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Global Cooperation has Flatlined: WEF
  • The Economic Times
  • |
  • Economics (Macroeconomics)
  • |
  • 2025-01-08
  • World Economic Forum
  • Global Cooperation Barometer

The World Economic Forum's Global Cooperation Barometer, developed with McKinsey & Company, highlights stagnation in international cooperation amid geopolitical tensions, while identifying positive trends in climate finance, trade, and innovation in the current technological era.

International Cooperation and Global Cooperation Barometer

The World Economic Forum’s Global Cooperation Barometer highlights the current state of international cooperation, emphasizing challenges and opportunities in the face of geopolitical tensions and instability.

Key Insights from the Barometer

  • Flatlining Cooperation: The report indicates that international cooperation has stalled due to geopolitical tensions.
  • Positive Momentum: Despite challenges, there is positive movement in areas such as climate finance, trade, and innovation.

Barometer's Objectives and Structure

  • The barometer, developed with McKinsey & Company, uses 41 indicators to assess global cooperation.
  • It aims to help leaders understand cooperation dynamics across five key pillars: 
    1. Trade and capital flows
    2. Innovation and technology
    3. Climate and natural capital
    4. Health and wellness
    5. Peace and security

Importance of the Barometer

  • Provides an updated view of global cooperation with a focus on the new technological age.
  • Launched amid global instability, guiding new governments in agenda development.
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