... the local or global level, i.e. in one way or another they are trying to achieve its revision.
In general, the question of the Global South’s significance in world affairs is revisionist in nature, since it consists of revising and correcting the rules ... ... victorious, while revolutionaries receive posthumous laurels, and permanent powers survive but lose. The Thirty Years’ War in Europe was won by France and Sweden, which did not seek to destroy their opponents, but only wanted to limit their power in their ...
... Union (South Africa), MERCOSUR (Brazil), SCO (China)[4]. Such an undertaking is facilitated by the fact that the African Union already has a number of partnerships built with these regional groupings, including a Memorandum of Understanding with the Eurasian Economic Union and the initiation of trade and cooperation talks between MERCOSUR and the AU in 2021[5]. In this respect, it is important to note that the African Union and Africa as a continent have been among the leaders in the Global South in coordinating cooperation among the numerous regional organizations and regional integration blocks.
Creating a regional platform within the BRICS+ circle would strengthen the AU’s position in leading a similar effort within the G20 when ...
... no reason why it should exercise exclusive representation of all the regional organizations in the global economy. In fact, the African Union attained crucial advances in regional economic integration in the past several years and can represent the Global South as a regional forum in the G20 just like the EU may be the regional representative of the Global North.
In the longer term, the issue of the inclusivity of the G20 grouping could be addressed by the member developing economies that will chair the G20 in the coming 3 years. In fact, in the course ...
... the standards across regional development banks on the implementation of such projects may enhance the prospects of meeting the ambitious environmental goals in leading developed economies and in advancing the green agenda across the economies of the Global South.
The emergence of new projects with a global reach launched by the world’s leading economies also raises the role of regional development institutions in ensuring greater connectivity among such projects. In particular, the EU’s Global Gateway, the B3W created by the G7 countries as well as China’s Belt and Road Initiative are all focused on building infrastructural connectivity on the international arena with a critical role ascribed to regional and national development ...
... tremendous opportunity terrain for the Global South to advance new and varied forms of partnerships – thus far largely unexplored. While it may seem to be a safer option to always follow in the footsteps of the such advanced regional leaders as the EU in building the regional projects for the developing nations, one needs to remember that “imitation is always sub-par compared to the original”. Creating a network of regional partnerships across the Global South allows the developing world to finally aspire to lead the global community rather than to follow in the footsteps of the developed economies.
Importantly, the Western regional institutions are actively pursuing the path of cooperation among ...
... against China, while the initiations in trade disputes and restrictions were led by the developed economies such as the US and the EU.
Large economies also tend to have significantly more allocations towards defence compared to small economies. Hard power tends ... ... are members provides for smaller emerging markets to deliver their contribution to the process of economic integration in the Global South.
Source:
Valdai. Discussion club
... We will support smart investments in quality infrastructure, respecting the highest social and environmental standards, in line with the EU’s democratic values and international norms and standards. The Global Gateway Strategy is a template for how Europe can build more resilient connections with the world.”
Across the Global South only China has a globalization vision of similar ambition, namely the Belt and Road Initiative, with infrastructure projects launched across several continents. Nonetheless, the BRI is arguably not fully on par in scope with the recent initiatives ...
