by Summary:
The emergence of “New Economic Order” would transform the way logistics and transport in global market is being carried out. The North-South Transport Corridor (INSTC) member countries must contribute effectively for the overall development of corridor i.e., the improvement of inland waterways, security of container and general cargo terminals in Caspian ports, the modernization of border crossing points and the construction of logistics hubs and roadside service facilities, writes Muhammad Athar Javed, founder, CEO of Pakistan House, especially for the 12th Valdai Club Middle East conference.The big news now is that the Global South/East are coming online economically as decolonization proceeds and is now picking up speed. Until recently, "the world economy" largely meant that of the
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The emergence of “New Economic Order” would transform the way logistics and transport in global market is being carried out. The North-South Transport Corridor (INSTC) member countries must contribute effectively for the overall development of corridor i.e., the improvement of inland waterways, security of container and general cargo terminals in Caspian ports, the modernization of border crossing points and the construction of logistics hubs and roadside service facilities, writes Muhammad Athar Javed, founder, CEO of Pakistan House, especially for the 12th Valdai Club Middle East conference.The big news now is that the Global South/East are coming online economically as decolonization proceeds and is now picking up speed. Until recently, "the world economy" largely meant that of the
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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The emergence of “New Economic Order” would transform the way logistics and transport in global market is being carried out. The North-South Transport Corridor (INSTC) member countries must contribute effectively for the overall development of corridor i.e., the improvement of inland waterways, security of container and general cargo terminals in Caspian ports, the modernization of border crossing points and the construction of logistics hubs and roadside service facilities, writes Muhammad Athar Javed, founder, CEO of Pakistan House, especially for the 12th Valdai Club Middle East conference.
The big news now is that the Global South/East are coming online economically as decolonization proceeds and is now picking up speed. Until recently, "the world economy" largely meant that of the Global North/East, with the Global South being relegated to colonial status. That is ending as the pcae of development increases in Asia, Latin America, and Africa and they become more assertive, demanding a proportionate piece of the pie, since growth in this century promises to come largely from this area.
Javed observes that owing to the current conflict and imposition of sanctions on Russia, Russia has become more active in developing its relations with other countries of the Global South/East, thereby opening economic corridors that previously had only been contemplated.
Longer term, either Europe joins this endeavor or isolates itself from the major sources of growth on the world island, as British geographer Halford Mackinder called Eurasia/Africa in his influential 1904 lecture/article, "The Geographical Pivot of History" that launched the study of geopolitics and geostrategy. His thesis was that whoever controls Eurasia controls the world. As a result, Russia has been viewed as a geopolitical football.
Javed concludes with the warning that other interested parties will try to sabotage this economic trend toward the Global South/East.
This is an important article as a backgrounder.
Valdai Club (Russia)
Logistics of the 21st Century & New Economic Order: Prospects for a New North-South Transport Corridor
Muhammad Athar Javed, founder and CEO of Pakistan House, an independent policy institute based in Bronshoj, Denmark, and Islamabad
Logistics of the 21st Century & New Economic Order: Prospects for a New North-South Transport Corridor
Muhammad Athar Javed, founder and CEO of Pakistan House, an independent policy institute based in Bronshoj, Denmark, and Islamabad