Photo: Future of Globalisation

The section Future of Globalisation in this blog provides a platform for debates on current world economic issues, global power shifts and views on the roles of formal and informal global governance institutions. It is an initiative of the German Institute of Development and Sustainability (IDOS). The blog posts, appearing on every first and third Wednesday each month, are written by researchers from IDOS and our international partners, amongst them numerous prestigious think tanks from rising powers. In this blog, the authors of the contributions represent only their personal opinion. While aiming at cutting-edge research content, the blog intends to reach a broader audience of researchers, government officials and journalists. With this blog we carry on discussions that had initially been launched in 2016 as part of the Think20 process during the German G20 presidency. In 2018, we aim at continuing the debate about the role of the G20 broadening the focus of discussion to institutional and thematic matters of global economic governance.

If you are interested to contribute, get in touch with Axel Berger and Sven Grimm of the German Institute of Development and Sustainability (IDOS) via futureofglobalisation@idos-research.de.

The G7 Cornwall Summit – Glass half empty or half full?

Image: Coast of Cornwall

This year’s G7 summit concluded on 13 June with the release of a 25-page leaders’ communique containing 70 paragraphs.  And yet the summit has been criticised by global health and climate campaigners (including Gordon Brown, the UK’s former Prime Minister) for failing to rise to the unprecedented challenges the world now faces.  How fair is this criticism, and is there anything the UK summit hosts might have done differently to avoid it?

Supporting South-South cooperation: Three things the UN should keep in mind

Photo: UN Building USA

This week, the United Nations (UN) High-Level Committee on South-South Cooperation convenes in New York City, and virtually. For the first time in five years, member state representatives and UN officials gather in this setting to review and advise on how the UN system engages with South-South and triangular cooperation. This contribution discusses recent developments and suggests that delegates should encourage stakeholders to

  • be more explicit about what they mean by South-South cooperation;
  • carefully explore ways to expand UN engagement with triangular schemes; and
  • ask UN entities to focus more explicitly on what South-South stakeholders need and want.

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

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.

Biden’s Geo-Economics Forces De-Globalization

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.

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

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.