The global system is fragmenting economically, politically, and institutionally. This is a signal that the systems shaping our economies and societies are under strain and in need of renewal. In his recent article, “From Geopolitical Fragmentation to a Healthy Global Economy“, IDGR Research Lead Juan David Rojas Calle draws on…
global economy, externalities, and global binding markets
Latest news about global economic developments, with a clear focus on mitigating “externalities” through the establishment of global binding markets for common goods – such as those aligned with the “Planetary Boundaries” – paving the way for a new healthy and thus sustainable global economy.
global economy, externalities, and global binding markets
The 2026 “World Economic Forum” annual meeting signals a strong call for a healthier global economy
From January 19–23, 2026 the leaders of notable global corporations met with global political leaders at the World Economic Forum Annual Meeting – A Spirit of Dialogue in Davos, Switzerland. Despite highly acknowledged debates and discussions (most of which can be viewed online), the forum missed to focus on the…
global economy, externalities, and global binding markets
When Apples Still Had a Taste: Political Responsibility Toward Holistic Health
Putting health at the centre of society is a political choice. Deciding why health should guide public and private action is a collective decision, which should be grounded in scientific authority, ethical responsibility, and the will of people. Yet history shows that health becomes a shared societal priority only in moments of…
global economy, externalities, and global binding markets
Après moi, le déluge
The “Trump administration” from the “United States of America” (USA) again acknowledges global warming with its politics towards “Greenland” and its interest in dominating the arctic region (cf. Baumann, K. 2025/04/29: “Trump administration acknowledges global warming“). The “Trump administration” expects melting ice shields due to global warming and thus sees…
global economy, externalities, and global binding markets
2025 “OPEC International Seminar” shows fundamental misunderstanding within (global) politics
There is this fundamental misunderstanding from (global) politics, corporations would act in the “common interest”. No. Corporations act to maximise their individual profits and will use all legal possibilities to achieve this goal. Adam Smith (1723-1790), the “father of capitalism”, was already aware of and very clear about that. Having…
global economy, externalities, and global binding markets
Global health is the path and will deliver global peace
We have a dream – a world with all the people, yes, all the people living withing a global healthy and thus sustainable society peacefully together. To make this dream a reality, there are three core concepts important in our view – (1) the skill of all the people for…
global economy, externalities, and global binding markets
The root cause for trade deficits
The major damage from the current “United States of America ” (USA) administration is its distraction from our currently by far greatest (security) threat to humanity – global warming, climate change, and the loss of biodiversity. Based on that and since there is significant noise & irritation, I want to…
global economy, externalities, and global binding markets
U.S. tariffs politics shows very strong demand for global tax-system
We are in great favour of a globalised market without any tariffs and boarders. Global trade is probably one of the greatest developments of humanity. Not only the plurality of products & services, the possibility of global travel, and the gains in supply resilience (e.g. during the COVID-19 pandemics, the…
global economy, externalities, and global binding markets
Wall Street shows very weak global (sustainable) leadership
After the “United States of America” (USA) presidential election the “Dow Jones Industrial Average” (Dow) increased ca. 5% within one day (see graph). This is certainly due to many reasons. Nevertheless, within the context of in our view the most pressing topic for human history – global warming, climate change,…