Future of Globalisation

Future of Globalisation

Future of Globalisation provides a platform for debates on world economic issues

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Africa Alliances

Africa Alliances

Sustainable development and peace depend on economic and political developments in Africa

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Zukunft der EZ

Zukunft der EZ

Das Politikfeld Entwicklungszusammenarbeit befindet sich im Umbruch.

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Trust in the Internet: The Economic Dimension of Cybersecurity

Image: Hacker CodeCybersecurity was a prime topic at this year’s Munich Security Conference. If, for instance, the cloud service provider AWS with its 42% market share was successfully attacked, it would take down large parts of the Internet, with impacts worse than kinetic warfare by some measures.

Overall economic losses from cyberattacks are estimated at 600bn $, or 1% of global GDP, with sharp growth rates as all parts of the economy are moving online. Still, these figures reflect just the tip of the iceberg. Many potentials for digital value creation cannot be realized due to lack of trust. Germans, for instance, feel queasy about online banking: Only half of Germans trust the security of digital transactions, stifling uptake of new fintech business models.

Image: future.agenda; source: https://www.flickr.com/photos/131046472@N07/16429419345/

Can we understand the prospects of development without understanding its environmental dimension?

Development studies aim to understand the root causes of poverty and its reproduction and how social inequalities emerge and are stabilized. This is a broad endeavour with a number of academic disciplines contributing, with quite a few success stories if we look at the economic and the social dimensions. However, while maintaining the focus on…

Global Innovation System Design: The G20 as a knowledge catalyst

Image: Newtons Craddle

The evolutionary approach highlights education and innovation as a central means of welfare and growth. The transformation of the productive sphere and the development of society are depended upon knowledge generation and learning. An effective innovation system, which enhances knowledge generation and learning through increasing the interaction among the actors, provides a favorable environment in this regard. That is valid at the global level as well.

The year ahead in 2019 – Think local when acting globally

Photo: Bridge and GlasballFor 2019, the global challenges are unlikely to become fewer than in 2018, based on the past experiences. The post-cold war international order as we knew it has taken a few blows again in 2018. Some key pillars and narratives are being shifted and challenge the stability of the international architecture. As often with foreign relations, it takes place in a context that consists of both global challenges and domestic priorities. Indicators for change will thus be located in domestic politics of some key countries. Without wanting to sound overly optimistic for a surely difficult year to come, some elements for a change are visible.

Prospects and Possibilities for Japan’s 2019 G20 Osaka Summit

Picture: Osaka SkylineWe hosted a one-day international conference at Soka University in Tokyo on December 10, 2018, on the theme “Prospects and Possibilities for Japan’s 2019 G20 Osaka Summit.” This was held shortly after the inauguration of the Japanese Presidency of the Group of Twenty (G20), which will be compressed by holding an early summit, on 28-29 June 2019. Conference participants stressed their doubts about the capacities of the G20 to meet contemporary global governance challenges, especially due to failures to implement previous summit commitments and the growing tensions between members. They emphasized the important role of stakeholders in holding the G20 to account, by focusing on policy compliance and implementation.