Rules-Based International Order

The failures of the interwar period made the case for a new international system

After World War I, countries devalued their currencies, raised tariffs to block imports, and seized territory unchecked, with the international community unable to organize effectively to stop them. The result was a global depression and, eventually, another world war.

Many years ago, the US dollar became the world's primary reserve currency

In 1944, 44 nations gathered in Bretton Woods, New Hampshire, to rebuild the global economy. The result? The US dollar became the world’s reserve currency, backed by gold.

How Stalin, Roosevelt, and Churchill shaped the postwar world

The Yalta Conference was a pivotal 1945 meeting between Allied leaders that helped shape the postwar global order and laid the groundwork for the founding of the United Nations.

The League of Nations was the predecessor to the UN—and the US never joined

The League of Nations—established in 1920 after World War I—was the first global organization aimed at maintaining world peace. Although US President Woodrow Wilson championed its creation, the United States never joined.

The United Nations was founded in San Francisco in 1945

The 1945 San Francisco Conference brought together delegates from 50 nations to draft the United Nations Charter, laying the foundation for the UN. This archival footage from the UN captures the event's atmosphere, showcasing firsthand reactions and the global hope for peace after World War II.

The world is shifting from unipolarity toward a multipolar order

The post-Cold War world was briefly unipolar after 1991, with the US standing alone as a global superpower following decades of US-Soviet bipolarity. Analysts increasingly describe today's order as multipolar, with China, Russia, the US, and regional powers all competing for influence.

Relationships between countries have become more peaceful since the rules-based order was established

Our World in Data monitors bilateral relationships on a spectrum from open rivalry to "positive peace"—deep cooperation and mutual protection. In 1945, no countries had highly cooperative security relationships. Today, nearly a fifth do.

The formation of the UN elevated the US on the world stage

This podcast episode of "To the Best of My Ability" from the National WWII Museum goes behind the scenes of the United Nations' founding from the American perspective. It explores how FDR's vision for global peace took shape, how Truman carried it forward, and how Eleanor Roosevelt helped define human rights—set against the backdrop of wartime diplomacy, Cold War tensions, and the San Francisco Conference, where the UN Charter was signed.

Russia's invasion of Ukraine accelerated fractures in the rules-based international order

This piece examines how the Ukraine conflict intensified underlying divisions in the global order—between Western democracies and the Global South, and between rule-of-law norms and great-power politics.

Global trade volume is roughly 45 times what it was when the General Agreement on Tariffs and Trade was founded

Since 1950, world trade values have grown nearly 410 times, mainly due to the successive tariff reductions negotiated under GATT and the WTO.