The Fourth Danube Institute – The Heritage Foundation Geopolitical Summit - DAY 1 PART 2

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Since the last Danube Institute-Heritage Foundation Geopolitical Summit, the world has seen a number of changes and accelerations. Within democracies, we have seen more people vote in 2024 than in any year in modern history; we have seen the power of corporations continue to increase, with implications for the power of the state; we have seen the erosion of the remaining vestiges of post-cold war unipolarity, and the consolidation of a multipolar model of world power; we have seen increasing tensions between the advocates of the energy realism, and the heralds of energy idealism; and we have seen the competition for hearts and minds and the supposed ‘moral high ground’, in the context of at least two wars that have divided the opinions of nations and families alike.

In the context of all of this, this year’s Summit brings together leading thinkers, writers, and practitioners to discuss these topics, centered on the unifying theme that they all share: ‘Whose New World Order?’

Does the near future belong to the left or right? Does power lie with the state, or corporate interests, and which is preferable? Who sets the rules of the game in a multipolar world? Which energy strategy will best prepare societies for the rainy days ahead? And which narratives of peace and justice will prevail, in the face of escalating conflicts with global implications? The panels will discuss all these topics in the context of the conference theme.

0:00 - INTRO

0:25 - PANEL III, MULTIPOLARITY: CONNECTIVITY OR COMPETITION?

As is well known, recent years have seen a decline of the post-cold war ‘unipolar’ model of global power, and the emergence of a multipolar world. In the face of increasing regional tensions — be they expressed culturally, economically, or militarily, what is the best strategy going forward? Ought countries to pursue a strategy of connectivity? Or is a disintegration of the connective tissue between regions — the hallmark of the post-cold war era of globalisation — inevitable? The panel will weigh which understanding of global order ought to triumph, and which has the momentum on its side.

3:56 - Panel Keynote: Dr. Swapan Dasgupta, Member of the National
Executive of the Bharatiya Janata Party (BJP)
20:34 - Prof. Damjan Krnjevic Miskovic, Director for Policy Research,
Institute for Development and Diplomacy at ADA University
35:09 - Prof. Doug Stokes, Professor of International Security and Strategy,
University of Exeter
45:42 - Glen E. Howard, Former President, The Jamestown Foundation
1:02:16 - Dr. Gladden Pappin, President, Hungarian Institute of International
Affairs

1:15:18 - AUDIENCE QUESTIONS

1:32:24 - PANEL IV, THE FUTURE OF ENERGY: GREEN DREAMS VERSUS REAL NEEDS?

It is well known that recent events, not least the war in Eastern Europe, has highlighted the delicacy of the world’s energy market. In the context of this, new sources are being sought to offset risk and achieve energy stability and affordability, not least in Europe. In the face of this reality, what is the place and status of energy idealism, and the mantras of sustainability, carbon net-zero, and other associated shibboleths of contemporary governance? The panel will assess whose order will be
imposed on world energy markets.

1:35:18 - Panel Keynote: Prof. Brigham McCown, Senior Fellow, Hudson
Institute
1:48:44 - Dr. Sara Vakhshouri, Founder and President of SVB Energy
International; Professor and Director of Center for Energy Security and
Diplomacy, IWP
2:01:07 - Dr. Ralph Schoellhammer, Visiting fellow, Mathias Corvinus Collegium (MCC); Adjunct professor of political science, Webster Vienna Private University
2:10:53 - Csaba Gondola, Chief Advisor to Hungarian Energy Minister
2:16:43 - Timothy M. Egan, President and Chief Executive Officer, Canadian
Gas Association

2:25:40 - AUDIENCE QUESTIONS

2:52:35 - CLOSING DISCUSSION: HUNGARY’S PLACE IN THE GLOBAL ORDER

• Honorable Tony Abbott, A. C., Former Prime Minister of Australia
• H. E. Ambassador Péter Sztáray, State Secretary for Security Policy &
Energy Security
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