About this episode

The episode discusses the flaws in the global economy's architecture that generate conflict, featuring insights from experts on economic interdependence and monetary systems.

What if trade wars, sanctions, debt crises, and geopolitical rivalry are not merely political failures, but symptoms of deeper flaws in the architecture of the global economy? In this two-part episode of Visions of a Better World Podcast, Max Tallberg and Astrid Aminoff are joined by Professor Heikki Patomäki and Dr. Konsta Kotilainen both contributors to Deweaponizing Interdependence: Bringing the Idea of International Clearing Union into the Twenty-First Century (available open access) , to discuss the book’s central arguments and their relevance in today’s increasingly fragmented world economy. The conversation explores how the current international monetary system contributes to global instability, geopolitical tensions, and economic inequalities. In the first episode, the guests discuss the weaponization of economic interdependence, the limits of monetary hegemony, and why the absence of adequate global monetary institutions may itself be generating conflict. In the second episode, the focus shifts to solutions and the idea of a Global Clearing Union: an international institution that would facilitate trade and financial exchanges through a shared accounting system, helping…

People in this episode

Hosts: Max Tallberg, Astrid Aminoff

Guests: Heikki Patomäki, Konsta Kotilainen

Topics covered

• global economy
• international monetary system
• economic interdependence
• geopolitical tensions
• global cooperation
• financial exchanges

Keywords

• trade wars
• sanctions
• debt crises
• global instability
• economic inequalities
• Global Clearing Union

Mentioned in this episode

Books & works: Deweaponizing Interdependence: Bringing the Idea of International Clearing Union into the Twenty-First Century

Explore listener stats, chart rankings, contacts and more on the Visions of a Better World podcast page.