Global Development Strategies
This theme examines multi-level mechanisms of power with global implications and transnational economic processes to acquire a deeper understanding of the trends and interests at play and determine more effective global development strategies.
Global power relations have fundamentally changed. The old multilateral system is starting to crumble due to the emergence of new, powerful countries which are increasingly taking the lead in the global economy. The traditional dividing line between the ‘developed’ and ‘developing’ countries has become blurred.
Globalization demands economic, political, social and development strategies that exceed the nation state. The recent global economic crisis again exposed the challenges of ongoing economic and financial interconnectedness. In particular, the preceding absence of effective global governance marked by rising global inequalities and a hollowing of democracy, were clear warning signs of the growing challenges and interconnection. Development is no longer solely about tackling poverty by aid transfer from rich to poor countries. Poor and marginalized people are not only limited to the developing world, and the rich constitute a global elite who are also not confined to borders or hemispheres. Instead global development implies a fair management of global public goods, such as a sustainable environment and climate, food, water and energy security, as well as stable and accountable financial and trade relations. As these cannot be addressed exclusively at the local or national levels, effective transnational cooperation is required.
At the same time, the prospect of effective and sustainable global governance is challenged in a global arena where countries’ interests and policy priorities inevitably clash. Growing economic integration is increasingly causing political, ethnic and religious fragmentation, shifting power relations, fear of and opposition to foreign influences at the national and local levels, and resistance to dominant forces and processes.
This Global Development theme page should help us deepen our understanding of this global turbulence. It requires a different analytical framework: one that focuses on the global governance of global public goods and follows the complex processes that determine its success or failure, rather than one that restricts itself to analyzing ‘aid’ relations from a national and/or Northern perspective. We aim to focus on research and methods that will improve how we interpret these shifts in global dynamics in order to generate more fair and sustainable global development strategies.