Geo-Economic Fragmentation and the Future of Multilateralism - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Geo-Economic Fragmentation and the Future of Multilateralism write by Mr. Shekhar Aiyar. This book was released on 2023-01-15. Geo-Economic Fragmentation and the Future of Multilateralism available in PDF, EPUB and Kindle. After several decades of increasing global economic integration, the world is facing the risk of policy-driven geoeconomic fragmentation (GEF). This note explores the ramifications. It identifies multiple channels through which the benefits of globalization were earlier transmitted, and along which, conversely, the costs of GEF are likely to fall, including trade, migration, capital flows, technology diffusion and the provision of global public goods. It explores the consequences of GEF for the international monetary system and the global financial safety net. Finally, it suggests a pragmatic path forward for preserving the benefits of global integration and multilateralism
The Future of Multilateralism and Globalization in the Age of the U.S.-China Rivalry
The Future of Multilateralism and Globalization in the Age of the U.S.-China Rivalry - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Future of Multilateralism and Globalization in the Age of the U.S.-China Rivalry write by Norbert Gaillard. This book was released on 2023-11. The Future of Multilateralism and Globalization in the Age of the U.S.-China Rivalry available in PDF, EPUB and Kindle. "Despite the growing consensus that the rise of China is transforming international relations, policy makers and scholars have not sufficiently addressed the geopolitical and geoeconomic implications of a new paradigm, especially since the Covid-19 pandemic and the Russo-Ukrainian war. This book fills this gap. This is an original and innovative book that investigates how a new modus vivendi between China and the United States in a post-globalized world requires more economic independence because of the distrust between G20 economies but heightened international cooperation, in order to avert a shift to nationalism and protectionism and to fight financial and climate crises. The book is divided into four parts. Part I investigates the specific features of Chinese and U.S. capitalisms; Part II argues that several flaws observed in the multilateral architecture since the early 2000s have caused global imbalances and increased misunderstanding and mistrust between the two superpowers; Part III analyzes how the China-U.S. rivalry has manifested in Asia, Latin America, and in terms of global development finance and finally, Part IV provides a blueprint for a successful and revamped international order. The book provides an ambitious interdisciplinary analysis of the future of multilateralism and globalization with contributions from economists, lawyers, and political scientists. Due to its multidisciplinary approach, the book will attract the interest of scholars and postgraduate students from wide ranging fields, as well as practitioners working in international organizations, policy makers and more generally educated lay readers interested in the topic"--
The Future of Multilateralism and Globalization in the Age of the U.S.-China Rivalry
The Future of Multilateralism and Globalization in the Age of the U.S.-China Rivalry - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Future of Multilateralism and Globalization in the Age of the U.S.-China Rivalry write by Norbert Gaillard. This book was released on 2024. The Future of Multilateralism and Globalization in the Age of the U.S.-China Rivalry available in PDF, EPUB and Kindle. "Despite the growing consensus that the rise of China is transforming international relations, policy makers and scholars have not sufficiently addressed the geopolitical and geoeconomic implications of a new paradigm, especially since the Covid-19 pandemic and the Russo-Ukrainian war. This book fills this gap. This is an original and innovative book that investigates how a new modus vivendi between China and the United States in a post-globalized world requires more economic independence because of the distrust between G20 economies but heightened international cooperation, in order to avert a shift to nationalism and protectionism and to fight financial and climate crises. The book is divided into four parts. Part I investigates the specific features of Chinese and U.S. capitalisms; Part II argues that several flaws observed in the multilateral architecture since the early 2000s have caused global imbalances and increased misunderstanding and mistrust between the two superpowers; Part III analyzes how the China-U.S. rivalry has manifested in Asia, Latin America, and in terms of global development finance and finally, Part IV provides a blueprint for a successful and revamped international order. The book provides an ambitious interdisciplinary analysis of the future of multilateralism and globalization with contributions from economists, lawyers, and political scientists. Due to its multidisciplinary approach, the book will attract the interest of scholars and postgraduate students from wide ranging fields, as well as practitioners working in international organizations, policy makers and more generally educated lay readers interested in the topic"--
A Proposal to End the COVID-19 Pandemic
A Proposal to End the COVID-19 Pandemic - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook A Proposal to End the COVID-19 Pandemic write by Ruchir Agarwal. This book was released on 2021-05-19. A Proposal to End the COVID-19 Pandemic available in PDF, EPUB and Kindle. Urgent steps are needed to arrest the rising human toll and economic strain from the COVID-19 pandemic that are exacerbating already-diverging recoveries. Pandemic policy is also economic policy as there is no durable end to the economic crisis without an end to the health crisis. Building on existing initiatives, this paper proposes pragmatic actions at the national and multilateral level to expeditiously defeat the pandemic. The proposal targets: (1) vaccinating at least 40 percent of the population in all countries by the end of 2021 and at least 60 percent by the first half of 2022, (2) tracking and insuring against downside risks, and (3) ensuring widespread testing and tracing, maintaining adequate stocks of therapeutics, and enforcing public health measures in places where vaccine coverage is low. The benefits of such measures at about $9 trillion far outweigh the costs which are estimated to be around $50 billion—of which $35 billion should be paid by grants from donors and the residual by national governments potentially with the support of concessional financing from bilateral and multilateral agencies. The grant funding gap identified by the Access to COVID-19 Tools (ACT) Accelerator amounts to about $22 billion, which the G20 recognizes as important to address. This leaves an estimated $13 billion in additional grant contributions needed to finance our proposal. Importantly, the strategy requires global cooperation to secure upfront financing, upfront vaccine donations, and at-risk investment to insure against downside risks for the world.
Geoeconomic Fragmentation and International Diversification Benefits
Geoeconomic Fragmentation and International Diversification Benefits - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Geoeconomic Fragmentation and International Diversification Benefits write by Tatsushi Okuda. This book was released on 2024-03-08. Geoeconomic Fragmentation and International Diversification Benefits available in PDF, EPUB and Kindle. This paper applies the two-country open-economy model with trade in stocks and bonds of Coeurdacier et al. (2010) to quantify the loss of international diversification benefits for major advanced economies, which have a significant presence in international financial markets, under geoeconomic fragmentation. We perform counterfactual simulations under different hypothetical fragmentation scenarios in which these economies are unable to trade with geopolitically distant countries, as measured by voting disagreement on foreign policy issues at the United Nations General Assembly meetings during 2012-2021. The simulation results imply a potentially significant loss of international diversification benefits of financial openness for the considered advanced economies by limiting trading to partner countries that are geopolitical allies with highly synchronized business cycles.
