... extracting additional handouts from each of them. However, such gains, if they were to materialize, would still be outweighed by losses for the global economy impacting everybody.
The paradox of today is that the world desperately needs a higher level of global governance, but the current geopolitical trends push the world in the opposite direction. The exact costs of this movement depend on many independent variables, in particular, on how long the Russia-West conflict may last for and on how comprehensive and radical the US-China strategic decoupling is going to be.
In any case, in 2035 we should be ready to confront a world with lower economic growth, less social cohesion, more explicit and more damaging ...
...
We are faced with a similar situation when it comes to regional security frameworks. The UN has been unable to control and regulate the activities of regional actors and structures, say, in the Euro-Atlantic zone, in the same way NATO or the former Western European Union can do. Did the organization function as a counterweight in the process of the Alliance’s hasty expansion towards the borders of the nuclear superpower Russia, thus contributing to international stability and implementation of ...
... center was to restore trust among the main actors of world economy and global politics.
Then, the trust of whom and to whom exactly was it supposed to be about in Rome? First, it could be about restoring confidence within the so-called “collective West”. This trust was severely undermined by the hasty and ill-organized withdrawal of U.S. troops from Afghanistan as well as by an equally hasty formation of the new AUKUS alliance, the direct consequence of which was Canberra’s unilateral rupture ...
... the conflict’s total toll approached a million. A new wave of Syrian refugees swept through Turkey and flooded Europe. Russia blocked US and British resolutions on enforcing peace on Damascus in the UN Security Council nine times.
Eventually, the Western countries accused Moscow of deliberately subverting the Security Council work. Quoting UN General Assembly Resolution 377 (V) in her speech at a regular session of the UN General Assembly in the fall, British Prime Minister Theresa May categorically ...
