I’m writing this bulletin from Davos, Switzerland, home of the 2022 World Economic Forum (WEF). This is the first time the annual gathering of world leaders, CEOs, and public figures takes place in the spring (no snow boots!), courtesy of Omicron. It’s also the first in-person forum since the pandemic hit in January 2020, and it couldn’t be happening at a more critical moment for the world.
Indeed, the theme of this year’s meeting is “History at a Turning Point,” and what a turning point it is. From Covid-19, climate change, digitalization, and deglobalization to the war in Ukraine, slowing global growth, surging energy prices, and a looming food crisis, this is the most crisis-rich backdrop to a World Economic Forum I’ve ever seen.
Why are we seeing so many converging crises at the same time?
Largely, I think it’s because we are in a geopolitical recession—a moment in history when nobody (not the U.S., not the G7, not the G20) is driving the bus—where many of the reigning global institutions are increasingly not aligned with the geopolitical balance of power. The United Nations Security Council, NATO, the World Trade Organization, the World Bank, the International Monetary Fund—all of these institutions were the product of a bipolar world forged atop the ashes of World War II.
CIRSD team member at the European Forum Alpbach 2022
In mid-August 2022, Assistant to the President of CIRSD and Horizons Junior Editor, Aleksandar Ljubomirović attended the prestigious annual European Forum in the Austrian village Alpbach, Europe’s most prestigious, high-level and invitation-only event.
CIRSD and PCNS co-organize an event about the MENA region
Envisioned as part of a series of high-level discussions and roundtables focusing on MENA related topics, this closed-door event is scheduled to take place on September 7th, 2022 at 04:00 p.m. (CET) on Zoom.
Jeremić and Schmidt-Traub: The continuation of the war in Ukraine will cause a world food crisis
"The war in Ukraine has deepened the existing crisis in the system of food production and
consumption, which is a consequence of the pandemic and reduced incomes, as well as climate
change. This has a dramatic impact on agricultural production around the world," said Schmidt-
Traub at the lecture. "How will the future reflect on agriculture, food and water", held as part of
CIRSD's "Future Leaders" program, whose participants include postgraduate students from all
over the world.
Branko Milanović lectures at newly established Future Leaders Program
Professor Milanović led this insightful discussion on income inequality between and within nations, tracing the history of income inequality throughout the world from the industrial revolution to today.