Kategorie: Future of Globalisation

Knowledge Cooperation between Africa and Europe: The power of engagement and changing perspectives

By Allgemein, Future of Globalisation, , , ,

Photo: International practicioners of the Managing Global Governance Academy 2018 learning together

As humanity, we face many common challenges in the 2020s: climate change and its effects are at the core, resulting in demands for economic transformation geared towards more sustainability. Underlying are demographic changes, with the need to feed more people while maintaining the natural basis for our survival. Increased digitalisation, global health issues (this is not the first nor the last pandemic), and strong refugee and migration movements call for a united action to address these shared global challenges. Additionally, geopolitical changes bring new important actors onto the world scene.

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Biden’s Geo-Economics Forces De-Globalization

By Allgemein, Future of Globalisation, , ,

Photo: The White House in Washington

Under US President Joe Biden America continues to threaten the rules-based world economic order and is pushing the trend towards de-globalization. Although the new Biden administration rhetorically seeks more „values“ and the „community of democracies,“ the United States is still at its core seeking to protect its national interests with all its economic and military power.

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Europe shouldn’t underestimate the global appeal of China’s vaccine diplomacy

By Allgemein, Future of Globalisation, , , ,
Photo: COVID-19-Vaccine in front of the Chinese Flag

By: Marco Verch, Quelle: https://ccnull.de/foto/china-help-world-fight-coronavirus-with-new-vaccine/1018901

Western media coverage tends to downplay the success of China’s vaccine development and vaccine diplomacy, but Europe should not underestimate the appeal of Beijing’s offer. The failure of rich countries to address equitable global access to COVID-19 vaccines and the West’s absence from the vaccine diplomacy game has provided China with a reputational win.

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A more ambitious G20 for a sustainable post-pandemic recovery and transformation

By Allgemein, Future of Globalisation, , , ,

Photo: Stairs leading out of a dark wood into the light, Image by wen8707270 on Pixabay

The COVID-19 pandemic submerged the world for more than a year now, and global infection numbers are still rising. There are huge differences in the ability of governments and societies to cope with the pandemic: while Europe and the Americas remain epicentres of the disease, there are signs that infections are now also picking up across the African continent.

In an interesting turn-of-tide in discussion, the IMF calls for more public expenditure and higher taxation of the wealthy. The IMF states that economic recovery is possible in 2021 but dependent on both, access to vaccines and other medical interventions, and continuous effective policy support. Policy support needs to cushion the effects of the economic contraction, to decarbonize energy systems and economies, and for intensified multilateral cooperation to ensure universal access to vaccines and therapeutics and adequate financial liquidity of highly indebted countries.

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Rethinking cooperation with Africa

By Allgemein, Future of Globalisation, , ,

Photo of a chruch in Addis Abbeba

What could international cooperation look like that promotes economically, socially and environmentally sustainable development in the interests of the global common good? A few weeks ago, Andreas Freytag and Stefan Liebing argued here that modern cooperation with Africa had to be based on private-sector investment, market principles in project selection, and competition between partner countries for international investment. Paternalism in development policy should be replaced with principles of competition and the social market economy.…

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