Pandemics, Climate Change, and Global Economics: Where Did We Go Wrong with Globalization? - Shared screen with speaker view
Shweta Bhogale
If WHO is at the centre of globalization in health, how can WHO enforce rules/behaviour. At the most micro level, movement of people domestically was a huge problem in this pandemic. Political institutions seem like the only players in place to place restrictions on movement but even there certain types of institutions are likely better places relative to others in carrying out enforcement (authoritarian, for eg). Is it feasible for WHO to play the role of an enforcer and how can it interact with different political institutions to ensure this?
Diksha Bijlani
Professor, can you comment on how the effectively non-binding nature of global rules because of new newly elected administrations pulling out of priorly ratified agreements with little accountability (Paris Agreement for eg), makes globalization volatile (“a bubble”)?
Professor, could you speak to the risk of how greater globalization in health under WHO would be “captured” by some countries to advance their interests which may not be aligned with most other countries’, the way economic globalization under WTO, IMF, World Bank has been to a certain extent?
What policy changes do you see resulting from the current crisis? (both at a national and global scale)
Professor, previously we saw the power of coroporations, big banks, commericial and financial interests define economic globalization. Where/how do you see power shifting in our global order (if at all)?
Varun Gupta
Professor, it seems to me that rewriting the rules is more difficult than to write the rules initially. Given that we are in a position where these rules of globalisation don't work for many, and there has been larger recognition of inequalities, as well as recognition of failure of coordination of climate/health policies. How do you think rules will be rewritten?
Professor, should subsidiarity not be a principle to be considered, so that all matters can be handled at the lowest possible level of authority in case of limited effects of externalities
How can we best avoid academics, policy practitioners in international organizations, and others, from understanding and presenting the narrative of vested interests as something neutral, and presenting normative arguments as they are not, as you have highlighted frequently happens in economic and other domains?
Kola Oyeneyin
Thank you Prof. Question: given how far the world has come in globalization and the recent slide into nationalization, is there a middle ground between globalization and nationalization that would be beneficial to the world post the current crisis? Especially in the case of COVID-19, there is no global effort at the moment, which to your point WHO should ideally be leading, who should take the lead now? Including economic leadership as well.
How to better balance national interests to reduce ‘beggar thy neighbour’ policies?
Don't markets tend to discipline that behavior -- e.g. Mitterand's France in the 1980s?
Professor Rodrik would you be willing to share your PowerPoint with us, for later review?
^+1 to Camilla's point
Jaime Diaz
good question Ben and Shaan.