The Economic and Social Council is at the heart of the United Nations system to advance the three dimensions of sustainable development – economic, social and environmental. It is the central platform for fostering debate and innovative thinking, forging consensus on ways forward, and coordinating efforts to achieve internationally agreed goals. It is also responsible for the follow-up to major UN conferences and summits.
TOPIC 1: The Impact of Global Cryptocurrency on Financial Stability
In recent years, the rapid rise of cryptocurrencies has introduced both opportunities and challenges for the global financial system. While digital currencies offer increased access to financial services and decentralized transactions, they also pose risks such as lack of regulation and potential use in illicit activities. Governments and financial institutions face the challenge of balancing financial innovation with stability, as the evolving cryptocurrency landscape influences national economies and traditional banking structures. This topic will explore the role of cryptocurrencies in shaping modern financial structures and discuss potential regulatory measures to ensure economic security without suppressing technological advancements.
TOPIC 2: Addressing the Challenges of Tariff Policies in Global Trade
Tariff policies play a crucial role in shaping international trade dynamics, influencing economies, industries, and global supply chains. While tariffs can protect domestic industries and generate government revenue, they also risk escalating trade wars, increasing consumer prices, and disrupting economic cooperation. Recent shifts toward protectionist policies have ignited debates on their implications for global economic growth, trade relations, and market stability. This topic will examine the impact of tariffs on global trade, explore various approaches to fair trade policies, and discuss potential solutions for maintaining economic stability in an increasingly interconnected world.
COUNTRY MATRIX:
Beginner: Kenya, Vietnam, Greece, Ethiopia, South Africa, Malaysia, Philippines
Intermediate: Mexico, Brazil, Turkey, India, South Korea, Canada, UAE, Indonesia, El Salvador
Advanced: Russia, USA, China, UK, Germany, France, Japan, Switzerland