A combination of constraints in the Global North makes development difficult in the New South including economic policies that have increasingly become protectionist and focused on industrialism, sovereignty, nationalism, and strategic autonomy.
Countries with political consensus that are anchored to a dynamic region and can benefit from exports are better positioned to excel in the current climate.
The shift away from a rules-based international order to a transactional one will mean that countries that lack stability may struggle to create profitable economic relationships with other countries.
There is an opportunity to leverage the Atlantic Ocean as a public good to advance economic development across the South-North divide if nations that border the Atlantic can organize themselves to collectively manage the resource appropriately.