Key issues for global governance in 2030

摘要

We experienced a major global financial crisis in 2008/2009. Five years later the world economy has not yet really recovered. This applies obviously to Europe, still fighting its own systemic crisis. But even in the US economic activities and employment are still doing poorly, notwithstanding the Fed's impressive policy of "quantitative easing" to boost investments. In addition, emerging economies have not yet succeeded to decouple their growth dynamics from those of the developed world, thus having to face a dampening of their own growth potential due to the continued stagnation of the latter. Finance is certainly to blame for a lot of these deadlocks. Reform of the financial system may be on its way, even though it is bound to be a lengthy and uneven process. Still, recovery policies have shown that it is not the only problem. The world is facing a global governance crisis affecting not only the financial system, but also, in one way or another, all the fields where this global governance is taking shape, notably the organization of production, of security, and of knowledge construction.