Young Global Changers Blog: Multilateralism

2020 has been a year that tested our resilience and forced us to reflect on the delusion of decoupled growth. In what unveiled as the biggest humanitarian, environmental, economic, political and social crisis, world was gripped through a multitude of events from raging bushfires in Australia, unrest in Hong Kong, India and Chile, ceasefires in … Read more

International Institutions Make Decisions that Affect All of Us Since the end of World War II, there was a remarkable growth in the number of global governance actors, with the goal to reduce the chance of war and promote worldwide development by increasing international collaboration. Examples are the World Bank, the International Monetary Fund (IMF) … Read more

Globalization seemingly creates an ever more connected world, resulting in a growing interdependence of the world’s economies, cultures and populations. However, the way globalization influences regions, countries and individuals differs considerably depending on where you are and who you are. For example, markets in developing economies are interesting to the more developed world primarily as … Read more

The Young Global Changers Summer School in Berlin was a truly global gathering of young changemakers. I had the privilege and honor to be selected to attend the program, where 90 young leaders from all over the world came together to brainstorm on solutions to the SDGs, in view of the G20 Japanese presidency.

In her keynote speech at the Global Solutions Summit, Chancellor Merkel emphasized the importance of supporting multilateralism while maintaining respect for national autonomy. The threats facing multilateralism today were highlighted, most notably the recent rise of populism and the potential for clashes between national and international powers.

The broad generalization often made about trade is that it can make everybody better off. This economic principle is popularly proclaimed in the introduction to an economics textbook by Mankiw and Taylor, and therefore taught to many, if not all, students attending introductory courses in economics.