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The Conversation
Politics
Adam Sneyd, Associate Professor, Political Science, University of Guelph

The New International Economic Order stumbled once before. Will it succeed a second time around?

People gather in the Davos Congress Center prior to the start of the World Economic Forum in Davos, Switzerland in January 2023. (AP Photo/Markus Schreiber)

Calls for a new approach to the management of global affairs intensified after the curtain came down on this year’s World Economic Forum (WEF) annual meeting held at Davos, Switzerland.

In the wake of the WEF’s headline-grabbing controversies about the legitimacy of WEF’s leadership and proposals for a new global economy, a movement seeking to renew the promise of global co-operation quietly re-emerged. Delegates from over 25 countries, organized by a group called Progressive International, assembled in Havana on Jan. 27 to declare their intent to build a New International Economic Order (NIEO) fit for the 21st century.

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