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Geopolitical Fragmentation in the world and its consequences on Developing Countries: a game of chess on a fractured board

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  • MUYA, Jonathan

Abstract

This paper explores the impact of geopolitical fragmentation on developing countries amid rising tensions between major powers like the USA, Russia, and China. It examines how these dynamics compel developing nations to make difficult decisions regarding economic survival, sovereignty, and growth. The analysis focuses on the economic, political, security, and environmental consequences of this fragmentation, using examples such as sanctions and trade wars. The study also assesses the role of the USA and its allies in shaping global governance, highlighting the challenges brought by the increasing influence of emerging powers like China and India. It argues for the need to reform institutions such as the IMF to better reflect the complexities of this fractured global landscape. At the same time, the paper emphasizes the potential of regional institutions to address these challenges and foster cooperative development. Ultimately, the paper underscores the importance of navigating these shifts to ensure sustainable development in a divided geopolitical environment.

Suggested Citation

  • MUYA, Jonathan, 2024. "Geopolitical Fragmentation in the world and its consequences on Developing Countries: a game of chess on a fractured board," MPRA Paper 122708, University Library of Munich, Germany, revised 21 Nov 2024.
    • Handle: RePEc:pra:mprapa:122708
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    More about this item

    Keywords

    Geopolitical Fragmentation; Developing Countries; Major Powers; Global Governance; Emerging Economies;
    All these keywords.

    JEL classification:

    • F51 - International Economics - - International Relations, National Security, and International Political Economy - - - International Conflicts; Negotiations; Sanctions
    • F52 - International Economics - - International Relations, National Security, and International Political Economy - - - National Security; Economic Nationalism
    • F53 - International Economics - - International Relations, National Security, and International Political Economy - - - International Agreements and Observance; International Organizations
    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development
    • O19 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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