The world economic system is experiencing enormous challenges. Literature points to the interdependence of the geopolitical processes and economic systems in determining the results of global governance. The article by Hurrell (2024) highlights that geopolitics is associated with competition and the breakdown of consensus on economic liberalism, which has been put on the institutions of global economic governance. According to the article, the re-emergence of geopolitics makes the collaboration of economic policies more difficult due to the prioritisation of power struggles, nationalism, and domestic backlash politics (Hurrell, 2024, p. 230). This view accentuates that geopolitical factors are the primary determinants of foreign economic policies and the effectiveness of institutional frameworks The article also highlights how power politics have played a significant part in the routine functioning of the global economy. Stavytskyy and Dligach (2025, p.4) also observe that structural economic factors like regionalisation and automation have impeded efforts to achieve the United Nations Sustainable Development Goals (SDGs). Geopolitical tensions and economic fragmentation are two interconnected barriers that curtail global cooperation and inequality among income groups. For instance, Stavytskyy and Dligach (2025, p.5) observe that geopolitical risks make energy prices more volatile, affecting SDG 7 and SDG 13. The remedies to the existing world economic issues have to go beyond the nationalism of divided countries to the communion in geo-economic reformation, as pointed out by Hurrell (2024, p. 232). He sees the development of a world governance system, which recognizes the distribution of power and establishes multilateral institutions for the management of competition, conflict reduction, and trust recovery, as a necessity. Stavytskyy and Dligach (2025, p. 18) further mention the need for global economic model reforms like sustainable trade policy, inclusive technological transition and renewed investment in development-based cooperation to reduce SDG barriers. References Hurrell, A. (2024). Geopolitics and global economic governance, Oxford Review of Economic Policy, 40(2), 220–233. https://doi.org/10.1093/oxrep/grae013 Stavytskyy, A., & Dligach, A. (2025). The Global Economic Model in Crisis: An Analysis of the Obstacles to the Sustainable Development Goals. Sustainability, 17(19), 8537. https://doi.org/10.3390/su17198537
L’article met également en lumière le rôle significatif que la politique de puissance a joué dans le fonctionnement courant de l’économie mondiale. Stavytskyy et Dligach (2025, p. 4) observent également que des facteurs économiques structurels tels que la régionalisation et l’automatisation ont entravé les efforts visant à atteindre les Objectifs de Développement Durable (ODD) des Nations Unies. Les tensions géopolitiques et la fragmentation économique sont deux obstacles interconnectés qui freinent la coopération mondiale et aggravent les inégalités entre les groupes de revenus. Par exemple, Stavytskyy et Dligach (2025, p. 5) observent que les risques géopolitiques rendent les prix de l’énergie plus volatils, affectant l’ODD 7 et l’ODD 13.
Les remèdes aux problèmes économiques mondiaux actuels doivent aller au-delà du nationalisme des pays divisés pour tendre vers une communion dans la réformation géo-économique, comme le souligne Hurrell (2024, p. 232). Il considère comme une nécessité le développement d’un système de gouvernance mondiale qui reconnaisse la répartition du pouvoir et établisse des institutions multilatérales pour la gestion de la compétition, la réduction des conflits et le rétablissement de la confiance. Stavytskyy et Dligach (2025, p. 18) mentionnent en outre la nécessité de réformes du modèle économique mondial, telles qu’une politique commerciale durable, une transition technologique inclusive et un investissement renouvelé dans la coopération axée sur le développement afin de réduire les obstacles aux ODD.
Références
Hurrell, A. (2024). Geopolitics and global economic governance, Oxford Review of Economic Policy, 40(2), 220–233. https://doi.org/10.1093/oxrep/grae013
Stavytskyy, A., & Dligach, A. (2025). The Global Economic Model in Crisis: An Analysis of the Obstacles to the Sustainable Development Goals. Sustainability, 17(19), 8537. https://doi.org/10.3390/su17198537
