Global emergencies and economic stability research: rethinking the international economic order in the perspective of the sustainable development

In recent years, in the wake of the 2008 financial crisis, countries have been forced to guarantee economic stability in various forms (financial, monetary and fiscal). We sit before a global public good, potentially beneficial for all of humanity which bears positive effects by means of a strong intergenerational component. However, its relative production and supply requires strong international cooperation in order to define the right policies and mechanisms for as much sharing as possible. Nonetheless, the solutions adopted, especially amidst the 2008 financial crisis, significantly impacted the economic and social rights of individuals, fueled by stringent austerity. A demand emerged from all of this, intricately detailed in the UN Agenda 2030, to reassess the current neo-liberal international economic order, a prime host where this turbulence manifested itself, setting all the subjects and actors of the international community on the right course to develop solutions that protect future generations who, more than any others, risk paying the greatest costs of the crisis itself. The UN Agenda 2030 is committed to a strong solidarity value which, from an economic standpoint, appears to have been, during the economic crisis which has come about due to the Covid-19 pandemic and the recent war conflict between Russia and Ukraine, welcomed and rolled out through solutions and mechanisms which are no longer inspired by stringent and potentially damaging austerity, above all at the European level as occurred in the EU’s latest past.