“Ultimately, more constructive east-west engagement may be the only way to keep the Global South from melting down,” writes ianbremmer in a guest opinion piece for The Economist
deeper into our crisis-plagued 21st century, east-west conflict is driving headlines. But a closer look reveals that tensions between the West and the Global South, which broadly includes regions in Asia, Africa, Latin America and the Pacific, will pose the most important threats and challenges over the next decade.
Broken supply chains, rising interest rates and surging inflation, combined with falling growth and fewer remittances, create conditions for a developing-world debt crisis this decade. That is in spite of the fact that in recent decades cross-border flows of ideas, information, people, money, goods and services have sharply reduced wealth gaps between rich and poor countries and created the first global middle class .
Poor countries are also less well prepared to limit the harm done by increasingly erratic weather patterns than rich ones. This is especially true in Africa and the Middle East, where surging temperatures will more often test the limits of human endurance, and in Central America, a region already plagued with poverty and violent crime.
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