Korea Should Foster National Security by Strengthening Regional Cooperation [Jeffrey D. Sachs - HIC]

The year 2024 brought dangerous instability to Korea and to world. Korea came close to political disaster when a deeply unpopular president invoked emergency rule against the Korean constitution and the people’s will. The Korean people inspired the world in their determination to protect their hard-won democracy. Yet such political and social turmoil was widespread around the world. Wars, climate disasters, an elderly and debilitated US president, rising US-China tensions, and pervasive politica

2025.01.02 11:25

What Ails America – and How to Fix It [Jeffrey D. Sachs - HIC ]

America is a country of undoubted vast strengths – technological, economic, and cultural – yet its government is profoundly failing its own citizens and the world. Trump’s victory is easy to understand. It was a vote against the status quo. Whether Trump will fix -- or even attempt to fix -- what really ails America remains to be seen. The rejection of the status quo by the American electorate is overwhelming. An NBC national news poll in September 2024 found that 65% of Americans said the count

2024.12.03 11:16

Achieving Peace in the New Multipolar Age [Jeffrey D. Sachs - HIC]

With the demise of the Soviet Union in 1991, the US assumed that it would dominate the world as the unrivaled hegemon. Yet the US “unipolar” moment proved to be short-lived. US geopolitical dominance ended with the rise of China, the recovery of Russia from the period of Soviet collapse, and the rapid development of India. We have arrived to a new multipolar age. The US still fights to remain world hegemon, but this is delusional and doomed to fail. The US is in no position to lead t

2024.08.27 11:40

The Pact for the Future [Jeffrey D. Sachs - HIC]

On September 22-23, the 193 UN member states will meet at UN Headquarters for the Summit of the Future. This is a unique opportunity for the world to shift from war and conflict to peace and global problem solving. The governments will adopt a Pact for the Future to strengthen global cooperation and reform the UN system. They are currently negotiating that important roadmap for the future. The negotiators have issued an early draft, but there is still much negotiating ahead. The most important p

2024.07.11 11:13

The Summit of the Future [Jeffrey D. Sachs - HIC]

Geopolitics are at a crossroads. Will the world unite to meet common challenges; will it divide along rival blocs led by the US and China; or will it spiral into a disastrous world war? All three outcomes are possible, yet only the first path ― global unity ― will truly serve human needs. The UN member states will meet at the UN on September 22-23 at the Summit of the Future. This is a vital moment for the world‘s nations to recommit to global unity under the UN Charter. The United States

2024.05.30 11:39

Beyond the Age of Hegemony [Jeffrey D. Sachs - HIC]

이 기사는 해외 석학 기고글 플랫폼 '헤럴드 인사이트 컬렉션'에 게재된 기사입니다. In the 16th century, Spain became the first global empire. By the 19th century, Britain became a global hegemon. After World War II, the US took over as the new global hegemon. Now America‘s power is fading and some Americans fear that China will be the next hegemon. In fact, we are moving to a post-hegemonic world. To see why, let us understand the drivers of geopolitical change. How did the UK achieve global dominance from arou

2024.04.22 14:20

Geopolitics will Shape the World Economy in 2024[Jeffrey D. Sachs - HIC]

이 기사는 해외 석학 기고글 플랫폼 '헤럴드 인사이트 컬렉션'에 게재된 기사입니다. During the period from around 1980 to 2010, the world economy was governed mainly by economic forces, mainly international trade, finance, and technology. During that 30-year period, the world economy was reshaped by the rise of Asia in the global share of world output and trade. During the period from 2010 to 2020, geopolitics played an increasing role in the world economy, especially as the US began to regard China as a threat to US he

2024.04.22 13:45

China’s Competitiveness and American Badmouthing [Jeffrey D. Sachs - HIC]

The latest campaign of the United States against China is the charge that China has excess capacity in a range of manufactured goods and so should restrain its exports. The truth is simpler. China and other countries of East Asia are the world‘s low-cost producers of a range of high-quality industrial products that the world urgently needs: solar modules, electric vehicles, wind turbines, efficient batteries, 5G and more. Since the US lags behind China in these sectors, the US is bad-m

2024.04.18 14:39