UN General Assembly
2019

All of that leads to another acute problem, which is the inequitable nature of economic globalization. In the opinion of many, it has not turned out to be the rising tide that lifts all boats. What actually happens is that the rich get richer and the poor get poorer. The potential for cooperation between regional economic blocs is not being fulfilled. That issue deserves special attention. Some analysts predict that the future global order will be a world built around regions rather than major Powers. Indeed, life has shown us that wherever regional integration is successful, the chances of political fragmentation diminish.