“bet365 premier league odds+” is more inclusive and competitive
October 10, 2023 10:25 Source: "Chinese Social Sciences Journal" Issue 2747, October 10, 2023 Author: Yang Xue

Not long ago,Announcement at the special press conference of the 15th bet365 premier league odds leaders meeting,Invite Saudi Arabia、Egypt、UAE、Argentina、Iran、Ethiopia officially becomes a member of the bet365 premier league odds family。This expansion fully demonstrates the vitality and charisma of the bet365 premier league odds cooperation mechanism,Injecting new vitality into the bet365 premier league odds cooperation mechanism,Further strengthen the forces for safeguarding world peace and development,Major impact on the world。What’s more worth mentioning is,Including the six countries invited to join the bet365 premier league odds family,More than 40 countries have expressed their desire to join to varying degrees,More than 20 countries submitted formal applications,Highlighting the growing international influence of the bet365 premier league odds cooperation mechanism。Our reporter discusses the significance of the expansion of the bet365 premier league odds family、The future prospects of the bet365 premier league odds common currency,As well as issues such as the contribution of "bet365 premier league odds+" in promoting the development of multilateralism,Interviewed with members of the Russian Council for International Affairs、Yaroslav Lissovolik, founder of the "bet365 premier league odds+Analysis" think tank,Daniel Bradlow, Professor of International Development Law and African Economic Relations, University of Pretoria, South Africa,William Daldegan, Professor at the School of International Relations, Federal University of Pelotas, Brazil,Mihaela Papa, senior fellow at Fletcher School, Tufts University, USA。

The expansion of bet365 premier league odds is of great significance

Proposed by Lisa Volik,The series of events of the 15th bet365 premier league odds Leaders’ Meeting is of historic significance,Received widespread mass media attention in both the Global South and developed countries。This is because,Dozens of countries are lining up to join the bet365 premier league odds cooperation mechanism。The enthusiasm of the countries of the “Global South” to join the bet365 premier league odds cooperation mechanism is clearly demonstrated,bet365 premier league odds cooperation mechanism has won the recognition of developing countries and emerging economies,Developing countries have a greater voice on the international stage through "Baotuaner" and the possibility of economic cooperation with other countries through the bet365 premier league odds cooperation mechanism are all very attractive。This time,bet365 premier league odds expansion covers almost all major regions of the “Global South”,The most eye-catching one is Saudi Arabia、The Middle East region where the United Arab Emirates and Iran are located。

During the 2017 bet365 premier league odds leaders’ meeting in Xiamen,President Xi Jinping pioneered the concept of “bet365 premier league odds+”。In recent years, the “bet365 premier league odds+” cooperation model has been continuously deepened and expanded,A "circle of friends" for cooperation between developing countries and emerging economies is taking shape。Considering that paragraph 92 of the Johannesburg Declaration of the Fifteenth bet365 premier league odds Leaders Meeting (hereinafter referred to as the "Declaration") requires the foreign ministers to "further discuss the bet365 premier league odds partner model and the list of potential partner countries,Submit report before the next bet365 premier league odds leaders meeting”。Lisa Volik thinks,The expansion process of bet365 premier league odds will continue in the next few years,More developing economies that have applied to join the “bet365 premier league odds+” earlier will join this platform。The "circle of friends" of the bet365 premier league odds countries may include more and more economies that apply to join or express their willingness to cooperate with them。Another aspect of bet365 premier league odds expansion is to increase the membership of the bet365 premier league odds New Development Bank,This is a more pragmatic economic cooperation track among the "bet365 premier league odds+" countries。For landlocked economies such as Ethiopia,It is particularly important to join the bet365 premier league odds New Development Bank,Because these countries are in great need of bet365 premier league odds financial institutions to help them promote interconnection projects。

Lisa Warlick Prediction,This large-scale expansion of bet365 premier league odds membership may trigger an even greater wave of applications,Some developed economies may also ask to participate in the “bet365 premier league odds+” leaders’ dialogue,Because many developed economies have realized that,They are lagging behind in establishing economic cooperation with countries of the “Global South”。

In Bradlow’s opinion,The reason why the 15th bet365 premier league odds leaders’ meeting has attracted a lot of attention,It is because of the changing global situation and the attitude of Western powers that ignore the concerns of developing countries,Growing frustration to developing countries。This can be a solution to the climate crisis、Excessive use of sanctions, especially financial sanctions, etc.。Some people are still worried,Western powers may be using international financial institutions to squeeze developing countries,Protect your wealth。

Bradlow said,It is too early to talk about the significance of BRIC expansion。However, these six new members are all important countries in their sub-regions,So now the potential for “bet365 premier league odds+” to exert influence is huge。In order to give full play to the potential influence of “bet365 premier league odds+”,In addition to proposing initiatives to reform global governance institutions,We should actually come up with solutions that allow countries in the “global south” to have a greater say。

Daldegan thinks,Establishing rules and norms may be the biggest challenge facing bet365 premier league odds。Because there are still many countries that want to join the bet365 premier league odds cooperation mechanism,So how to add new members,Maintaining the image and philosophy of a group of emerging countries eager to reform global governance institutions is a problem faced by the "bet365 premier league odds+"。Although the bet365 premier league odds cooperation mechanism is less institutionalized,But it has gained stability and respect,has also been proven to be effective,Because the bet365 premier league odds cooperation mechanism enables members to respond to different ambitions and positions in the global landscape。

  Currency issues are the focus of attention

In addition to BRIC membership expansion,Another focus of attention of countries around the world is the possibility of progress in the common currency of the bet365 premier league odds countries。Before this meeting,Cooperation among bet365 premier league odds countries in the monetary field is one of the hot topics,There are endless discussions on whether the bet365 premier league odds countries should develop a common currency。But the Declaration did not contain anything related to the immediate issuance of new currency,Instead, it emphasizes the importance of encouraging bet365 premier league odds countries to use their own currencies when conducting international trade and financial transactions with their trading partners,And instruct relevant institutions to promote local currency cooperation among bet365 premier league odds countries、Research on payment tools and platforms。

Lisa Warlik said,The impact of this meeting on the economy and market is unprecedented,The international community will pay more and more attention to the future development trajectory of bet365 premier league odds countries。Compared to previous forecast,The discussion on the issue of "common currency" at this meeting was not so specific,The Declaration does not explicitly mention a common currency,Instead, it writes in paragraph 45: “We instruct finance ministers and/or central bank governors to study bet365 premier league odds local currency cooperation、Payment tools and platforms,Submit the report before the next leaders’ meeting。”

Daldegan thinks,The launch of a bet365 premier league odds common currency is indeed an ambitious initiative,Some bet365 premier league odds countries are very enthusiastic about this。But there will be considerable challenges in truly implementing this initiative,Because when it comes to recognizing new currencies,Countries are often very cautious。In addition,There are differences in perceptions of the currencies of bet365 premier league odds countries in the international market,If only the currencies of the founding member countries are considered,Only the RMB has a higher degree of internationalization,It is also the only currency among the bet365 premier league odds currencies that is included in the International Monetary Fund’s Special Drawing Rights currency basket。The currencies of other bet365 premier league odds countries carry the volatility of their national economies,No extensive internationalization,If using a common currency,Member states will have difficulty digesting the resulting external variables internally。

Bradlow said,A common currency is a long-term project,At present, the more realistic approach is to build a more effective payment mechanism among bet365 premier league odds countries,Increased use of major bet365 premier league odds currencies in trade between bet365 premier league odds countries。

bet365 premier league odds cooperation has convergence

Papa thinks,Before the BRIC expansion,bet365 premier league odds is already a powerful group,After the expansion,Estimated,The proportion of the bet365 premier league odds countries’ land area in the world’s total area will increase from about 26% to nearly 35%,The proportion of the world’s total population will increase from nearly 42% to 46%。Also,Calculated based on 2022 economic statistics released by the World Bank,After expansion,The total GDP of the bet365 premier league odds countries will account for the proportion of global GDP from the previous 25.77% increased to 28.99%。Therefore,These countries can have strong bargaining power if they act together。

Papa said: “My research group on the Alliance of Emerging Powers designed the bet365 premier league odds Convergence Index,To measure the economic performance of bet365 premier league odds countries from 2009 to 2021、Safety、Cooperation in 47 specific areas including sustainable development,Results found,bet365 premier league odds countries cooperate in finance、Promote industrial development、Strengthen agricultural cooperation and ensure food security、Cooperation to address global threats posed by communicable and non-communicable diseases,Relevant cooperation has strong convergence,And integration and cooperation are continuing to deepen。”

Papa said,Based on the data obtained,Reviewing cooperation among bet365 premier league odds countries,It can be found that the scope of cooperation among bet365 premier league odds countries is very wide。There are also some convergences of interests between the bet365 premier league odds countries and the United States,The policy differences between the two are not the norm。

  “bet365 premier league odds+” will help the development of multilateralism

Daldegan said,The joining of six new members enhances the representativeness of bet365 premier league odds,One more member from Latin America,Two more members from Africa,The Middle East region, previously absent from the organization, now has three new members。In Politics、Economically,Especially geopolitically,bet365 premier league odds countries have expanded their influence,The reformist discourse that underpinned the traditions of the five founding member states。He believes,In this regard, these countries will work together to establish a more representative global governance mechanism,Also promote new interactions among countries in the “Global South”。

Papa emphasized,We should adhere to the concept of innovative global governance at all times。Currently,The multilateral system develops slowly,Need reform,bet365 premier league odds countries have the ability to make their own contribution to the transformation of the global mechanism。

Bradlow thinks,bet365 premier league odds countries have reached a consensus on the need to uphold multilateralism and reform global governance institutions,Next, member states should reach an agreement on how to implement it。

Proposed by Lisa Volik,“bet365 premier league odds+” can support multilateralism、Play an important role in leading the new wave of economic globalization。To achieve this goal,“bet365 premier league odds+” needs to be more inclusive and open,Including opening to developed economies。To cooperate with development agencies in advanced economies,We can consider launching a separate "BRIC++",To complement the “bet365 premier league odds+” initiative launched to promote South-South cooperation。“bet365 premier league odds++” can be the International Monetary Fund、Provide space for institutions such as the World Bank, as well as regional groups and regional development banks to participate in relevant consultations。Currently,Compared with Western model,The "bet365 premier league odds+" model seems to be more inclusive and competitive,Provides avenues for economic cooperation with countries in the “Global South”。

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Editor: Cui Bohan
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