Photo: Future of Globalisation

The section Future of Globalisation in this blog provides a platform for debates on current world economic issues, global power shifts and views on the roles of formal and informal global governance institutions. It is an initiative of the German Institute of Development and Sustainability (IDOS). The blog posts, appearing on every first and third Wednesday each month, are written by researchers from IDOS and our international partners, amongst them numerous prestigious think tanks from rising powers. In this blog, the authors of the contributions represent only their personal opinion. While aiming at cutting-edge research content, the blog intends to reach a broader audience of researchers, government officials and journalists. With this blog we carry on discussions that had initially been launched in 2016 as part of the Think20 process during the German G20 presidency. In 2018, we aim at continuing the debate about the role of the G20 broadening the focus of discussion to institutional and thematic matters of global economic governance.

If you are interested to contribute, get in touch with Axel Berger and Sven Grimm of the German Institute of Development and Sustainability (IDOS) via futureofglobalisation@idos-research.de.

FfD4 Countdown: A Watered-Down Proposal on Tax Expenditures Risks Undermining Countries’ Domestic Revenue Mobilization

Image of the Square in Seville, “4th International Conference on Financing for Development 30 June–3 July 2025 Seville, Spain”

Image by Gerhard Bögner on Pixabay

Governments’ decisions to grant preferential tax treatments have a direct impact on their ability–or inability–to finance their sustainable development goals. At the Fourth Conference on Financing for Development in June, countries must commit to greater oversight of tax expenditures, including implementing minimum reporting standards and rationalizing ineffective or harmful tax expenditures.…

Image of the Square in Seville, “4th International Conference on Financing for Development 30 June–3 July 2025 Seville, Spain”

Investment Facilitation for Development: What Should FfD4 Deliver?

The Fourth International Conference on Financing for Development (FfD4), scheduled for 30 June – 3 July 2025, presents a pivotal opportunity to address the large financing gap hindering sustainable development. The recent first draft of the outcome document of FfD4 underscores the urgency of mobilising additional and innovative financing from all sources, both public and…

Photo of the Johns Hopkins University in Baltimore with dark clouds in heaven.

Science as early casualty in the authoritarian turn

At flabbergasting speed, we currently see a very unappetising authoritarian turn in the United States under President Donald Trump. Numerous executive orders, often on questionable legal basis, target international cooperation and funding for academia, which, in the mind of “strongmen”, merit little attention, anyways. Most importantly, though, these decrees target the state’s capabilities to operate…

The former Federal Chancellery in Bonn's government district, today the headquarters of the Federal Ministry for Economic Cooperation and Development (BMZ).

Umbau statt Zerfall: Entwicklungspolitik jetzt anders aufstellen

Bonn, den 20. März 2025. Die USA erschüttern in diesen Wochen die Strukturen internationaler Sicherheits- und Kooperationspolitik. Sie stellen die Beistandsverpflichtung der NATO und das Zusammenwirken mit Europa in den Vereinten Nationen in Frage. Sie überziehen ihre Partner mit Zöllen. Sie verabschieden sich aus Vereinbarungen wie dem Pariser Klimaabkommen und der 2030 Agenda für nachhaltige…

Image of the Square in Seville, “4th International Conference on Financing for Development 30 June–3 July 2025 Seville, Spain”

Frozen in time: How to rethink the role of foreign aid in FFD4

Whether time moves linearly or circularly, is subject to debate in the natural and social sciences. Meanwhile, the FFD4 process suggests the primacy of circularity, at least when reading the draft outcome document’s references to “Official Development Assistance” (ODA). In brief, the document calls for scaling up the volume of ODA (colloquially foreign aid) along…