From Ukraine to Syria to the South China Sea, the world is experiencing a spike in geopolitical crises. Yet the business community is, it seems, still largely confident that today’s geopolitical crises will remain relatively marginal and mostly isolated. Is this view correct or could investors be missing the unfolding of a de-globalised world?, asks Kristel Van der Elst.
In his speech to the annual gathering of world political and economic leaders in Davos, Switzerland, UK Prime Minister David Cameron said today (24 January) he saw a chance for his country to become the “Re-Shore Nation” and pull jobs and economic activity “back home”.
Today the world is a different place from the days when the United Nations was born. This is why the answer to democratise that hallowed meeting ground of states is the establishment of a UN parliamentary assembly, writes Joan Marc Simon.
The world order has changed in the course of the financial crisis and with it, enhanced the consolidation of a new arena of world politics in which superpowers somewhat urgently seem to hunt for new allies to rescue their well-being, says Gabriele Suder.
Swedish EU Affairs Minister Cecilia Malmström unveiled the logo of her country's upcoming EU presidency on Monday (2 March). The design, a golden S-shaped curve dividing - or perhaps uniting - two blue sides was described by the winning advertising agency, Bacon Advertising, as reflecting "openness, dialogue, climate and light".
"Europe must develop into a global player" by adopting a worldview with a "strategic orientation as well as a dash of political shrewdness," writes Wolfgang Gerhardt, chairman of the Friedrich-Naumann-Stiftung für die Freiheit (FNSF), in the spring 2009 edition of Europe's World.
The EU will present proposals on Wednesday (28 January) for an international agreement to replace the Kyoto Protocol on climate change. The bloc is calling for a increase in global investment to 175 billion euro per year by 2020, more than half of which must be spent in developing countries.
The European Commission yesterday (15 December) granted €35.16 million from the EU's Globalisation Fund (EGF) to support laid-off Italian textile workers, the largest sum granted by the fund since its creation in early 2007.
A poll conducted by WorldPublicOpinion.org in predominantly Muslim countries found that local populations view international trade as a positive force for growth and development, running counter to Western perceptions about the Muslim world.
The European Union is "uniquely placed to make the most of globalisation," says Commission President José Manuel Barroso, despite concerns raised by his colleague Employment and Social Commissioner Vladimir Spidla relating to the "far-reaching and often brutal consequences of globalisation", which include "the outsourcing of jobs and the closure of factories".
Globalisation is all too often blamed for "unrelated" job losses and price hikes, while the "huge benefits" of increased cross-border trade and investment such as higher wages and GDP growth are overlooked, said the Commission President, commenting on a new report.
80% of the world's population still believe democracy to be the best option, but concede that it is far from perfect, according to the first chapter of a new book by the research agency TNS entitled 'Public opinion polling in a globalised world'.
Merely responding to globalisation is "not enough", says Maria Joao Rodrigues, one of the architects of the EU's Lisbon strategy for growth and jobs. "We need to shape globalisation", she adds in an exclusive interview with EurActiv.
The Commission has made its first payments from Europe's Globalisation Adjustment Fund, aimed at helping countries cope with job losses caused by intensified competition from low-cost countries, it announced on 13 December.
A declaration to be endorsed by European leaders at a summit on Friday seeks to shift the debate away from institutional matters to focus the EU on 'shaping globalisation in the interest of all citizens and business'.
Climate change could bring globalisation to an end by 2040, according to a new report from leading national security experts – with nations turning inwards to save resources as new climate-related conflicts arise.
The European Commission has released its political programme for the coming year, with a core focus on issues such as growth and jobs, climate change, energy and migration – confirming its desire to move on from matters of institutional reform.
The Commission's Director-General for Trade David O'Sullivan tells EurActiv he remains optimistic that global trade negotiations can still be succesfully concluded, even if it does mean the EU will have to offer more concessions on agricultural tariffs, and reminds the bloc's 27 members just how much free trade and globalisation has benefited them.
3,000 workers from German mobile phone plants made redundant upon their sale by Siemens to the Taiwanese BenQ corporation and 1,000 unemployed Finnish mobile phone industry workers will receive support from the EU's Globalisation Adjustment Fund (EGF), the Commission has announced.
France's former finance minister, the Socialist Dominique Strauss-Kahn, has been chosen as the new head of the International Monetary Fund (IMF). His promise to reform the institution, which is facing a crisis of legitimacy, was welcomed with caution.
Both Eastern and Western Europeans must deal with similar challenges brought by globalisation. And the threat of dangerous over-reactions by unhappy populations led by populist governments is real across the continent, says Dr András Inotai of the Institute for World Economics in Budapest.
During his first visit to Brussels, French President Nicolas Sarkozy said that he would refuse to "sell off" the interests of French agriculture in WTO negotiations and announced future proposals to revise eurozone governance.