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.

The G20 and Africa

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Africa and the German G20 presidency

The German government has identified deeper cooperation with Africa as one of the top priorities for its G20 presidency. Against this background, the German Development Institute / Deutsches Institut für Entwicklungspolitik (DIE) and the Kiel Institute for the World Economy (IfW), as the coordinators of the T20 process in 2016/17, together with the South African Institute of International Affairs (SAIIA), are hosting the T20 Africa Conference: Building alliances for sustainable development on 1-3 February in Johannesburg, South Africa.

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Trust and Leadership: G20 needs to step up its efforts

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Photo: Compass

We need responsive and responsible leaders.

Recent elections in both emerging and developed countries have shown that a growing proportion of our citizenry is discontent with the political establishment, as populist causes have gained support in many parts of the world. Trust in politicians and public institution is eroding. For too long, we have ignored these trends.

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Three policy options for Germany to lead the G20 towards carbon pricing

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Photo: White smoke over high CHP chimney

Push towards carbon pricing

At first glance, the outlook for climate policy in 2017 does not look too promising: Donald Trump has become the president of the US  and presented an energy plan that does not even mention climate change but is based on shale gas and coal. In addition, Europe’s often claimed leadership in climate policy is in jeopardy, with Brexit and the potential outcome of elections in the Netherlands and France, where populism and EU scepticism is on the rise.

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The economic consequences of Mr Trump

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Image: Balance

Impact on global trade balance

Ninety-two years ago, John Maynard Keynes wrote his famous essay The Economic Consequences of Mr Churchill. Economists today are going through a similar process for Mr Trump. Indeed the critical questions for the G20 this year are what the consequences will be of Mr Trump’s policies for the G20’s macroeconomic agenda, and what can the G20 do to address them.

 

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