In Somalia’s long and turbulent road towards rebuilding state-wide institutions and granting its citizens acceptable living conditions, for every two steps forward the country seems to take a step backwards. A new crisis has been unfolding in Mogadishu, this time around a primarily political one.
The digitalisation of the economy is transforming business landscapes, leading to an increased scope for automation in production and a growing role of services in global value chains. On the one hand, this digital transition could boost long-term value and productivity, helping to reduce inequalities within —and between —countries. On the other hand, it also poses critical challenges for labour markets and workers’ welfare, fueling a geopolitical competition for tech supremacy.
In the context of rising competition between China and the United States, Washington has introduced a massive infrastructure plan: the American Jobs Plan. As the 100-day milestone approaches for the Biden administration, the goal is to update and strengthen American infrastructure, create new jobs, boost growth, and enhance overall competitiveness.
East Asia is currently undergoing a digital transformation which promises to upend its social, economic, and political landscape. As a fast-growing region of the global economy, digitalisation holds a key position for its future development and might help Asian states address long-standing issues such as socio-economic exclusion or demographic decline. The handling of Covid-19 is a prime example of the potential of digitalisation.
Several post-Soviet states are particularly vulnerable to the effects of climate change. Furthermore, two of the worst environmental disasters of our times – the Chernobyl nuclear accident and the Aral Sea desertification – happened in the post-Soviet region, with implications that have crossed state and time boundaries.
Since the outbreak of the pandemic, public debt surged from 103.8% to 120% on average in advanced economies and from 54% to 63.4% in developing countries, with significant differences among them. After the COVID-induced economic crisis, a new financial crisis may arise, wherever it comes from. Debt relief measures for poor countries were launched by the Saudi G20 and have been recently strengthened by the Italian G20 presidency. Are they sufficient or should they be further enhanced?
Maritime transport underpins global supply chain linkages and economic interdependency, with shipping and ports estimated to handle over 80 per cent of global merchandise trade. As a result, when the pandemic broke out, the sector has worked as a transmission channel sending shockwaves across supply chains and regions. Most recently, the importance of the shipping sector was clearly highlighted by the Ever Given’s incident in the Suez Canal: one single event managed to shake international trade for several days, triggering delivery delays and relevant economic losses.
After a decade of uprisings and conflict, what is going on with Yemen’s politics, political parties, and mobilization, as Saudi Arabia announces a new UN-supervised ceasefire proposal to end the conflict? The General People’s Congress (GPC, the party of former president Ali Abdullah Saleh) and Islah (which rallies the Muslim Brotherhood, part of the Salafis and the conservative-business-tribal milieu) are Yemen’s main political parties.
Climate change is arguably the greatest challenge of our times, with COVID-19 further highlighting the need for a sustainable future. Despite the pandemic, urbanization is not slowing globally. Covering just 3% of the Earth’s surface, metropolitan systems are currently home to 55% of human beings and are expected to increase dramatically over the next 20 years. Cities are also responsible for about 60% of greenhouse gas emissions and 70% of solid waste, while absorbing around 70% of global energy.
Ten years into the war, no solution is in sight for Syria. One of the longest and most violent conflicts of our times resulted in an unprecedented humanitarian crisis with a dramatic balance: 500.000 victims, 13 million people in need, 6.6 million internally displaced persons, 5.6 million refugees, a broken economy, destroyed cities and infrastructures, collapsed education rates, and food security at risk.