... Macron delivered his speech before the ambassadors. The given event encapsulated the characteristic features of all previous French initiatives: a multi-stakeholder approach, the adoption of several more thematic “appeals”, participation of the global South representatives (leaders of South Africa, Ethiopia, Egypt, Cuba, etc.) along with the pacesetting Western speakers. Accordingly, as Mr. Macron later explained, the goal of the meeting was also formulated: laying the foundations for a “new consensus” [
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] regarding the global financial ...
... BRICS summit in South Africa is set to bring major changes to the global economic landscape
The 15th BRICS summit in South Africa is set to bring major changes to the global economic landscape as the bloc is preparing to unleash an expansion that may ... ... evolution of the BRICS bloc as the summit's decisions on expansion are likely to impact not only the development trends across the Global South but also across the entire world economy.
One notable merit in China's determination to expand the current BRICS ...
... step towards a pan-continental free trade area could be observed in the coming years in Latin America, where regional conditions are improving for continental initiatives to be advanced.
The next stage in progressing towards a free-trade area for the Global South would be to link up the pan-continental free trade arrangements in Africa and Latin America. The two pan-continental blocs are broadly similar in terms of the size of GDP – in 2021 Africa’s GDP totaled around USD 2.7 trn, while for South America’s 12 economies the total in 2021 was around USD 3.25 trn. Furthermore,...
... the expediency of building platforms of South-South cooperation, including on the basis of “integration of integrations” that bring together the main regional integration blocks of the developing world.
Today the evolution of the platforms of the Global South is at a crucial juncture: throughout the past several years significant steps have been undertaken by developing nations to build pan-continental integration platforms – in Africa it was the creation of the African Continental Free Trade Area (AfCFTA), while in Eurasia the expansion of SCO membership was accompanied by the creation of RCEP. The next stage in this process would be to link up all of the pan-continental platforms ...
... feasible burden of an additional tax.
Let us stress once again that the main, planet-wide challenge of our century lies not in Atlantic-Eurasian confrontation; it lies in U.S.–China rivalry and in the deep rift between the North and the South. The African continent remains the indisputable center of the global South. Humanity will not be able to successfully move forward in the next hundred years without responding properly to the African challenge thought this century.
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. The author is referring to a popular book by Korney Chukovsky, which is a Russian ...
