The Future Center for Research and Advanced Studies hosted a discussion with Dr. Mahmoud Mohieldin, the UN Special Envoy for Financing Sustainable Development. The session explored key trends shaping the new global economic system. Discussions highlighted shifts in economic power, the erosion of roles of current economic institutions, and emerging characteristics of the new global economic order. Key points included the rise of new economic powers like China and India, the decline of the middle class in Europe and the US, and the surge in protectionist policies. The ineffectiveness of international organizations and the search for alternatives to the US dollar were also addressed. Dr. Mohieldin outlined features of the evolving system, including international trade protectionism, new regionalism, and the race toward technological innovation.
— new from مركز المستقبل
