Navigating the Poly-Crisis: Reassessing Economic Models

The Humbold School in Bad Homburg is set to host a crucial discussion forum on April 30th, focusing on the evolving global economic landscape and its potential impact on future prosperity. Titled Change in the world economic order: endangered wealth perspectives?, the event aims to dissect the challenges facing customary economic models in an era defined by geopolitical instability and economic fragmentation.

germany’s Economic Crossroads: Facing Structural Challenges

Germany’s economic performance is currently under scrutiny, with leading economic institutions signaling a potential structural crisis. The nation’s export-driven foreign trade policy, a cornerstone of its economic success, is facing increasing pressure from global uncertainties. This situation mirrors broader anxieties within the European union, which is grappling with its own set of complex challenges.

The rise of new trade disputes and the fragmentation of the global economy are creating a poly-crisis, a term used to describe the convergence of multiple systemic risks. This turning point necessitates a critical examination of the economic models that have shaped our world.

The competitiveness of export-oriented German foreign trade policy due to geopolitical and economic vibrations is also increasingly under pressure,while the European Union is also confronted with a variety of challenges.Globally, new trade conflicts and a fragmentation of the global economy are created.

Expert Insights: Carsten Breski and Professor Dr. Stefan Fröhlich to Led Discussion

Two distinguished experts will lead the discussion: Carsten Breski, Global Head of Macro at ING Research, and Professor Dr. Stefan Fröhlich, a professor of international politics and political economy at the Friedrich Alexander University in Erlangen-nuremberg. Their expertise will provide valuable insights into the complexities of the current economic climate and potential pathways forward.

Breski’s macroeconomic viewpoint, coupled with Fröhlich’s understanding of international politics and political economy, promises a complete analysis of the factors shaping the global economic order. Following their presentations, attendees will have the possibility to engage in a question-and-answer session.

Event Details: Free Admission and Registration Information

The UNESCO discussion forum will take place in the auditorium of the Humbold School, located at Jacobistraße 37 in Bad Homburg. The event is scheduled for Wednesday,April 30th,from 7:00 p.m. to approximately 8:30 p.m. Admission is free, offering an accessible platform for public engagement with critical economic issues.

Mayleen Magdalena watzinger and Dr. Torben Waschke will moderate the evening, guiding the discussion and ensuring a productive exchange of ideas. Interested individuals can register for the event via the provided link.

The Broader Context: Global Economic Uncertainty and the Need for Dialogue

This forum comes at a time of heightened global economic uncertainty. Recent data from the International Monetary Fund (IMF) projects a slowdown in global growth, citing factors such as geopolitical tensions, persistent inflation, and the impact of climate change. events like this discussion at humbold School are crucial for fostering informed dialogue and exploring potential solutions to these complex challenges.