Geopolitical concerns have taken centre stage pushing back concerns about climate change. There is the nuclear threat in the Korean peninsula, the threat of deepening trade wars between the USA and China and threats over digital warfare and fake news of all kinds.
Kategorie: Future of Globalisation
Future of Globalisation provides a platform for debates on current world economic issues, global power shifts and the roles of formal and informal global governance institutions and relevant networks.
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Post Katowice COP 24 – need to go beyond “Business as Usual” to accelerate zero-carbon electricity generation
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How to frame South-South Cooperation? Challenges of the upcoming 2nd UN Conference on South-South Cooperation
In 2015, world leaders set up the most ambitious agendas: the 2030 Agenda and the Paris agreement on climate change. These agendas included commitments to eradicate hunger, and to fight poverty and inequality, leaving no one behind. They also included voluntary obligations to reduce emissions and to adopt serious measures for mitigating and promoting adaptation to the impact of climate change.
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The disputed status of developing countries in the WTO
File source: http://commons.wikimedia.org/wiki/File:Geneva_Ministerial_Conference_18-20_May_1998_(9305956531).jpg
Currently, the US and China are fiercely discussing about the role of developing countries in the World Trade Organization (WTO). At the heart of the discussion is the question whether rising powers like China should benefit from special rights in the WTO. (mehr …)
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Trust in the Internet: The Economic Dimension of Cybersecurity
Cybersecurity was a prime topic at this year’s Munich Security Conference. If, for instance, the cloud service provider AWS with its 42% market share was successfully attacked, it would take down large parts of the Internet, with impacts worse than kinetic warfare by some measures.
Overall economic losses from cyberattacks are estimated at 600bn $, or 1% of global GDP, with sharp growth rates as all parts of the economy are moving online. Still, these figures reflect just the tip of the iceberg. Many potentials for digital value creation cannot be realized due to lack of trust. Germans, for instance, feel queasy about online banking: Only half of Germans trust the security of digital transactions, stifling uptake of new fintech business models.
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