Watch Ayoade Alakija, Velina Tchakarova and Philip Pilkington explore how the GlobalSouth can transform the existing power dynamics at the Budapest Global Dialogue 2024. Organized by ORF, Delhi, and HIIA, Budapest
Rising Together: The New Power Players in a Shifting World While the semantics surrounding the definition and composition of the Global South can be debated, its rising prominence is undeniable. As the developed world grapples with sluggish growth and demographic challenges, this emerging bloc now constitutes 85% of the world’s population and nearly 60% of global GDP on a purchasing power parity (PPP) basis. Can the individual nations of the Global South continue their upward economic trajectory and chart an independent path in a fractured multipolar world order? Can the Global South successfully reform the international governance and monetary architectures and increase their representation in these 20th -century relics? Will this coalition leverage its collective strength to redefine global governance, or will it succumb to the pressures of existing power dynamics? Speakers: Ayoade Alakija, Chair, Board of Directors, FIND; Co-Chair, G7 Impact Investment Initiative in Global Health, United Kingdom Velina Tchakarova, Geopolitical Strategist, FACE, Austria Moderator: Philip Pilkington, Senior Research Fellow, Hungarian Institute of International Affairs, Hungary
By loading the video, you agree to YouTube’s privacy policy.
Learn more
