This English translation is an abbreviated and edited version of Eun Joo Park et al., The Restructuring of the World Order and a New Korean Peninsula System (Seoul: Korea Institute for National Unification, December 2021). The analysis, comments, and opinions presented in this paper are those of the author and do not necessarily represent the views of the Korea Institute for National Unification.

1. Introduction
2. Exploring the World Order through International Relations Theories
3. New Issues that Lead the Change in the World Order
4. Major Powers’ Perspectives on, and Reactions to, the World Order
5. The World Order’s Influence on South Korea
6. A Proposal for the New Korean Peninsula System