Global trade and investments at the receiving end

Anti-trade politics amongst trading nations
The Think20 must think of appropriate policy responses to anti-trade populism which could undermine global economic Revival.
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Anti-trade politics amongst trading nations
The Think20 must think of appropriate policy responses to anti-trade populism which could undermine global economic Revival.
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Protectionist measures have noticeably increased
Germany has taken over the G20 presidency at a time of increasing economic and political isolationism. In the face of a growing divide between those who benefit from globalization and those left behind, support for populist parties is on the rise in many industrialized countries, while mainstream parties are losing ground. The British vote to leave the European Union and the election of Donald Trump in the US are two of the most recent examples. The rising level of isolationism at present poses a risk to growth and employment potential. All in all, international integration has had a positive influence on the prosperity of all countries involved if distributed fairly. Germany should make use of its role at the head of the international forum and take a clear stance against the trend towards protectionism.
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Make the returns from cooperation ‘great again’
However necessary it may be, amid an anti-elitist zeitgeist, the optics of a lavish forum that brings together leaders from twenty of the world’s largest economies cannot help but come across as a little tone-deaf. In this blog, Hugh Jorgensen explores whether taxation might be one area where the G20 could demonstrate an appreciation of, and need to respond to, the public’s apparent and growing frustration with status quo economic policy.
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First day of the kick-off conference
What is the best way forward for the G20 to promote a sustainable and inclusive vision for the world? At the beginning of Germany’s G20 Presidency, the T20 addressed this challenge at its own launch event in Berlin over December 1-2. In a difficult global political and economic setting, discussions focused on how to make the G20 more relevant and responsive to the lives and needs of people.
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A fiscal stimulus for a troubled economy.
The German presidency of the Group of Twenty (G20) begins on December 1, 2016, in an even more difficult political context than the previous Chinese presidency. Due to the German federal elections scheduled for the second half of 2017, Chancellor Angela Merkel’s government moved forward the Hamburg G20 Summit to July 2017, intensifying the time-constraints on negotiators. Despite the circumstances, the forum should act with more urgency to achieve sustainable and inclusive global economic growth. In what could be a decisive year for the international economy, contributions from other members will be crucial.
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