Creating a New Platform for Global Growth
This report captures key insights from the first Open Dialogue in Moscow and examines how a New Platform for Global Growth can be shaped to meet the needs of the Global Majority.
Key Takeaways
- The countries of the Global Majority are transitioning from catching up to becoming architects of an alternative, more balanced global growth model. This shift reflects a move away from the Washington Consensus toward open, equitable, and people-centered frameworks based on mutual respect and national sovereignty.
- Investments in human capital form the bedrock of the new economy. Human capital accounts for up to 70% of long-term economic growth in high-income countries. For the Global Majority, strategic priorities include accessible education, healthcare expansion, digital skills training, and managed migration. The demographic dividend of younger populations offers a pathway to accelerated growth, provided systematic investments in people are made.
- Technology serves as a multiplier of transformation, not an end in itself. Advanced technologies—AI, low-carbon energy, digital platforms, robotics, and biotech—are key levers for overcoming systemic barriers. By 2033, the market for frontier technologies is projected to reach USD 16.4 trillion. The Global Majority is already developing local platforms that reflect regional characteristics and compete successfully with Western counterparts.
- Connectivity across trade, logistics, finance, and media drives integration. Intra-regional trade, new transport corridors (e.g., INSTC, NSR), digital payment systems (e.g., CIPS, UPI, PAPSS), and alternative media ecosystems are building parallel globalization.
The work is based on an analysis of 696 essays from 102 countries in 16 languages submitted during the Open Dialogue, as well as data from the World Bank, IMF, UNCTAD, and other international organizations.
Authors
- Mikhail Bezborodov
Mikhail Bezborodov
Expert
Effective Government Policies
- Alexander Dyukarev
Alexander Dyukarev
Lead Expert
Digitalization and New Economic Models
- Margarita Rudnik
Margarita Rudnik
Head of Strategic Research Projects, Deputy Director
- Yaroslav Yalovenko
Yaroslav Yalovenko
Head
Global Economy and International Institutions
- Natalia Stapran
Natalia Stapran
Director