External publications

Competing visions of Global development

Sumner, Andy / Stephan Klingebiel
External Publications (2026)

published on kfw-entwicklungsbank.de, 12.02.2026

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The future of the global development architecture will be defined by choices made among competing visions already present today. A turn toward nationalist and transactional approaches risks further fragmentation and diminished support for the most vulnerable countries. More selective forms of multilateralism may preserve existing institutions while narrowing their ambition. Pluralist cooperation offers flexibility but weakens coherence and shared standards. A renewed emphasis on global solidarity would strengthen collective capacity to address global public goods, but requires sustained political commitment and institutional reform.

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