World Trade Organization director general Ngozi Okonjo-Iweala (left) of Nigeria arrives at the WTO headquarters in Geneva, Switzerland, on March 1. Okonjo-Iweala took the reins of the WTO amid hope she will infuse the beleaguered body with fresh momentum to address towering challenges, a lack of representation for the developing world and a pandemic-fuelled global economic crisis. Photo: EPA-EFE
World Trade Organization director general Ngozi Okonjo-Iweala (left) of Nigeria arrives at the WTO headquarters in Geneva, Switzerland, on March 1. Okonjo-Iweala took the reins of the WTO amid hope she will infuse the beleaguered body with fresh momentum to address towering challenges, a lack of representation for the developing world and a pandemic-fuelled global economic crisis. Photo: EPA-EFE
Haico Ebbers
Opinion

Opinion

Macroscope by Haico Ebbers

West and global institutions must adapt to developing world’s rise and learn their ways

  • The world’s leading emerging markets have amassed considerable economic power which will translate into geopolitical power in the near future
  • Their emergence will ripple through politics and economics into business and education as the world is increasingly less dominated by the West

World Trade Organization director general Ngozi Okonjo-Iweala (left) of Nigeria arrives at the WTO headquarters in Geneva, Switzerland, on March 1. Okonjo-Iweala took the reins of the WTO amid hope she will infuse the beleaguered body with fresh momentum to address towering challenges, a lack of representation for the developing world and a pandemic-fuelled global economic crisis. Photo: EPA-EFE
World Trade Organization director general Ngozi Okonjo-Iweala (left) of Nigeria arrives at the WTO headquarters in Geneva, Switzerland, on March 1. Okonjo-Iweala took the reins of the WTO amid hope she will infuse the beleaguered body with fresh momentum to address towering challenges, a lack of representation for the developing world and a pandemic-fuelled global economic crisis. Photo: EPA-EFE
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