This book analyses emerging trends and patterns in the 21st century world politics and re-examines international institutions, and the forms and practices of diplomacy. It addresses these changes from the perspectives of digital governance, setting up of new cooperation institutions such as the AIIB and the role of emerging powers in existing institutions like G20. Furthermore, it reflects on whether the existing institutions can be reformed or the new structures will be constructed in the way forward given the recent shift in world power. A case study of security fora in Asia in the current contested environment is also included in this book. The book chapters are selected from the papers presented at the 17th "Asia - Europe Think Tank Dialogue" in September 2015 and this dialogue is organized annually by the Konrad-Adenauer-Stiftung, Singapore.