The future of global power is likely to include more South-to-South development strategies, new issues in territory and sovereignty, and the potential for the collapse of states.
For example, imagine a world with a strong China reshaping Asia; India confidently extending its reach from Africa to Indonesia; Islam spreading its influence; a Europe replete with crises of legitimacy; sovereign city-states holding wealth and driving innovation; and private mercenary armies, religious radicals and humanitarian bodies playing by their own rules as they compete for hearts, minds and wallets.
It sounds familiar today. But it was just as true slightly less than a millennium ago, suggesting to the FT that we could be entering the "New Middle Ages".