The New (Dis)Orders: Envisioning the Complex Futures of Geopolitics

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The New (Dis)Orders: Envisioning the Complex Futures of Geopolitics
MAY 2019

          The New
          (Dis)Orders:
          Envisioning the
          Complex Futures
          of Geopolitics
          DAVID BARGUEÑO
          DARSHANA M. BARUAH
          CAROLINA COSTA
          AMBRE EYOUM
          LIANA FIX
          LIANA LIM HINCH
          YUHO NISHIMURA
          CYRIL PRINSLOO
          HANG ZHOU
          WOLFGANG REINICKE

Supported by                   GGF Partners
The New (Dis)Orders: Envisioning the Complex Futures of Geopolitics
Table
of Contents
    04            About the Program                                        21   Policy Project 1:
                                                                                Cape Town Safer Tech Initiative
     05           Introduction
                                                                           24   Policy Project 2:
    06            Scenario 1: The Aftermath of
                                                                                Democratizing Policymaking at the
                  China’s Death Kiss to the IMF and
                                                                                World Bank Group Through Diversity
                  the Dawn of a New Bipolar Order
                                                                           27   Policy Project 3:
      11          S cenario 2: A Grand Development
                                                                                Global Futures Dialogue
                   Bargain
                                                                           31   Methodology
     16           S cenario 3: The Indo-Pacific and
                   the New Great Game                                      32   Acknowledgments
    20            From Scenarios to Policy Projects                        33   Fellows of the Futures of Global
                                                                                Order Working Group

1   THE NEW (DIS)ORDERS: EN VISIONING THE COMPLEX FUTURES OF GEOPOLITICS                       GLOBAL GOVERNANCE FUTURES 2030   2
The New (Dis)Orders: Envisioning the Complex Futures of Geopolitics
ABOUT THE PROGRAM                                                                                                                                                      ABOUT THE PROGRAM

                                                                                 About
                                                                                 the Program
                                                                                  The Global Governance Futures program (GGF)           Using strategic foresight instruments, including
                                                                                  brings together young professionals to look ahead     scenario planning and risk assessment, the work-
                                                                                  10 years and think of ways to better address glo-     ing groups produced scenarios for their respective
                                                                                  bal challenges. Building on a decade of successful    issue areas. Based on their findings, the fellows put
                                                                                  rounds of the GGF program, GGF 2030 convened          together a range of products that outline scenarios
                                                                                  27 fellows from Brazil, China, France, Germany, In-   of potential global governance challenges of the
                                                                                  dia, Indonesia, Japan, South Africa, and the United   coming decade and ways to address them.
                                                                                  States (three from each country). Over the course
                                                                                  of 2018 and 2019, the fellows participated in four  In addition to learning about and implementing
                                                                                  dialogue sessions, which took place in Washington,  the scenario planning methodology, our fellows
                                                                                  DC, New Delhi, São Paulo, and Paris and Berlin.     met with leading policymakers and experts from
                                                                                                                                      each participating country, whose insights helped
                                                                                  The GGF 2030 fellows – selected from the public, shape the scenarios.
                                                                                  private and non-profit sectors – formed three work-
                                                                                  ing groups, each focusing on one key global issue. The findings, interpretations and conclusions ex-
                                                                                  For this round, they focused on the futures of glo- pressed in this report are those of the authors and
                                                                                  bal order, the global migration and refugee chal- do not represent the views of the organizations they
                                                                                  lenge, and the role of cities in global governance. work for.

3          THE NEW (DIS)ORDER: EN VISIONING THE COMPLEX FUTURES OF GEOPOLITICS                                                           GLOBAL GOVERNANCE FUTURES 2030                 4
The New (Dis)Orders: Envisioning the Complex Futures of Geopolitics
INTRODUCTION                                                                                                                   SCENARIO 1: THE AFTERMATH OF CHINA’S DEATH KISS TO THE IMF AND THE DAWN OF A NEW BIPOLAR ORDER

Introduction                                                                                                            Scenario 1:
           Global order refers to the systems and mecha- ›› How will technology and multinational compa-
           nisms of interaction between states and non-state     nies transform politics between nation states?
                                                                                                                        The Aftermath
                                                                                                                        of China’s Death
           actors based on power, strategic interest, cooper- ›› To what extent will geography, regional politics
           ation, and competition.                               and/or identity politics influence global order in
                                                                 2030?
           FOCAL QUESTIONS                                    ›› What will be the new institutional framework of

                                                                                                                        Kiss to the IMF
                                                                 a shifting global order (which sees tensions be-
           ›› How will economic development and inequality       tween the Western-led, neo-liberal, multilateral
              play into the global order in 2030?                institutions and emerging parallel institutions)?

 Key Variables
                                                                                                                        and the Dawn of
                                                                                                                        a New Bipolar
           THE RELEVANCE OF BRETTON WOODS                         changing national policy, and dissent over exist-
           INSTITUTIONS: A weakening of the existing              ing orders fuels nationalism/populism – with spill­
           order due to the decline of Western power, which       over effects domestically, regionally, and inter­-
           leads to an emergence of new actors (the rise of       nationally.

                                                                                                                        Order
           parallel/competing institutions, such as the New
           Development Bank 1, the Asian Infrastructure In-       TECHNOLOGY AS A MAJOR DISRUPTER: Big
           vestment Bank, or the BRICS Contingent Reserve         data, artificial intelligence, robotics, and drones
           Arrangement).                                          contribute to both the diffusion and centralization
                                                                  of power, depending on domestic contexts.
           RACE TO MEET RESOURCE DEMANDS
           (FOOD, WATER AND ENERGY): Potential con-               DECLINING DOMINANCE OF THE US ECO-
           flicts fueled by competition for resources, move-      NOMY: The decline of the US dollar as a reserve
           ment of people, disruptive technology, climate chan-   currency, the rise of alternative systems (such as     A China-led versus US-led political and economic                institutions, there was further decline of Bretton
           ge, the growing role of multinational companies,       the China International Payment System, China          order emerges in 2030: China is viewed as the                   Woods institutions such as the World Trade
           etc., leading to contagion and spillover effects.      Union Pay, and cryptocurrencies), the rise of new      world’s economic and financial center, 2 as well as             Organization (WTO).
                                                                  financial centers and credit rating companies          the leader in fighting climate change, spearhead-
           IMPLICATIONS OF DOMESTIC POLITICS                      (e.g., the Universal Credit Rating Group).             ing the New Global Green Deal negotiations. It                  But GSM loans were handed out without strict
           IN THE G20 COUNTRIES: ‘Black swan’ leaders,                                                                   all started in the early 2020s, when China exited               gover­nance conditionalities, which in turn em-
                                                                                                                         the International Monetary Fund (IMF). Like-                    powered illiberal regimes and authoritarian
                                                                                                                         minded countries and distressed economies                       leaders throughout these regions. In parallel, the
                                                                                                                         followed its exit, and joined the China-led mone-               Chinese were successful in spreading their gover-
                                                                                                                         tary fund: the Global Stability Mechanism (GSM).                nance model based on tech-authoritarianism
                                                                                                                         With China creating its own parallel set of global              combined with a state-led capitalist system.

                                                                                                                         2   Enda Curran, January 8, 2019, ‘These Could Be The World’s Biggest Economies by 2030,’ Bloomberg, available at
                                                                                                                             https://www.bloomberg.com/news/articles/2019-01-08/world-s-biggest-economies-seen-dominated-by-asian-ems-by-2030?cmpid%3D=
           1   See https://www.ndb.int/                                                                                      socialflow-twitter-economics&utm_campaign=socialflow-organic&utm_content=economics&utm_source=twitter&utm_medium=social

5          THE NEW (DIS)ORDERS: EN VISIONING THE COMPLEX FUTURES OF GEOPOLITICS                                                                                                            GLOBAL GOVERNANCE FUTURES 2030                          6
The New (Dis)Orders: Envisioning the Complex Futures of Geopolitics
SCENARIO 1: THE AFTERMATH OF CHINA’S DEATH KISS TO THE IMF AND THE DAWN OF A NEW BIPOLAR ORDER                                                                            SCENARIO 1: THE AFTERMATH OF CHINA’S DEATH KISS TO THE IMF AND THE DAWN OF A NEW BIPOLAR ORDER

                 As a response to China’s rising economic and po- relationship between the US and its allies had been                                               Although China managed to come out stronger                           nomination was perceived by the Chinese as a ma-
                 litical dominance, the US pressured its allies to severely damaged by years of volatile and reckless                                               from the trade war started in 2018 5 by former                        jor political defeat since Beijing had spent a great-
                 choose sides. But the US-led attempt failed as the US international policy under the Trump era.                                                    President Trump (through further diversifying                         deal of political capital lobbying for a Chinese can-
                                                                                                                                                                    its market access and ensuring a greater role for                     didate. The IMF’s move symbolized the tipping
                                                                                                                                                                    the Yuan in global trade), the commercial dispute                     point in the competition between the US and China
                                                                                                                                                                    further enhanced the economic and political                           over the governance of international financial in-
                                                                                                                                                                    animosity between the US and China. In reaction                       stitutions. Having previously expanded the reach
                                                                                                                                                                    to the trade war, China reduced its holdings of US                    of the BRICS Contingent Reserve Arrangement
                                                                                                                                                                    treasuries, which in turn decreased its economic                      (CRA) beyond its founding members (Brazil, India,
                                                                                                                                                                    exposure to the US dollar. Combined with that, a                      Russia and South Africa), China chose the ‘death
                                                                                                                                                                    number of initiatives have been implemented to                        kiss option’: in 2022, it announced its exit from
                                                                                                                                                                    decrease the dollar’s dominance (such as an alter-                    the IMF as well as the establishment of an alter-
                 Former German
                                                                                      Illiberal leaders empowered                                                   native to the SWIFT payment system), which led to                     native monetary fund based on the BRICS CRA,
                                                                                           by imported Chinese
             Chancellor Angela Merkel
                named head of IMF
                                                                                          surveillance technology                                                   the strengthening of the Yuan as an international                     called the Global Stability Mechanism (GSM). By
2019                    2021                             2023                    2025                     2027                           2029
                                                                                                                                                                    currency.                                                             doing so, China not only strengthened an ecosys-
                                                                                                                                                                                                                                          tem of China-centered organizations but it also
          2020                            2022                      2024                         2026                  2028                                         In 2021 former German Chancellor Angela Merkel                        greatly weakened the role of the Bretton Woods
                                                                                                                                                            2030
                                                                                                                                                                    was named Managing Director of the IMF. This                          organizations.

                                      China & BRICS+
                                         establish
                                      Global Stability
                                     Mechanism (GSM)
                                       as alternative
                                       monetay fund

                              IMF                                                                                                           China asser ts global
       China’s demands for                                   IMF fails to stabilize                                                          climate leadership
                              ates
       reform & new candid                                  struggling economies
                               d
          for director rejecte

  History of the Future

                 China’s exit from the IMF, which took place in                             ment to forge ahead with its dominance of the
                 2022, and the emergence of a bipolar political                             global financial system. Leveraging its growing
                 and economic order resulted from a decade-long                             economic influence, China demanded significant
                 dispute between China and the US over the global                           reforms to the IMF’s structure, including a re-
                 economic governance structure. In the years prior                          vised quota system, changes to the candidates
                 to 2022, China’s economic power became stronger                            considered for the job of the body’s director, and
                 and more influential, with its share of global GDP                         a change in its assistance programs to rely less
                 rising significantly. 3 China’s corporations active 4                      on market-based reforms and equal treatment.
                 in key strategic sectors, such as high-tech, IT, data                      However, the Chinese demands were repeatedly
                 management, and the ‘green economy’, have been                             rejected by key IMF member states, most notably                         In 2021, former German Chancellor Angela Merkel was named Managing Director of the IMF, a nomi-
                 the domestic drivers pushing the Chinese govern-                           the US.                                                                 nation that was perceived to be a major political defeat by the Chinese. Source: European Council

                 3    Statista, 2019, ‘China: share of global gross domestic product (GDP) adjusted for purchasing-power-parity (PPP) from 2012 to 2023,’
                      available at https://www.statista.com/statistics/270439/chinas-share-of-global-gross-domestic-product-gdp/

                 4     European Chamber of Commerce in China, 2017, ‘China Manufacturing 2025,’ available at                                                        5   Dorcas Wong and Alexander Chipman Koty, May 6, 2019, ‘The US-China Trade War: A Timeline,’ China Briefing, available at
                       http://docs.dpaq.de/12007-european_chamber_cm2025-en.pdf                                                                                         https://www.china-briefing.com/news/the-us-china-trade-war-a-timeline/

7                THE NEW (DIS)ORDERS: EN VISIONING THE COMPLEX FUTURES OF GEOPOLITICS                                                                                                                                                       GLOBAL GOVERNANCE FUTURES 2030                        8
The New (Dis)Orders: Envisioning the Complex Futures of Geopolitics
SCENARIO 1: THE AFTERMATH OF CHINA’S DEATH KISS TO THE IMF AND THE DAWN OF A NEW BIPOLAR ORDER                                                                   SCENARIO 1: THE AFTERMATH OF CHINA’S DEATH KISS TO THE IMF AND THE DAWN OF A NEW BIPOLAR ORDER

            Against the background of major global economic                          In parallel, Chinese technologies that function as                   emitting country in the late 1990s and the 2000s,11in renewable technologies12 and green infrastruc-
            turmoil, a series of like-minded countries and Belt                      platforms for data collection, surveillance and                      this shift has been positively acknowledged by     tures, supported by technologies made and sold
            and Road Initiative 6 (BRI)-dependent stakehold-                         internal repression were increasingly exported                       Western civil society actors.                      by Chinese companies, the narrative has begun
            ers – including a significant share of Latin Ameri-                      to other illiberal regimes. As a result, these states’                                                                  to change in favor of China. In 2030, experts are
            can nations (Mexico, Venezuela, Bolivia, Ecuador,                        leaders have become deeply intertwined with                          The New Global Green Deal, behind which China raising the question: is China the new benign he-
            and Argentina) as well as Ukraine, Poland, Hun-                          China for their hold on to power. A new, and seem-                   is the leading force, serves as the positive exam- gemon in international affairs, succeeding the
            gary, Turkey, Egypt, Indonesia, the Philippines,                         ingly effective governance model of tech-author-                     ple that puts into question the US-held idea that United States in providing common goods to the
            and Iran – were the first set of states that agreed                      itarianism and state-led capitalism has emerged,                     China is the adversary of the West and of West- international community?
            to side with China. Over the course of 2022 and                          challenging the Western model of liberal democra-                    ern values. By providing investment capacity
            2023 these countries exited the IMF and became                           tic market economy.
            members of the GSM. In 2024, a new global finan-
            cial crisis erupted, driven by global debt unsus-                        In retaliation against the new bipolar economic
            tainability,7 a series of ill-conceived financial                        order that emerged after China’s exit from the
            deregulation policies in the US, super-inflated                          IMF, the US demanded that its allies – among
           “Tether’s valuation,” 8 and the burst of the crypto-                      them the UK, Canada, France, Germany, and
            currencies bubble. The IMF, which was weak-                              Japan – refrain from any affiliation with the GSM.
            ened by the exit of countries that followed China,                       Moreover, the US asked that they join forces to
            did not have the economic resources or political                         counter China through a political and economic
            weight to bail out economies hit hard by the 2024                        containment strategy. Scholars call this dynamic
            crisis. The distressed economies – including                             the new ‘Velvet Curtain’.
            Brazil, Italy, Spain, South Africa, Nigeria, Indo-
            nesia, Thailand, and Malaysia – turned toward                            However, disappointed and distrustful of the US
            China and its GSM for economic assistance.                               after years of volatile and reckless international
                                                                                     policy under former President Trump,9 the allies re-
            Starting in 2024 and for the next few years, the                         mained ambiguous and in a hedging policy against
            GSM bailed out distressed economies without                              or in support of the US and China.
            setting a framework of specific conditionalities,
            such as good political governance, plans for In 2030, China has managed to secure a break-
            poverty reduction, public account transparency, through on how it is perceived by outside actors.
            or improvement of financial operations.                It announced the so-called New Global Green
                                                                   Deal, which is hailed as one the most important
            While GSM loans provided short-term financial initiatives of the last decade that helps reverse
            relief to distressed economies, in the medium-to- the global warming trend. Domestically, since                                               Since 2018, China has been making a significant shift toward renewable technologies and low carbon
            long term, the lack of good governance conditionali- 2018 China has been making a significant shift                                           investments. Source: Hahaheditor12667 / Wikimedia Commons
            ty and social distress strengthened various populist towards renewable technologies10 and low carbon
            and authoritarian leaders rise to the political scene. investments. Having been labeled as the top CO2

            6    The World Bank, March 29, 2018, ‘The Belt and Road Initiative’, The World Bank, available at
                 https://www.worldbank.org/en/topic/regional-integration/brief/belt-and-road-initiative

            7    Matt Phillips and Karl Russell, September 12, 2018, ‘The Next Financial Calamity Is Coming. Here’s What to Watch,’ The New York Times,
                 available at https://www.nytimes.com/interactive/2018/09/12/business/the-next-recession-financial-crisis.html

            8    Sylvain Ribes, ‘Tether’s hold on Bitcoin’s liquidity: A risk assessment,’ Medium,
                 https://medium.com/@sylvainartplayribes/tethers-hold-on-bitcoin-s-liquidity-a-risk-assessment-c677c9eb5c3c

            9    Nick Wadhams, David Wainer and Toluse Olorunnipa, September 27, 2018, ‘How an Isolated Trump Insulted Allies and Dismissed
                 the World at UN,’ Bloomberg, available at https://www.bloomberg.com/news/articles/2018-09-27/isolated-trump-insults-allies-dismisses-
                 the-world-at-un-meeting                                                                                                                  11   Robert Rapier, July 1, 2018, ‘China Emits More Carbon Dioxide Than The U.S. and EU Combined,’ Forbes, available at

            10   Institute for Energy Economics and Financial Analysis (IEEFA), January 6, 2017, IEEFA Report: China Set to Dominate U.S.
                 in Global Renewables Boom; $32 Billion in Overseas Investments in 2016 Alone,’ IEEFA, available at                                       12   Tim Buckley and Simon Nicholas, 2017, ‘China’s Global Renewable Energy Expansion,’ Institute for Energy Economics and Financial
                 http://ieefa.org/ieefa-report-china-set-dominate-%E2%80%A8global-renewable-energy-boom-expands-lead-u-s/                                      Analysis (IEEFA), available at http://ieefa.org/wp-content/uploads/2017/01/Chinas-Global-Renewable-Energy-Expansion_January-2017.pdf

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The New (Dis)Orders: Envisioning the Complex Futures of Geopolitics
SCENARIO 2: A GRAND DEVELOPMENT BARGAIN                                                                                                                                                                                                                     SCENARIO 2: A GRAND DEVELOPMENT BARGAIN

Scenario 2:                                                                                                                                                        History of the Future

A Grand                                                                                                                                                                 THE NEW “NEW NORMAL”

                                                                                                                                                                        The trade war between the US and China has put
                                                                                                                                                                        a significant drag on China’s economy. China’s
                                                                                                                                                                                                                                                 in Cape Town, and predicted a flood of investment
                                                                                                                                                                                                                                                 from other global firms into the country and the
                                                                                                                                                                                                                                                 continent.

Development
                                                                                                                                                                        GDP growth slowed down from 6.6 percent in          At the same time, developments in other parts of
                                                                                                                                                                        2018 13 to 4.1 percent in 2022. Private consump-    Africa spurred further investment from tech
                                                                                                                                                                        tion, which generated approximately 40 percent      giants. The continent had one of the highest rates
                                                                                                                                                                        of GDP in 2017,14 decreased by one quarter in 2020  of connectivity in the world, largely due to its

Bargain
                                                                                                                                                                        due to the rising price of imported goods and stag- burgeoning youth who are early adopters and
                                                                                                                                                                        nant wages. Following the US mid-term elections     heavy users of technology (and whose share of
                                                                                                                                                                        in 2018, Democrats took control of the House of     the population had increased by 42 percent in
                                                                                                                                                                        Representatives15 and kicked off a protracted im-   2030). An innovative, multi-purpose, mobile-based
                                                                                                                                                                        peachment effort against Trump. The US increas-     application merging e-commerce, e-payment and
                                                                                                                                                                        ingly withdrew from the world, leaving a huge       other financial and public services on one platform
                                                                                                                                                                        vacuum in the global order. Dealing with a con-     called Wildfire – invented by software develop-
                                                                                                                                                                        tinuing refugee crisis and in an attempt to stem    ers from Kigali and backed by Google – spread
                                                                                                                                                                        the rise of populist candidates, European coun-     across the continent due to its ease of use. This
                                                                                                                                                                        tries decided to cut development aid for Africa by  further facilitated the integration of personal,
                                                                                                                                                                        70 percent, with the funds to be redirected to theireconomic, and social data of the whole conti-
                                                                                                                                                                        own citizens.                                       nent’s population into a single platform. Within a
                                                                                                                                                                                                                            few years, these tech giants were sitting on big
                                                                                                                                                                        AFRICA RISING                                       data with unparalleled insights into the habits
                                                                                                                                                                                                                            and preferences of nearly every single African
                                                                                                                                                                        Cyril Ramaphosa’s election as South Africa’s pres- who is connected to the internet (at 1.7 billion
                                                   World Bank faces existential                                                                                         ident in 2019 heralded a new era for the country: people, they represent almost 20 percent of the
                                                       crisis after massive
                                                       corruption scandal                                                                                               his radical economic transformation plan, already world’s population).
2019                                                                                                              2027                               2029
                                                                                                                                                                        initiated ahead of his inauguration, created an in-
                        2021                                  2023                       2025
                                                                                                                                                                        vestment-friendly environment. As South Africa In Lagos, a start-up biotech company success-
            2020                            2022                           2024                        2026                       2028                                  looked to increase its value-added trade profile, fully developed a low-cost technology that rever-
                                                                                                                                                            2030
                                                                                                                                                                        it targeted high-tech firms. Google, long having ses declining agricultural productivity in Nigeria,
       • App hits 50 million users                                                                                                                                      struggled to get a foothold in the country due to which was Africa’s largest rice importer16 until
       • Wildfire devours South Africa
                                                                                                                                                                        the difficult enabling environment and political several years ago. Investment started to pour
                                                                                                                                                                        instability, heralded the new policy as “a big win into Africa from all over the world to tap into this
                                             Africa tr
                                                      a
                                                                                                                                                                        for the country and the continent” while announc- new technology and scale it to a global level.
                                            digital a nsformed into
                                                     nd finan
                                                              cial hub                                                                                                  ing the opening of its southern global headquarters

                                            • China’s economic slowdown – causing temporary disengagement from Africa
                            • EU’s refugee crisis – aid resources diverted for their citizens to stem the rise of populism • WB Existential Crisis
                                 • US adopts self-imposed isolation (minimal engagement with the world to focus on internal affairs)
                                                                                                                                                                        13   Huileng Tan, January 20, 2019, ‘China’s economy grew 6.6% in 2018, the lowest pace in 28 years,’ CNBC, available at
                                                                                                                                                                             https://www.cnbc.com/2019/01/21/china-2018-gdp-china-reports-economic-growth-for-fourth-quarter-year.html

                                                                                                                                                                        14   Martin Wolf, May 29, 2018, ‘Consumption to replace investment as key to China growth,’ Financial Times, available at
                                                                                                                                                                             https://www.ft.com/content/627ab75c-4256-11e8-97ce-ea0c2bf34a0b

                                                                                                                                                                        15   BBC, November 7, 2018, ‘Mid-term elections: Democrats win House in setback for Trump,’ BBC News, available at
                                                                                                                                                                             https://www.bbc.com/news/world-us-canada-46120373

                                                                                                                                                                        16   Ruth Olurounbi, November 14, 2018, ‘Nigeria Seen as Biggest Rice Buyer in 2019, Behind China,’ Bloomberg, available at
                                                                                                                                                                             https://www.bloomberg.com/news/articles/2018-11-14/usda-sees-nigeria-rice-imports-increasing-to-3-4m-tons-in-2019

11               THE NEW (DIS)ORDERS: EN VISIONING THE COMPLEX FUTURES OF GEOPOLITICS                                                                                                                                                              GLOBAL GOVERNANCE FUTURES 2030                     12
The New (Dis)Orders: Envisioning the Complex Futures of Geopolitics
SCENARIO 2: A GRAND DEVELOPMENT BARGAIN                                                                                                                                                SCENARIO 2: A GRAND DEVELOPMENT BARGAIN

           In 2022, President Kenyatta of Kenya, the acting        In 2023, Amazon announced the creation of Afro-      THE WORLD BANK’S EXISTENTIAL CRISIS                     into a poster child of what’s possible when devel-
           chairman of the African Union, announced the            Pay, an e-payment platform for Amazon’s business                                                             opment is driven by big data. Previous develop-
           implementation of the African Continental Free          across Africa. In addition to e-payment technol-     In 2019, Jim Young Kim announced his resignation        ment efforts have failed partly because of the lack
           Trade Agreement, allowing for free movement of          ogy, Afro-pay also provided credits to its consu-    from the World Bank Group (WBG) to join a pri-          of big data. The big data now driving the strate-
           goods, services, capital, and people across the         mers in an effort to increase financial inclusion.   vate infrastructure investment firm, three years        gies and operations of most global value chains is
           continent. Migration flow from Africa to Europe         Within two years, top e-commerce platforms all       ahead of the end of his term. In a note to the staff,   the missing link that will turbocharge develop-
           slowed down significantly due to new opportuni-         over Africa, including Wildfire, Jumia, Kilimall,    Kim mentioned that working with the private sec-        ment impacts by ensuring development inter-
           ties across the continent. Long suffering from the      Takealot, Konga, Bidorbuy, and many brick-and-       tor “is the path through which I will be able to        ventions are tailor-made and laser-focused.” The
           restrictive nature of trade in goods and services,      mortar businesses, began to use Afro-pay as the      make the largest impact on major global issues          amount of available digital data was projected to
           the private sector welcomed the announcement.           main form of payment. Africa, the last frontier of   like climate change and the infrastructure deficit      increase by 40 percent annually. This approach
           The private sector has always viewed African            global capitalism, had been transformed into the     in emerging markets.” Kim’s abrupt departure trig-      stood in stark contrast to the one-size-fits-all
           countries as its ‘last frontier’ with significant fu-   new digital and financial hub of the South.          gered a soul-searching journey for an institution       development policy prescriptions employed by
           ture potential growth, considering demographic                                                               that had long struggled to maintain its legitimacy      many multi- and bilateral development partners.
           trends and the sheer size of the continent.                                                                  and relevance within an expanding universe of de-
                                                                                                                        velopment banks. His successor, nominated by the        The Amazon Foundation was focused on ensur-
                                                                                                                        Trump administration, lacked broad-based sup-           ing financial inclusion for the poor in Africa. For
                                                                                                                        port from key stakeholders. In 2024, despite strong     example, in 2025 real-time feedback from users
                                                                                                                        advocacy for substantial reforms in the Bank’s          of Afro-pay (such as late payment or default) in
                                                                                                                        internal governance – particularly its voting struc-    Lagos provided the Foundation with early warn-
                                                                                                                        ture – by China and other developing countries, the     ing on financial distress among its consumers,
                                                                                                                        Board of Directors re-appointed David Malpass           which enabled it to provide relevant assistance
                                                                                                                        who insisted on doing business as usual.                just in time. The success of this new development
                                                                                                                                                                                model led other mega private foundations (such
                                                                                                                        In 2023, there were a series of unprecedented cy-       as Chan-Zuckerberg Initiative and Google Foun-
                                                                                                                        berattacks against the Bank, which resulted in a        dation) to flock to Africa in the ensuing years.
                                                                                                                        leak of 20 million confidential documents detail-       These tech foundations were acutely aware that
                                                                                                                        ing in myriad ways how top officials at the World       ensuring Africa’s prosperity and continued devel-
                                                                                                                        Bank had embezzled $100 million in development          opment was in line with their strategic interests
                                                                                                                        aid intended for fragile and conflict-affected coun-    (and those of their corporate parents). A prosper-
                                                                                                                        tries. Faced with unrelenting criticisms and calls      ous Africa was not only an effective public rela-
                                                                                                                        for its dissolution, the management of the World        tions campaign but also a necessary precondition
                                                                                                                        Bank Group was determined to ensure that the            for their corporate parents’ bottom line. Having
                                                                                                                        institution would become relevant again by em-          noticed the outsized role of these new titans of
                                                                                                                        barking on the most ambitious reform initiative         development, the African Union unveiled a new
                                                                                                                        undertaken in its history.                              Public-Private Partnership for Development to
                                                                                                                                                                                pool the resources of these private foundations
                                                                                                                        RISE OF THE TECH TITANS OF DEVELOP-                     under a common development agenda.
                                                                                                                        MENT
                                                                                                                                                                                NEW WINE IN AN OLD BOTTLE
           In Lagos, a start-up biotech company successfully developed a low-cost technology that reverses declin-      In 2020, Jeff Bezos announced the establishment
           ing agricultural productivity in Nigeria.                                                                    of the Amazon Foundation with an initial endow-         At the World Bank’s Spring Meeting in 2030, Jeff
                                                                                                                        ment of $75 billion, making it the largest private      Bezos, the WBG’s new president who retired
                                                                                                                        foundation in the world. Bezos, in his announce-        from Amazon in his quest for a new challenge, an-
                                                                                                                        ment, highlighted the ongoing big data revolu-          nounced that a major reform proposal that was
                                                                                                                        tion on the African continent, which could be har-      submitted to the Board of Governors a year later
                                                                                                                        nessed to generate actionable insights for public       had been unanimously approved. The Bank’s Ar-
                                                                                                                        goods, as a key driver for this initiative.             ticles of Agreement, which were last amended in
                                                                                                                                                                                1989, divides the majority power between govern-
                                                                                                                        “Tech companies are sitting on a mountain of big        ments and the private sector, both of which con-
                                                                                                                        data that has the potential to transform Africa         stitute a supermajority. No major decisions can

13         THE NEW (DIS)ORDERS: EN VISIONING THE COMPLEX FUTURES OF GEOPOLITICS                                                                                                  GLOBAL GOVERNANCE FUTURES 2030            14
SCENARIO 2: A GRAND DEVELOPMENT BARGAIN                                                                                                                                                                              SCENARIO 3: THE INDO-PACIFIC AND THE NEW GREAT GAME

                                                                                                                          Scenario 3:
           be undertaken without the consent of either party.    member countries, thus effectively doubling the
           All powers of the Bank are vested in the Board of     WBG’s capital. The five largest capital contributors
           Governors, who delegate its duties to 25 Execu-       from the private sector (led by the tech compa-
           tive Directors: 12 directors shall represent member   nies) each appoint an executive director while the

                                                                                                                          The Indo-Pacific
           countries, 12 directors shall represent the private   remaining executive directors will be elected by
           sector, and 1 director shall represent non-govern-    the remaining private sector representatives. The
           mental civil society. Bezos, as quoted by the Wa-     civil society representative acts to provide checks
           shington Post, said: “Development without big data    and balances while ensuring the interests of other
           is impossible. To truly make an impact, the public    relevant stakeholders are taken into account. The

                                                                                                                          and the New
           and private sectors need to be an equal partners,     executive director representing civil society orga-
           not an estranged couple.”                             nizations is elected by all participating civil soci-
                                                                 ety organizations at five year intervals.
           The five largest sovereign shareholders (calcu-

                                                                                                                          Great Game
           lated as a share of capital contributions) each ap-    For the first time in the history of the Bank, the
           point an executive director, while other member        private sector is on an equal footing with govern-
           countries are represented by executive directors       ments in driving the development agenda. The
           elected every five years. The private sector provi-   ‘New’ World Bank Group has been reborn with the
           des an equal amount of capital contribution with       scale, capacity, and resources to match its ambition.

 The Bargain                                                                                                                                In this scenario, we foresee a clear shift toward                              fewer treaty-based, legally binding agreements
                                                                                                                                            militarization and conflict across Asia due to                                 and a proliferation of makeshift security, politi-
                                                                                                                                            uncertain patterns of economic, political, and                                 cal, and economic relationships. Water conflict
                                                                                                                                            military multi-polarity, combined with a diver-                                in South Asia turns up the heat on a new great
                                                                                                                                            gence in opinion on the ‘appropriate’ distribution                             game with Asian countries (e.g., the India-Paki-
                          Private Sector                                                                                                    of power in the region and multilateral fora. The                              stan nexus, China, and Japan) as the primary
                                                                                   World Bank                                               traditional alliance system is challenged, with                                protagonists.
                     (Led by Tech Companies)

                        Access to WBG Policymaking                           Access to Big Data

                        Prestige & Legitimacy                                Bigger Development Impact

                                                                                                                                 US & NATO withdraw
                                                                                                                                  from Afghanistan                                                                                               Non-western
                                                                                                                                                              Pakistani                                                                     institutions paralyzed
                        Data Sharing                                         Board Seats                                                                    agricultural/
                                                                                                                                                           economic crisis
                                                                                                                          2019                      2021                                    2023                    2025                2027                         2029

                                                                                                                                       2020                           2022                                2024                 2026                   2028
                                                                                                                                                                                                                                                                            2030
                                                                                                                                               India’s invetment in
                                                                                                                                                                                                                                        Quad+
                                                                                                                                              technology catalyzes
                                                                                                                                                                                                                                      Coalitions
                                                                                                                                                     growth
                                                                                                                                                                                                                                       formed

                                                                                                                                                                                                                           China-Pakistan
                                                                                                                                                                                                                             Economic
                                                                                                                                                                                                                              Corridor
                                                                                                                                                                                                                             militarized

                                                                                                                                                                                                          gins to
                                                                                                                                                                                             tes army, be
                                                                                                                                                                             Japan reinsta y in Indo-Pacific,
                                                                                                                                                                                     m ili ta ril
                                                                                                                                                                             engage                by US
                                                                                                                                                                                     suppor ted

15         THE NEW (DIS)ORDERS: EN VISIONING THE COMPLEX FUTURES OF GEOPOLITICS                                                                                                                                             GLOBAL GOVERNANCE FUTURES 2030                  16
SCENARIO 3: THE INDO-PACIFIC AND THE NEW GREAT GAME                                                                                                                                            SCENARIO 3: THE INDO-PACIFIC AND THE NEW GREAT GAME

 The Indo-Pacific is a Military                                                                                           Balancing Powers
 Theater for the India-China
 Rivalry
                                                                                                                               A preponderance of power concentrated in either                    joint ‘development cooperation’ projects across
                                                                                                                               India or China’s hands threatens the economic                      sub-Saharan Africa, which often yield more
                                                                                                                               and security interests of high-income countries,                   publicity than concrete results when compared
            Investments in cybersecurity, combined with ac-         in construction, have sustained economic growth            each of which pursue piecemeal negotiations and                    to Chinese investments. Meanwhile, Russia has
            celerated domestic development and overseas in-         and domestic consumption. With the increased               partnerships on a case-by-case basis. Accordingly,                 searched for opportunities to partner with India
            vestments in raw commodities across Africa has          economic parity between India and China, re-               the United States, Australia, Japan, France, and                   or China to secure new energy and defense con-
            made India the world’s second largest economy,          gional tensions flare and each country’s involve-          other countries in the European Union (especially                  tracts for Russia’s own state-owned companies.
            after China. From Bangalore to Hyderabad, Mum-          ment in third countries in the Indo-Pacific lead           Germany) have prioritized continued parity be-                     Russia acts in concert and competition with the
            bai to Chennai, India has harnessed tech hubs to        to military standoffs, such as over water disputes         tween China and India. In lieu of multilateral fo-                 United States, the European Union, Australia,
            drive growth, expand jobs, and increase access to       in Pakistan and China’s military use of the port in        ra, bilateral engagements and military exercises                   and Japan (who also compete against one another).
            education and healthcare, as well as become the         Sri Lanka. An arms race between China and India            among a narrow sub-group of countries like the                     Despite their former roles on the world stage, as
            global pioneer of technological innovations in the      has escalated, both in cyberspace and conventio-           Quad 4 (Japan, Australia, the US, and India), have                 well as their continued political and economic
            defense sector. China’s domestic growth rate has        nal arms.                                                  become the primary modus operandi of coopera-                      strengths, the United States, the EU and Russia
            slowed but its overseas investments, particularly                                                                  tion. Simultaneously, other groups of countries                    display neither the capacity nor the political will
                                                                                                                               have emerged (like China, Russia, Pakistan, and                    to play a decisive role in resolving the proxy
                                                                                                                               Iran). Outside the Indo-Pacific, the United States,                conflicts that flare in Asia, given the critical roles
                                                                                                                               the European Union, Japan, and India engage in                     of India and China.
 Stalemate of ‘Reformed’
 Multilateral Institutions
                                                                                                                          History of the Future

            After significant lobbying efforts, India assumed       reducing the shares of countries in Europe (Italy,
            a permanent seat on the United Nations Security         Spain, Belgium, and Poland) and the Western                Pakistan secured economic and military assis-                      In 2023, a rogue Pakistani group attacked Indian
            Council – as have Germany, Brazil and Japan.            Hemisphere (Canada, the Caribbean Islands, and             tance from China, and Beijing has entered the                      dams on its eastern border, ostensibly to secure
            The so-called G4 nations supported each other’s         even the United States – though the US remains             India-Pakistan nexus by 2030. China formalized                     the water necessary for farming. In response,
            bids for a permanent seat, with the support of the      the largest single shareholder). As a result of the        its security partnership with Pakistan in 2026,                    India conducted narrow, surgical attacks along
            United Kingdom, France, Russia, and the United          more inclusive governance, as well as the regio-           thereby militarizing an economic partner­ship, the                 Pakistan’s borders. For the preceding three years,
            States. They also fractured the so-called Uniting       nal rivalries concentrated in Asia, international          China-Pakistan Economic Corridor (CPEC). With                      an extended drought combined with a financial
            for Consensus coalition, once composed of re-           institutions and multilateral negotiations result          Chinese boots on the ground, Pakistan called for                   crisis paralyzed Pakistan’s agriculture, the second
            gional rivals to the G4. India has also significantly   in more acrimony than achievements. Growing                – and received – greater investment in construc-                   largest sector of its economy. Between 2019 and
            increased its quotas in Bretton Woods Institu-          distrust between India and China paralyzes even            tion from China; enclave cities of sky­scrapers                    2022, India built elaborate dams on the Indus
            tions, not enough to block votes on its own, but        non-Western blocs, such as the New Develop-                emerge in Pakistan’s remote south­western prov-                    River, upon which Pakistan’s agriculture depends,
            enough to align with other countries to block           ment Bank and the Asian Infrastructure Invest-             ince of Balochistan. (As many of these skyscrap-                   thus compromising the Indus Water Treaty17 that
            projects proposed by China in the World Bank            ment Bank. Opportunities for consensus are                 ers lack occupants, a Pakistani wo­man publishes                   had secured a fragile peace since 1960. At the
            and International Monetary Fund (IMF). In the           limited to those few geographic areas and issue            a novel about the province’s new “Ghost Cities”                    same time, China has sponsored and built dams
            IMF, India increased from three percent of all          areas that fall outside their respective spheres of        before being exiled to London.) To stabilize the re-               on the Brahmaputra River, which originates on
            voting shares in 2019 to ten percent in 2023, thus      interest.                                                  gion for further development, China has engaged                    the northern side of the Himalayas in Tibet and
                                                                                                                               in trilateral cooperation with Pakistan and defense                flows through China, India and Bangladesh. To
                                                                                                                               initiatives in Afghanistan, filling the void left by               halt the escalation of conflict over water resources
                                                                                                                               the United States as it withdraws from the region’s                across the region, the World Bank (which brokered
                                                                                                                               most conflict-ridden areas.                                        the original Indus Water Treaty) advocated for a

                                                                                                                               17   See https://www.britannica.com/topic/Indus-Waters-Treaty

17          THE NEW (DIS)ORDERS: EN VISIONING THE COMPLEX FUTURES OF GEOPOLITICS                                                                                                                   GLOBAL GOVERNANCE FUTURES 2030               18
SCENARIO 3: THE INDO-PACIFIC AND THE NEW GREAT GAME                                                                                                                                            FROM SCENARIOS TO POLICY PROJECTS

                                                                                                                         From Scenarios
            renewed treaty and peace talks between the             United States, Japan has proactively engaged in
            Pakistan and India, but all attempts failed by         military operations across the Indo-Pacific region
            2026. The Times of India and Dawn repeatedly           and strengthened security partnerships among
            publish articles entitled “Water Wars,” warning        so-called Quad nations. Based on these emergent

                                                                                                                         to Policy Projects
            of imminent nuclear escalations, as well as the        security ties, makeshift Quad+Coalitions formed
            dire environmental consequences of the dams on         in 2027; France often invites Germany and other
            the agriculture (and economies) of South Asia.         members of the European Union to participate in
                                                                   joint exercises. Even as India formally maintains
            To fulfill his pledge during his re-election cam-      its ‘non-alignment’ posture, the Quad+Coalition
            paign, newly re-elected President Trump drew           does not engage in combat but does conduct joint
            down the US presence and NATO investments in           military exercises in the Indian Ocean, from
            Afghanistan in 2020. Widespread intra-tribal vio-      Djibouti to Timor-Leste. Amid a public backlash
            lence and violence against women and girls in that     to Chinese investments in sub-Saharan Africa,           Scenarios are used to make possible future devel-     future threats and working towards realizing
            country has escalated. The New York Times pub-         India also sought to partner with select Quad+          opments imaginable and to define the plausible        opportunities that are not yet clearly visible. Our
            lished Nicholas Kristof’s column on Afghanistan        countries to secure lucrative contracts to natural      range of what could happen. Foresighting the          policy projects are ideas about how to make
            entitled, “The Graveyard of Empires & Women’s          resources. In 2025, Sri Lanka’s Daily Times ran         futures of global order – however interesting and     policy intervention happen by identifying key
            Rights.” As part of “regional rebalancing,” and to     an article entitled, “India Signals to China Across     insightful – was not an end in itself. Our ultimate   sponsors, partners, and resources, and creating
            encourage India to play a more active role in Afgha-   the Bow.”                                               aim was to create concrete policy projects which      the political mobilization to make change happen.
            nistan, President Trump, with Russia’s support,                                                                prepare for the future by avoiding or mitigating
            agreed to increase India’s voting shares in the       From 2019 until 2030, India has worked with
            World Bank and IMF; both countries advocated          European countries and Japan to block any
            for and secured India’s permanent seat on the         World Bank projects involving Chinese state-
            United Nations Security Council, as well as the       owned construction firms, while China contin-
            other members of the G4 (Germany, Brazil and          ues to veto India-sponsored resolutions in the
            Japan).                                               United Nations. Governance reforms have simul-
                                                                  taneously increased participation but curtailed
            After securing a coveted seat on the UN Security opportunities for consensus; the United States
            Council, Japan’s newly elected government in and European countries question the value and
            2023 succeeds in abolishing the restrictions on effectiveness of multilateral fora. In turn, high-
            its military. Diverse political parties – the Liberal income and low-income countries alike band-
            Democratic Party, the Japan Restoration Party, wagon with China and India on a case-by-case
            the Democratic Party, the People’s New Party, basis, signing limited bilateral defense and trade
            and Your Party – worked together to amend Arti- agreements. In order to describe their continued
            cle 9 of the constitution by leveraging popular relevance but increasingly peripheral roles in the
            anxiety over China’s expanding military and Indo-Pacific, analysts describe the USA, the EU
            economic presence through the Belt and Road (and its member countries) and Russia as ‘balanc-
            Initiative, particularly Chinese investments in ing powers’.
            South Asia. With support from its closest ally, the

19          THE NEW (DIS)ORDERS: EN VISIONING THE COMPLEX FUTURES OF GEOPOLITICS                                                                                                  GLOBAL GOVERNANCE FUTURES 2030            20
POLICY PROJECT 1: CAPE TOWN SAFER TECH INITIATIVE                                                                                                                                    POLICY PROJECT 1: CAPE TOWN SAFER TECH INITIATIVE

Policy Project 1:
                                                                                                                          Examples of key partners in each category are:             The primary goal of the convention is to raise
                                                                                                                                                                                     awareness of the issue, at a global scale, and
                                                                                                                          ›› States (France, the US, Germany, Japan, South           create a set of incentives for states to adopt
                                                                                                                             Korea, Canada, Australia, Singapore, South              shared standards and best practices for the good

Cape Town Safer
                                                                                                                             Africa, Colombia);                                      use of technologies.
                                                                                                                          ›› NGOs (Privacy International, Transparency In-
                                                                                                                             ternational, Influence Watch);                          Moreover, the Cape Town Convention represents
                                                                                                                          ›› Think Tanks (The Center for Strategic and In-           a ‘Track 1.5’ dialogue platform to discuss parame-
                                                                                                                             ternational Studies, Council on Foreign Rela-           ters for the good use of technology and to lay the

Tech Initiative
                                                                                                                             tions, Brookings Institute, Centre for European         groundwork for the development of a new global
                                                                                                                             Policy Studies);                                        governance index on the good use of technology.
                                                                                                                          ›› Tech companies (Microsoft, Google, Apple,
                                                                                                                             Facebook, IBM);                                         As a third step, the Safer Tech Initiative creates
                                                                                                                          ›› Start-ups (Ever AI, Faceter);                           the Tech Intelligence Unit, composed of an
                                                                                                                          ›› Venture Capital funds (Charles River Ventures           independent group of world-leading technology
                                                                                                                             (CRV), Qualcomm Ventures, Sequoia, Tencent              experts and scholars. The group is responsible
            The deliverable of this policy project is the Safer                                                              Holdings).                                              for producing and publishing the annual Safer
            Tech Index, a governance index for the good use                                                                                                                          Tech Index.
            of technology, a new and innovative global moni-                                                              As a second step, a group of multi-stakeholder ac-
            toring and measuring tool.                                                                                    tors (political, private, and civil society) partici-      While the purpose of the index is new and inno-
                                                                                                                          pate in the Safer Tech Convention, held in Cape            vative, its general structure and framework is
                                                                                                                          Town. The convention is organized and funded by            based on existing models of governance indexes,
                                                                                                                          the three foundations and major tech companies.            such as the World Bank’s Worldwide Governance
 Intervention                                                                                                                                                                        Indicators.18

            As a first step, the project proposes the establish- ›› The Musk Foundation (created in 2002) is re-     Deliverables
            ment of the Safer Tech Initiative, led and managed      spected for science and engineering education.
            by a coalition of three powerful foundations (the ›› The Mo Ibrahim Foundation (created in 2006)
            Musk Foundation, the Mo Ibrahim Foundation,             is already recognized for the Ibrahim Index of
            and the Obama Foundation). The mandate of this          African Governance, and focuses on good gover-        The Safer Tech Index becomes the global refer-             that encourage the good use and governance of tech-
            coalition is aligned with the core missions of the      nance in Africa;                                      ence measuring and evaluating states’ gover-               nologies at a domestic level. By doing so, states
            three groups:                                        ›› The Obama Foundation (created in 2014) fo-            nance on the good use of technology within a               meet their goals in being highly rated in the Safer
                                                                    cuses on next generation education and global         short period of time. As such, it plays the role of a      Tech Index.
                                                                    challenges.                                           global standard for the good governance of the
                                                                                                                          use of technology. And although a few illiberal      The Tech Intelligence Unit also provides capaci-
                                                                                                                          democracies contest its validity and relevance,      ty-building trainings in several countries for the
                                                                                                                          the Safer Tech Index serves as a key reference       good governance of the use of technology, estab-
 Partners                                                                                                                 point and is included in countries’ ratings.         lishing a scholarship scheme for public servants
                                                                                                                                                                               and students from interested countries to apply
                                                                                                                          Moreover, the index serves as an important in- so they can pursue academic projects on subjects
                                                                                                                          centive for states’ policymakers to develop policies relevant to this field.
            The initiative also relies on support from a broad
            group of stakeholders: like-minded states, NGOs,
            think tanks, universities, leading tech companies,
            innovative start-ups, and venture capital funds.

                                                                                                                          18   See https://info.worldbank.org/governance/wgi/#home

21          THE NEW (DIS)ORDERS: EN VISIONING THE COMPLEX FUTURES OF GEOPOLITICS                                                                                                      GLOBAL GOVERNANCE FUTURES 2030           22
POLICY PROJECT 1: CAPE TOWN SAFER TECH INITIATIVE                                                                         POLICY PROJECT 2: DEMOCRATIZING POLICYMAKING AT THE WORLD BANK GROUP THROUGH DIVERSITY

                 INTERVENTION
                                                SAFER TECH INITIATIVE
                                           led by coalition of global foundations
                                                                                    TECH INTELLIGENCE
                                                                                           UNIT         Policy Project 2:
                  DELIVERABLES
                                        SAFER TECH CONVENTION
                                        SAFER TECH INDEX (published annually)
                                        CAPACITY-BUILDING PROGRAM
                                        SCHOLARSHIP SCHEME
                                                                                                        Democratizing
                   OUTCOMES
                                        RAISED AWARENESS
                                        INCENTIVE TO DEVELOP POLICIES THAT ENCOURAGE GOOD
                                        USE & GOVERNANCE OF TECHNOLOGY
                                                                                                        Policymaking at
                     IMPACT
                                        BETTER USE & IMPROVED GOVERNANCE OF TECHNOLOGY                  the World Bank
            The Cape Town Safer Tech Initiative in a nutshell.
                                                                                                        Group Through
                                                                                                        Diversity
                                                                                                             This policy project is designed to capitalize on                        the representation of low- and middle-income coun-
                                                                                                             the opportunity to revitalize the Bretton Woods                         tries within the Bank’s staff composition in order
                                                                                                             institutions (particularly the World Bank Group)                        to reshape the Bank into a more inclusive, account-
                                                                                                             through a more inclusive management structure                           able and responsive institution that better reflects
                                                                                                             and more democratic policy-making. Management                           the changing global order.
                                                                                                             reform of the World Bank is critical to increase

                                                                                                        Objectives

                                                                                                             Reform of the World Bank Group (WBG) has long                           development policy making since they are the
                                                                                                             been a contentious issue. Middle and low-income                         Bank’s core clients and therefore most affected
                                                                                                             countries have been seeking greater representa-                         by its decision-making. 19 Yet, previous reform
                                                                                                             tion and influence in the Bank’s lending and                            efforts have been hampered by political economy

                                                                                                             19   The New York Times Editorial Board, May 17, 2015, ‘Past Time to Reform Bretton Woods,’ the New York Times, available at
                                                                                                                  https://www.nytimes.com/2015/05/17/opinion/sunday/past-time-to-reform-bretton-woods.html

23          THE NEW (DIS)ORDERS: EN VISIONING THE COMPLEX FUTURES OF GEOPOLITICS                                                                                                       GLOBAL GOVERNANCE FUTURES 2030                       24
POLICY PROJECT 2: DEMOCRATIZING POLICYMAKING AT THE WORLD BANK GROUP THROUGH DIVERSITY                                                   POLICY PROJECT 2: DEMOCRATIZING POLICYMAKING AT THE WORLD BANK GROUP THROUGH DIVERSITY

            constraints within the Bank: countries owning        these proposals have not had much success. This               should conduct a genuine consultation process            tices, SMART (specific, measurable, agreed-upon,
            the largest voting shares (and thereby policy-       policy project is aimed at increasing the represen-           with key stakeholders to create an effective imple-      realistic, and time-based) targets, concrete diver-
            making power) within the institution have been       tation of middle and low-income countries within              mentation strategy, which ideally will include a         sity parameters (nationalities, gender and skills),
            reluctant to cede control to other member coun-      the Bank staff to foster a more inclusive, account-           thorough review of current HR policies and prac-         and an annual monitoring and evaluation process.
            tries since doing so could potentially undermine     able and responsive institution that better reflects
            their strategic interests. However, failure to       its client base without amendments to its gover-
            reform the institution will further alienate the     nance structures. Contrary to other reform pro-
            Bank from its core clientele, rendering the insti-   posals, this policy project will focus on affecting      Partners
            tution irrelevant, and will ultimately threaten its  change at the Bank at the senior management and
            sustainability.                                      staff level, rather than at the board level. This in-
                                                                 tervention will be financed by a multi-donor trust
            Many of the WBG’s reform proposals have been fund sponsored by developing countries paired                         The approach to implementing this policy project         and Scandinavian countries – all of whom have
            aimed at its governance structure, voting power with a matching contribution from the Bank’s bud-                  is three-pronged: first, directly engaging with          generally supported reform efforts within the
            allocation, and capital contribution. Due to entren- get and is two-fold:                                          key policy makers at the WBG; second, identify-          WBG in the past.
            ched interests and intense politicization, many of                                                                 ing and partnering with natural allies within the
                                                                                                                               Bank (e.g., the staff association); and thirdly, rais-   World Bank Group staff association: The
                                                                                                                               ing awareness through public advocacy.                   Bank’s staff association will be a key partner in
                                                                                                                                                                                        promoting the proposal internally.
                                                                                                                               Key policymakers at the World Bank Group:
                                      BOARD
                                                                                                                               Several of the Bank’s executive directors, repre-        Public advocacy: The policy proposal will be
                                        OF                                                                                     senting countries that are more naturally                disseminated to the relevant audience in the
                                    DIRECTORS                     ›› Middle of the pyramid: Launch diversity re-               inclined to support the proposed changes and put         public sphere (through policy papers and op-eds)
          Intervention Target
                                                                     cruitment campaigns for senior management                 forward the proposal to the Board, should be             to establish a coalition among external stake-
                                                                     (manager-level and above) with a target of increa-        strategically engaged. Potential executive direc-        holders, such as civil society, academics, and the
                                   SENIOR
                                 MANAGEMENT                          sing the percentage of managers from emerging             tors will include those representing Brazil,             media, who will then pressure the institution
                                                                     markets (particularly from Sub-Saharan Africa)            Russia, India, China, and South Africa (BRICS)           from the outside and promote this proposal.
                                Diversity recruitment
                                                                     from 43 percent in 2018 to 60 percent by 2025.
                                    campaigns

                                                                  ›› Bottom of the pyramid: Provide scholarships
                                                                     for young professionals and recent graduates
                                       STAFF
                                                                     from emerging markets to acquire a postgradu-
                      Scholarships for young professionals from                                                                                             DIVERSITY RECRUITMENT CAMPAIGNS FOR WORLD BANK
                                                                     ate degree at their top national and regional uni-
                      emerging markets + employment contracts                                                                                               SENIOR MANAGEMENT
                                                                     versities combined with an employment con-
                                                                     tract with the Bank.                                                                   SCHOLARSHIPS FOR YOUNG PROFESSIONALS & RECENT
                                                                                                                                    INTERVENTION            GRADUATES FROM EMERGING MARKETS + EMPLOYMENT
                                                                                                                                                            CONTRACTS

 Intervention                                                                                                                                               INCREASED REPRESENTATION OF MIDDLE- & LOW-INCOME
                                                                                                                                                            COUNTRIES AMONG WORLD BANK STAFF
                                                                                                                                      OUTCOMES

            Promoting change at this scale requires a sus-­       dency unit, its staff association, the WBG’s coun-
            tained commitment from the top, which involves        try offices, and developing countries’ finance/                                           MORE INCLUSIVE, ACCOUNTABLE AND RESPONSIVE WORLD BANK
            securing buy-in from the Bank’s board of direc-       central bank ministries. The Bank has under-                                              THAT BETTER REPRESENTS A CHANGING WORLD ORDER
                                                                                                                                        IMPACT
            tors, president, and senior management. Its           gone major internal reforms that were primarily
            implementation will also require establishing a       imposed from the top and resulted in discontent,
            solid partnership between key stakeholders, such      mistrust, and resistance from staff. To avoid a
            as the Bank’s human resources (HR) vice-presi-        similar fate, the board, led by senior management,           Proposed management reform of the World Bank Group in a nutshell.

25          THE NEW (DIS)ORDERS: EN VISIONING THE COMPLEX FUTURES OF GEOPOLITICS                                                                                                         GLOBAL GOVERNANCE FUTURES 2030           26
POLICY PROJECT 3: GLOBAL FUTURES DIALOGUE                                                                                                                                             POLICY PROJECT 3: GLOBAL FUTURES DIALOGUE

Policy Project 3:
Global Futures
Dialogue
            This policy project is designed to mitigate the      and non-governmental organizations, organized
            threat of sub-regional conflicts with global spill-  by an independent, non-profit think tank with
            over effects, which exacerbate disagreements over    financial support from diverse funding sources.
            power distribution on the world stage. More con-     The aim is to bring together young leaders from
            cretely, the project addresses the risk of conflict  countries that carry considerable weight on the
            between India and Pakistan triggered by envi-        global stage but currently interact with each
            ronmental factors (water scarcity), which would      other in limited, narrow ways. The Global Futures
            require a sustained engagement with key global       Dialogue (GFD) policy project will be a platform
            players (such as Iran, Russia, the EU, and the US).  facilitating dialogue among emerging voices from
            A critical missing link to prevent or minimize       conflicting countries and sub-regional groups,
            such conflict is trust and social capital among      which directly impact the global order. Partici-
            diverse actors relevant to the regional conflict in  pating countries should include: China, India,           The Global Futures Dialogue (GFD) policy project will be a platform facilitating dialogue among emerg-
            South Asia, who currently lack opportunities to      Iran, Japan, Pakistan, Russia, Turkey, the United        ing voices from conflicting countries and sub-regional groups, which directly impact the global order.
            engage.                                              States, and two countries selected from across
                                                                 the European Union and United Kingdom. Initial
            This policy project aims to create an annual, multi- topics could include: climate change, humanitar-
            lateral dialogue platform among emerging leaders ianism, and natural resource management.
            from government, the private sector, academia,                                                           Objectives

                                                                                                                          1. Cultivate dialogue on pressing geopolitical       societies advocating for cooperation and peace-
                                                                                                                             issues among ten countries that lack track        ful conflict resolution across the countries in
                                                                                                                             I and II level engagements. The professional      question, particularly pertaining to natural re-
                                                                                                                             network will help mitigate the threats of mis-    sources.
                                                                                                                             trust born of limited people-to-people ties
                                                                                                                             between significant, relevant countries across 2. Empower diverse young leaders with con-
                                                                                                                             volatile geo­g raphic regions. In theory, build-  crete forecasting tools to apply future
                                                                                                                             ing these connections will reduce the likeli-     cooperation on issues of shared concern.
                                                                                                                             hood of conflict in the future, by creating more  Young leaders will draw on their GFD experi-
                                                                                                                             obstacles and voices advocating for peace and     ences to influence foreign policy, if not in the im-
                                                                                                                             caution before violence erupts. Currently, there  mediate time frame, then in the long term. This
                                                                                                                             are insufficient voices within the participating  may not be quantitatively or readily apparent.

27          THE NEW (DIS)ORDERS: EN VISIONING THE COMPLEX FUTURES OF GEOPOLITICS                                                                                                 GLOBAL GOVERNANCE FUTURES 2030            28
SCENARIO 3: THE INDO-PACIFIC AND THE NEW GREAT GAME                                                                                                                                  POLICY PROJECT 3: GLOBAL FUTURES DIALOGUE

              A Pakistani fellow may pick up the phone to             and written); intercultural engagement; and pro-
              have a conversation with an Indian fellow in a
              moment of crisis, or a Swedish fellow may apply
                                                                      blem-solving. Young leaders will be able to exert
                                                                      greater influence in their respective societies if
                                                                                                                            Proposed Dates
              forecasting tools to consider the potential con-        they refine these skills. Partners in Iran, Turkey,
              sequences of a tense multilateral negotiation on        China, or Pakistan may be reluctant to support
              the Arctic.                                             any dialogue with the select countries, but fram-         Inaugural dialogue: 2021-2022 Global Futures    Follow-up dialogues: 2022-2023 Global Futures
                                                                      ing the dialogue as a professional development            Dialogue 2031 (Japan, Turkey, Germany, India)   Dialogue 2032 (Spain, China, USA, Pakistan);
            3. Provide professional development opportu-              opportunity – as opposed to an official exchange                                                          2023-2024 Global Futures Dialogue 2033; 2024-
               nities to cultivate concrete skillset of grow-         of ideas – could encourage diverse actors to par-                                                         2025 Global Futures Dialogue 2034; 2025-2026
               ing importance, including: communication (oral         ticipate.                                                                                                 Global Futures Dialogue 2035

 Format

                                                                                                                                                           ANNUAL MULTILATERAL DIALOGUE PROGRAM AMONG
            Over the course of four week-long dialogue ses-         future of global governance. The three GFD work-                                       EMERGING LEADERS
            sions in five countries, thirty fellows in GFD will     ing groups will each be supported by a senior                   INTERVENTION
            form three working groups focused on natural            fellow who will mentor the fellows by providing
            resource management, green technology, and cli-         expert input and analysis, acting as an intellec-
            mate change negotiations. Consistent with past          tual sparring partner, and help translate scenar-
            practice, the fellows will meet in four dialogue        ios into policy relevant outputs. Each year, the
            sessions, where they will have the opportunity to       organizers will identify four cities in four coun-                                     EXPANDED, SUBSTANTIAL ENGAGEMENT AMONG DIVERSE
                                                                                                                                      OUTCOMES             RELEVANT ACTORS
            challenge each other, exchange ideas with experts       tries to host the fellows.
            and policymakers, and develop scenarios of the

 Partners                                                                                                                                                  REDUCED THREAT OF SUB-REGIONAL CONFLICTS WITH GLOBAL
                                                                                                                                         IMPACT            SPILLOVER EFFECTS

            The program will rely upon think tanks, universi-       including, for example, the Robert Bosch Stif-
            ties, multinational companies, and media houses         tung, the Gates Foundation, the Clinton Foun-               The Global Futures Dialogue in a nutshell.
            as partners to recruit participants. These part-        dation, the Obama Foundation, the World Bank
            ners will also provide venues, bring in expert          Group, and the Tata Group. For its inaugural
            views, plan activities for the fellows, and provide a   session, GFD can learn from best practices from
            platform for the exchange of ideas. Moreover,           the Global Governance Futures dialogue, as well
            multinational companies and foundations inter-          as solicit ideas, projects, and applicants from the
            ested in global issues and peace initiatives may be     alumni network.
            interested in financially supporting the dialogue –

29          THE NEW (DIS)ORDERS: EN VISIONING THE COMPLEX FUTURES OF GEOPOLITICS                                                                                                 GLOBAL GOVERNANCE FUTURES 2030       30
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