The end of the Cold War has led to an era of strategic uncertainty. Numerous small wars and insurgencies have erupted. While conventional war as an instrument of foreign policy has becoming increasingly unviable, sub-conventional conflict and armed violence have become more prevalent. It is evident that globalisation and change would be the order of the 21st century. Trade and economics of international finance have made nations interdependent in A free-market and export oriented world.
Technology continues to be the engine of change and is slowly becoming the currency of power.
Revolution in information technology has touched every field of human endeavour. Rising population and depleting energy resources is giving rise to the emergence of new areas of focus of strategic power play. Fossil fuels will continue to play an important role in any future energy scenario. Nuclear energy potential is also the subject of intense research. For the foreseeable future, much of the movement of energy resources would be on the sea.