Munich Security Report voices worries over 'lose-lose dynamics'

BERLIN -- An annual report published ahead of this year's Munich Security Conference expressed worries over the "lose-lose dynamics" amid growing geopolitical tensions and rising economic uncertainty.

The Munich Security Report 2024, released on Monday in Berlin, said many governments are no longer focusing on the absolute benefits of global cooperation, but are increasingly concerned that they are gaining less than others.

Prioritizing relative payoffs may spur lose-lose dynamics while jeopardizing cooperation and undermining the international order, the report said.

The report expressed fears that as zero-sum mindsets are on the rise, there might be a greater risk of geopolitical tensions and distrust.

The report is designed to serve as a basis for discussion at the global security conference, which will see its 60th anniversary this year. The event is scheduled for Feb 16-18 in Munich, southern Germany.