National sovereignty is often described as the ability to govern on one’s own territory, but complete sovereignty has never existed in practice and there has always been cross-border trade and exchanges between local populations independent of state regulation. Climate change and global pandemics cross borders and challenge the ability of … Read more
Rules-based global economic governance is at unprecedented risk due to the US’s departure from multilateralism and global cooperation, its unilateral use of higher tariffs as threats to gain concessions from its trading partners, and its intensifying competition with China in pursuit of economic and technological supremacy. The US has unilaterally … Read more
The field of management of risks caused by globalization has been the fields where multilateral frameworks have been extensively used. But multilateralism also has its critics, while there are also challenges based on unilateralism. This paper clarifies what types of criticism and challenges are active concerning multilateralism so far on … Read more
Platforms now exist that allow large number of individuals to Register and accept work as self-employed workers. The self-employed in highincome countries are generally not subject to the provisions of Labor laws, and in many cases their social security benefits are inadequate. As a result, they are exposed to economic … Read more
National governments, even in the current phase of “hyper-globalization”, have important freedom of initiative in social and economic policy. The great variety of economic and social policies around the world, even among the most open economies, proves that the welfare state has not lost its original function of compensating citizens … Read more
Recently, populists and nationalist groups and governments have called into question the momentum gained by institutionalised global cooperation. In this Policy Brief we argue that inductive global governance is a bottom-up mode of organising global collective action that has been successful in addressing certain global challenges and should be reinforced. … Read more
Alessio Terzi argues for the creation of a revamped G8, within the G20, as a new global economic steering committee. Challenge During the 2008 financial crisis, the G20 was hastily elevated to ‘global economic steering committee’. In the early stages of the crisis, the G20 was an effective forum for … Read more
This session is curated by Colin Bradford, Fellow, Global Solutions Initiative. The confrontational narratives between the United States and China undermine opportunities and imperatives for constructive competition and collaboration.??They threaten to create a world divided into two blocs and to overwhelm global cooperation and multilateralism, at a crucial moment. ??The … Read more
Traditionally G20 and G7 policy making has focused exclusively on the pursuit of economic prosperity, assuming that social prosperity would develop alongside it. The past decades have shown that this is not the case: market economies routinely give rise to environmental degradation and social crises (driven by rising inequalities, falling … Read more
This session is curated by Dennis Görlich, Program Director, Global Solutions Initiative, and Program Manager, Socio-Economic Transformation, The New Institute. The COVID-19 pandemic was a major brake for economic and social development. Despite warnings that a pandemic may occur, the international community was largely unprepared when COVID first emerged in … Read more
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