Fulbright Legacy Lecture series 2018 - Professor Lord Nicholas Stern
Professor Lord Nicholas Stern presented his essay, 'The Best of Centuries or the Worst of Centuries: Leadership, Governance and Cohesion in an Interdependent World' for the 2018 Fulbright Legacy Lecture Series.
Speaking at Kings College London, Edinburgh University and Pembroke College Oxford, Lord Stern spoke eloquently about a world that has changed dramatically in the last three decades.
He pointed to the rise of China and emerging market economies redrawing the international division of labour and the balance of economic power, and as a consequence the global commons coming under intense pressure. The international economic order, he said, which William Fulbright helped to build after the second world war, served fairly well for much of the second half of the last century. He warned that it must be re-cast for our increasingly interdependent world if we are to avoid the grave risks we face, including climate change, pandemics and conflict.
If we do, and this will require both leadership and collaboration, we could create a very attractive future, the best of centuries. If not, the destruction which could follow, could take us to the worst of centuries.
The full text of 'The Best of Centuries or the Worst of Centuries: Leadership, Governance and Cohesion in an Interdependent World' is available here.