Kategorie: Future of Globalisation

The ‘China Shock’ : Three Phases of China-enhanced Globalization

By Allgemein, Future of Globalisation, , , , ,

The rising living standards that have come with China’s opening in the 1980s initially lent widespread support to the view of trade as a key engine of economic growth, North and South. For low- and middle-income countries, the rise of China has been shown to be a boon during the 2000s. As a result, the impact of China on both the low- and middle-income countries has grown significantly, while the impact of OECD countries has significantly declined.

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G20 should become more accountable – here’s how

By Allgemein, Future of Globalisation, , , ,

Photo: "Traffic in China"

The future of globalization will decisively depend on the future of international political cooperation. The G20 is one of the most important, but also one of the most criticized fora for the cooperation between the economically most powerful states. It is thus of upmost importance that it becomes more accountable to the public. We argue here that the most feasible and least intrusive step forward with regard to the G20’s accountability would be to take measures to increase its transparency.

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Global development finance – Cooperative multilateralism still has a chance

By Allgemein, Future of Globalisation, , , ,

Photo: Money

After the G7 summit in Canada it is questioned whether the global summitry, be it G7 or G20, can have any value anymore or whether it should be scrapped altogether, at least as long as cooperative multilateralism is regarded as useless by the largest economic and military power, the US. Is there anything substantial to be expected from the next G20 Summit in Argentina in November this year or from the next G7 summit in France in 2019?…

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