Economic inequality “is an issue that had never appeared in a G-20 communiqué,” says Laura Carvalho, our director of economic and climate prosperity. Global South involvement in multilateral discussions is key to tackling injustice and inequality.
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Toward a New Global Compact: Beyond Capitalism and Socialism in the Face of Looming Crisis #World #Politics #Capitalism #Socialism #future #worldorder #people #stability #peace https://lnkd.in/e_XarCQF
Toward a New Global Compact: Beyond Capitalism and Socialism in the Face of Looming Crisis - thediplomaticaffairs.com
https://www.thediplomaticaffairs.com
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The Global South is a geopolitical fact rather than a geographical demarcation that accommodates the concerns of lower & middle-income nations. Our research assistant, Charuta Ghadyalpatil, explains the term's origins & continued appeal among countries seeking an equitable world order. #GlobalSouth #G77 #NonalignedMovement #G20 #GlobalNorth #globaldevelopment #UNreform #RussiaUkraineWar #economicreform #multilateralreform #globalgovernance #incomeinequality #economicgrowth #GHforeignpolicy #GHgeopolitics #GHanalysis
What exactly is the Global South? - Gateway House
gatewayhouse.in
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Today on #HorasisInsights: Bridging Divides: Fostering Global Collaboration for Positive Change 🔴 In an era marked by rapid technological advancements and interconnectedness, the traditional pillars of #cooperation, #multilateralism, and #diplomacy are facing severe strains. 🔴 Governments are prioritizing national interests over collective good; businesses chase profit before common good; while civil society is struggling to be heard above the din of polarization. 🔴 Isolationism threatens to exacerbate global challenges, leaving us without any answers to climate catastrophe, persistent poverty, and widening inequality. There is an urgent need for a paradigm shift — a move towards cross-sector, multi-stakeholder collaboration as the key to addressing pressing global issues. Read further on and let me know: https://lnkd.in/evJUiZpA ❓ do you agree with my proposed framework to bridge divides? ❓ how to foster global collaboration for positive change? #Horasis #inspiringourfuture https://lnkd.in/evJUiZpA
Bridging Divides: Fostering Global Collaboration for Positive Change - Horasis
https://horasis.org
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Corporations vs. Nations
The Battle for Your Brain: Nations vs Corporations
https://www.youtube.com/
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Some hard hitting stuff here and well worth a read. I spoke a little to this last week at the event for the launch of the Global #Diaspora Policy Alliance when I explored how there are now serious contests out there on the validity and viability of the UN system to meet the pace of change happening in the world outside the walls of the UN. People are watching and seeing an architecture of global cooperation wilt under the pressures of this change. As I said last week, that's not a criticism, it's a political and public reality. At the core of this, I explored, is power and I shared 3 areas that I think #diasporaengagement will both help the UN on the road ahead and global cohesion for security, peace, and economic opportunity for all. In no particular order, these were: 1. Diaspora and the Private Sector. 2. Diaspora #Philanthropy. 3. Diaspora #Diplomacy. I'll have new papers coming out on these in coming weeks as it is clear to me that our current framing of diaspora fails to imaginatively shape where the impact could come from within these terrains. Part of this imagining means shaking loose the restriction of mainly linking diaspora engagement with #internationaldevelopment. We need to think bigger and braver than this. Big few days and weeks ahead for UN.....the world is watching. Mess it up and the old mantra of "no one left behind" may end up applying to the very institutions working on it. Onwards.
UN chief urges leaders to fix global system for future
rte.ie
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Recent events in the United States underscore the critical need for effective global leadership amidst escalating polarization and uncertainty. The US, historically seen as a beacon of democracy and strength, now grapples with internal divisions that threaten its ability to lead effectively on the world stage. The recent presidential debate has starkly highlighted these issues, portraying a political landscape overshadowed by rhetoric that fails to address the pressing global challenges we collectively face. As we contemplate the implications, it becomes clear that no single nation can bear the burden of global leadership alone. The United Nations, with its foundational principles of unity and cooperation, offers a framework through which global issues such as climate change, poverty, and international peace can be addressed collaboratively. However, meaningful reforms are needed to empower the UN to play a more central role in global governance, ensuring that decisions are inclusive and reflective of diverse global perspectives. Moreover, the urgency of these challenges demands a paradigm shift in how we approach global cooperation. We must move beyond national interests and embrace a shared responsibility for our planet's future. Just as hypothetical alien invasion scenarios in popular culture unite humanity against a common threat, so too must we unite against the existential threats posed by climate change and global instability. For Pakistan, as for all nations, this moment demands leadership that transcends self-interest and prioritizes collective well-being. By demonstrating commitment to international cooperation and sustainable development, Pakistan can set a positive example for others to follow. Ultimately, the current turmoil in US politics serves as a stark reminder of the need for visionary leadership and global solidarity. We must seize this moment to redefine global governance, ensuring that it reflects our shared values and aspirations for a peaceful, sustainable future. #GlobalLeadership #UnitedNations #ClimateAction #USElections2024 #UnitedStates #InternationalCooperation
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A quick political overview of today's world. #Firstly, how to deal with #climatechange without losing citizens' #consensus? Green transition requires careful management of the distributional effects from environmental measures. One of the main problems is that green measures tend to generate significant costs for citizens today, while benefits tend to manifest themselves only at a later time. So, even if people agree with the idea of a green transition, this misalignment generates political discontent. #Bocconi Professor, Livio Di Lonardo, demonstrated this theory by analyzing the impact generated by the Area B low-emission zone of Milan. Citizens directly affected by the traffic restriction policy were more likely to vote for Lega. Those who had received some form of compensation from the municipality did not demonstrate the same level of political dissent. #Secondly, will the US and China manage to escape the Thucydides’ trap? They are already engaged in a trade war that could escalate into military conflict, challenging the global order that has been in place since the end of WWII. Sparta and Athens first fell into that trap; whether the US and China will follow a different fate remains an open question. For sure, #geopolitical #polarization is leading to the friendshoring of supply chains, stagflation and reduced global growth potential, leaving four regions (Central and Eastern Europe, the Middle East, Latin America, and Africa) vulnerable to becoming terrain for proxy wars. What about the economic consequences? The growth potential of any economic activity is severely diminished, and when potential growth is lower and price inflation is higher, we end up living in a world that is inherently stagflationary. #Thirdly, populism movements are growing, and “by leveraging the idea of a ‘majority’ under the spell of elites deemed corrupt, populist parties tend to deny pluralism," says Bocconi Professor, Justin Orlando Frosini. Each populist party interacts in its own way. However, different variants of populism share common elements. From a comparative perspective, this translates into a common trend towards the #centralization of #power. #Finally, we shouldn't forget the complexity of the Middle East and North Africa regions, focusing on economic disparities, social issues, and women's rights. It contrasts countries like Qatar and Yemen, showcasing extremes in GDP per capita and societal conditions. Researcher Farian Sabahi, discusses women's rights initiatives in Yemen post-Arab Spring, contrasting them with the situation in Iran and Afghanistan. The role of religion, particularly Islam, is emphasized, noting its various interpretations and impact on human rights. The need for a multidisciplinary approach to understanding the region, along with support for education and opportunities for women, is underscored. Read online the #BocconiMagazine's abstract (https://lnkd.in/ek83eRmW)
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The book "Regionalism versus Multilateralism: The Organization of American States in a Global Changing Environment" (2000), written by Christopher R. Thomas and Juliana T. Magloire, analyzes the evolution and relevance of the OAS in the context of global and hemispheric changes. Divided into three parts, the authors explore the history, challenges, and future prospects of the organization. The work begins by exploring the foundational objectives of the OAS, highlighting its origins as a promoter of Pan-Americanism and cooperation among member states. The authors detail how historical circumstances, such as decolonization and the Cold War, influenced its initial mission of hemispheric peace and security. In the second part, the book examines how the OAS has adapted to contemporary changes. The organization has faced challenges such as the rise of subregionalism (MERCOSUR, CARICOM) and the need for dynamism and flexibility to address complex problems like poverty, inequality, and democratic consolidation in the region. Here, regionalism emerges as a key tool for strengthening cooperation in a globalized world. In the final section, the authors discuss the OAS's future challenges, emphasizing the need to modernize its structures to confront global threats such as drug trafficking, terrorism, and corruption. The OAS must continue to promote democracy and human rights, adapting to the changing needs of its member states and assuming a more active role in global governance. The book argues that the OAS must continue to evolve and adapt to remain relevant, balancing regionalism and multilateralism in an increasingly interconnected world. The key to its future lies in its ability to be flexible and proactive in the face of the political, economic, and social challenges of the 21st century.
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UN nations endorse a ‘Pact of the Future,’ and the body’s leader says it must be more than talk - https://lnkd.in/dsqUKK49 - UNITED NATIONS — The U.N. General Assembly approved a blueprint Sunday to bring the world’s increasingly divided nations together to tackle 21st-century challenges from climate change and artificial intelligence to escalating conflicts and increasing inequality and poverty. The 42-page “Pact of the Future” challenges leaders of the 193 U.N. member nations to turn promises into […]
UN nations endorse a ‘Pact of the Future,’ and the body’s leader says it must be more than talk
breakertimes.com
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South Africa takes up the G20 Presidency this December under the theme: ‘Solidarity, Equality and Sustainable Development’, and with a strong focus on Africa's economic priorities: https://lnkd.in/dgubNDg3 #G20
Address by President Cyril Ramaphosa at the G20 High Level Opening Session
presidency.gov.za
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1moIt's incredible—and that's not all. Brazil has also included an unprecedented multilateral information integrity initiative focused on climate, which has already brought other countries together. It is leading by example.