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In person icon Crisis of Multilateralism and Rising Uncertainties: Impact of the COVID-19 Pandemic on Global Economic Governance

Governance
Political Economy
IMF
INN051
Anna Wrobel
University of Warsaw
Karina Jędrzejowska
University of Warsaw
Anna Wrobel
University of Warsaw

In person icon Building: A, Floor: 3, Room: SR9

Wednesday 11:15 - 13:00 CEST (24/08/2022)

Abstract

When the world economy was recovering from the Great Financial Crisis a decade ago, the moment was often described as a watershed in the postwar economic and political history. While it is too early for conclusions, it is clear that the time of the COVID-19 pandemic will prove to be of similar importance. The panel aims at addressing the impact of the COVID-19 pandemic on multilateral global governance mechanisms. The panel assumes that the pandemic increased the levels of uncertainty and inequality in the world economy and politics, and similarly to the Global Financial Crisis of 2007-2008 contributed major changes in global governance mechanisms. By addressing multiple challenges to global economic governance and global politics the panel aims at providing a multi-disciplinary analysis contributing to the debate on the crisis of multilateralism in global governance as well as the growing levels of inequality and uncertainty in the global system.

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