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Europe must project power without losing its soul

As fundamental pillars of the global order are shifting, the European Union is forced to adjust to a world driven by great power competition. In doing so, it must not lose track of its own existential purpose. Europe is faced with seismic changes in its regional and global surroundings. Following Russia’s brutal invasion of Ukraine, […]

Contested multilateralism and the crisis of cooperation

The war in Ukraine spotlights all that is wrong with the current state of multilateralism, as a permanent member of the United Nations Security Council has invaded another country. This bears testimony to an increasing disconnect and imbalance between global institutions and their outputs. And it shows a crisis of cooperation, raising questions about a […]

Reforming development finance to address crisis times

The climate emergency, the Covid-19 pandemic and the Russian war in Ukraine are illustrative of our new era of permanent multiple crises. Development finance frameworks and institutions are not fit to address such tumultuous times. They must adjust their modus operandi to be more reactive and impactful in the face of greater risks and uncertainty. […]

China in the global order: trade partner, competitor, or systemic alternative?

The People’s Republic of China has emerged as an actor in global politics that propagates its own path to development and clearly distinguishes itself from the West. China’s extremely successful catch-up development model has removed one of the dogmas of the development debate – that modernisation was to be equated with ‘Westernisation’. However, in light […]