Evaluating the Global Economic Implications of De-Dollarisation and the Emergence of Alternative International Financial Systems
AGENDA
ECONOMIC AND SOCIAL COUNCIL
The Economic and Social Council (ECOSOC) has long served as the United Nations’ principal platform for fostering international economic cooperation and sustainable development. In an increasingly volatile global economy, ECOSOC turns its focus at DSMUN to a critical issue: the implications of de-dollarisation and the emergence of alternative international financial systems. As states seek to reduce dependence on the U.S. dollar through local currency trade, regional agreements, and parallel financial mechanisms, the foundations of the global economic order are being steadily re-examined. This transition raises pressing questions surrounding financial stability, global trade dynamics, and economic equity. The rise of competing monetary frameworks reflects not only diversification, but also a broader shift in economic power and strategic alliances along regional lines. At the same time, concerns remain regarding changing currency rates, reduced coordination, and the potential weakening of existing financial institutions. ECOSOC’s mandate calls for measured and pragmatic analysis. Delegates must evaluate whether de-dollarisation promotes a more balanced and inclusive global economy or risks deepening fragmentation, and what this evolving financial landscape signifies for long-term stability, cooperation, and sustainable development in an interconnected world.
CHAIRPERSON
YOHAAN MARDA
Yohaan is a 12th-grade IBDP student with a sharp academic focus on Economics, Mathematics, and the Sciences. On the MUN circuit, he has served as Deputy Chairperson at DSMUN 2025 and YEC 2025, where his Executive Board took home the Best Committee award for the Historical Crisis Committee. He now chairs the Economic and Social Council at DSMUN 2026 and Mock Stock at YEC 2026. As ACE Society Boy-in-Charge, he drives financial literacy within the school through workshops and student-led economic initiatives. He is also a published author; his book Ek Prayas was recognised by the Government of Maharashtra as one of the best publications of 2025. A competitive squash player, Yohaan has represented the IPSC team at nationals three times, winning medals across individual and team events. He also maintains active blogs on squash and economics, documenting his journey and thoughts in both fields. Outside of this, he engages in Round Square programmes, pursues photography, and loves lifting weights.
Ruhaan Lakhina is a 12th-grade student pursuing the IBDP with a keen interest in economics and data science. Beyond the classroom, he is fascinated by global policy and macroeconomic challenges, which led him to the world of MUN. An experienced writer and researcher, he serves as the editor-in-chief of the Economics Research Drive and the senior editor of The Econoncrat (the school’s premier economics publication). On the sports court, he enjoys playing basketball, representing his school team and having been selected to compete at the national level. Aligning his academic passions with his extracurricular pursuits, he is proud to serve in the post of Committee Director for the ECOSOC committee in DSMUN 26.
