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While the title of the conference might be somewhat provoking, the fact is that we are living in a rapidly changing environment. The collapse of the Soviet Union has created a completely new geopolitical reality – a unipolar world, dominated by the United States on every global level. However, since that time new global powers have emerged – or returned to the global politics. Rapidly developing China and India, the ASEAN bloc, Russia, emerging from the ground after the great collapse, Brazil, trying to become the major power in South-America – all of them would like to get a piece of cake, would like to get a share from the power games. Most of them question the existing international structures, which are either dominated by the United States, or don’t provide real decision-making power for these new emerging powers. The conference will try to find answers to the following questions: can we still speak about unipolar world? May we see the return of the bipolar world (with new setup), or are we experiencing the creation of a multipolar world? Will the emerging powers accept the existing structures, or is the complete reform of the system inevitable? More than 100 high officials, scholars and experts, diplomats, guests from Europe and Hungary will be invited to attend the conference. We are planning to have 3 panels: 1. Role of the international institutions 2. Role of the European Union in the changing world order 3. China and the rise of Asia.