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Great Power Rivalries in the Global South

Navigating Financial and Economic Security Issues in a Multi-Polar World

During March 22-24, 2024, the Financial Services Volunteer Corps (FSVC) organized an international symposium in Istanbul, Turkey, funded by Carnegie Corporation of New York and Konrad-AdenauerStiftung (KAS). The symposium brought together 29 leading experts and practitioners in international finance and foreign policy from Africa, Asia, Europe, and North America to exchange ideas, break silos and forge connections.

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In 2024, the world is at an inflection point, the most important since the collapse of the Soviet Union in the early 1990s. There is widespread concern about the increasingly fragmented state of the international system, and the capacity of leading governments to address challenges that have become increasingly complex.  The value of breaking down silos and engaging perspectives from multiple areas of expertise is now greater than ever.  To address this need, FSVC’s 2024 international symposium in Istanbul, Turkey, funded by Carnegie Corporation of New York and Konrad-Adenauer-Stiftung (KAS), brought together 29 leading experts and practitioners in international finance and foreign policy from Africa, Asia, Europe and North America to exchange ideas on pressing current affairs.  The symposium encouraged reflection on what has worked and what has gone wrong in recent decision-making, with the goal of identifying informed, proactive policy responses to current and future stresses.  The overarching topics of discussion were how great power rivalries are impacting the Global South, the implications of these developments for the global financial system, and how countries in the Global South can navigate this competition to their benefit.    

 

More information and details can be found in the attached Strategic Memorandum as well as the Rapporteur’s Report.

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Contact

Cristita Marie Perez

Cristita Marie Perez KAS

Senior Programme Manager, Regional Economic Programme Asia (SOPAS)

cristita.perez@kas.de +81 3 6426 5041

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