With support from Carnegie Corporation of New York and Konrad-Adenauer-Stiftung (KAS) Regional Economic Programme Asia (SOPAS), FSVC held a symposium titled ‘Great Power Rivalries in the Global South: Navigating Financial and Economic Security Issues in a Multi-Polar World’ in Istanbul. The symposium brought together 30 leading international experts and practitioners in international finance and foreign policy to exchange ideas, break silos and forge connections.

Discussions centered on how great power rivalries are impacting the Global South and the subsequent effects on the global financial system. Key topics included the growing importance of Global South countries amidst increasingly competitive and divisive global power dynamics, current financial sector challenges, the strategic role of critical minerals, the increased use of sanctions, and fractured global supply chains. Participants were encouraged to question assumptions underlying current policies in these areas, and identify helpful and new ways to frame the dynamics at play.