The biggest challenges are related to the forced division of the World and the global economy into two opposing socio-economic and political regions – the so-called Global North and the Global South. We belong to the Global North, which corresponds to the so-called Western World. Most countries in the Global South, despite the availability of significant resources so far have maintained a low standard of living, that is – high poverty, dense population, limited educational opportunities and underdeveloped health systems. But now these regions are beginning to become self-aware and overcome many of the accumulated historical mistakes and look for a strong partner who will not only use their resources but also invest in them on the basis of a more balanced relationship. This new drive and new strategy to raise living standards in the global south will become a major economic challenge for the global north, accustomed to high living standards. More limited access to resources will further hamper the already impossible by the laws of the economy and even the usual logic transition to a zero-emission economy.

The failure of the current model, with its inability to raise living standards in large parts of the periphery, cannot be a reason for globalization to be denied in principle.  Rather, it is proof that new ways and models should be sought to solve global problems. New models are needed that do not create severe imbalances and conflicts, but increase the quality of life more evenly.