including praise in Western countries for standing up to American bullying and jibes from non-Western quarters for treating American coercion as a terrible new thing, whereas the non-West had been experiencing it for decades.

While the speech was a political act, it contains ideas and references that belong to the academic study of international relations. It refers to the Melian Dialogue—about which I have previously written in this column—and betrays knowledge of the hegemonic stability theory (the idea that the international system is most stable when it has a single dominant great power, the hegemon). It offers a new concept in foreign policy—“variable geometry”—even as it weighs in on the meanings of strategic autonomy and sovereignty, besides discussing a realism based on values.

' This article is only available to subscribers of India's World. Already a subscriber? Log in

Subscribe to India’s World to read more.

Login or Register To Unlock The Content!

Latest Stories

Related Analysis