WGS 2023: Cities like Dubai, Abu Dhabi, Mumbai will define world’s future, experts say – News

China will become more influential, while India will see dramatic economic growth that will define the future of sustainability and the future of climate action

Cities such as Dubai and Abu Dhabi define the world’s future as engines of global economic growth, while corridors of power will shift dramatically towards the Middle East and Asia, researchers around the world say.

“We will focus on regions and cities that will define the future of the world. Obviously, it could be Ahmedabad, Mumbai, Shanghai, Dubai, Abu Dhabi. There will be 15 or 20 cluster centers in economic and political fields that will Create a new network architecture for global governance,” said Dr. Samir Saran, Chairman of the Observer Research Foundation.

Speaking at the World Government Summit on “Key Predictions for a Changing World Order”, he said the nation-state framework would continue to underperform, simply because the politics generated by states is always a zero-sum game. “It’s always the lowest common denominator. So the city gives me optimism.”

He added that the world will see China becoming more and more influential, while India, despite its rather loud and emotional democracy, will see impressive economic growth which will determine the future of sustainability and The future of climate action.

“Both of these countries will now be different from the West. The greatest share of global economic power will be in two countries that have not participated in the writing of the old order. Therefore, a global Institutions will come under pressure. In the days ahead, we will move away from clumsy assessments through the prism of nation-states,” Saran said.

The Observer Research Foundation president added that both economic opportunity and political power are shifting eastward.

“World power is shifting more broadly from East Asia to the Eastern Hemisphere.”

Professor Arturo Bris, director of IMD’s World Competitiveness Center, said the world today or the way it was structured meant nothing because economic powerhouses such as India, Brazil or Germany did not play a significant role in the international order.

“We’ve been going through a pretty turbulent phase in the last five or six years. We’ve lost a huge chunk of our humanity to the pandemic because we’re all selfish. We’ve done what we’re not willing to share. We don’t Willingness to build global institutions to respond to different parts of the world,” he said.