Jeffrey Sachs, director of the Center for Sustainable Development at Columbia University, emphasized at the Center for China and Globalization Global Dialogue that the world is facing simultaneous, deep disruptions – shifting geopolitical power toward Asia, and causing a collapse of effective governance in the West. He declared that "the era of Western-led global order is over" and noted China's stable, long-term governance as a rare source of predictability. He also described the US government as "dysfunctional" and "incapacitated."