The G20 After Hamburg

By G20, ,

Blog Series: What remains of the G20 Hamburg Summit?

Image: Knoten

High hopes for the G20

Today people ask what the G20 is for. The answer is far from straightforward. With no written mandate, the G20’s value is in whatever it does. But to many, G20 action now seems arcane or ineffective, not worth the effort of large scale summitry. In this blog I attempt to show that the G20 has made and still can make a difference. It offers some guesses as to why doubts persist. And it gives a perspective of how the G20 might evolve.

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The Finance Track stays on track

By G20, , ,

Photo: Stock Market board

The G20 Finance Track remains on track after the Hamburg Summit. The final statement reads: “An open and resilient financial system, grounded in agreed international standards, is crucial to supporting sustainable growth”. Sounds familiar? It should. Leaders recognized the need of “effective and representative global economic and financial institutions to underpin growth and sustainable development”. No news here, either.

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Empowering women means building a stronger, more balanced, more inclusive and fairer global economy

By G20, , ,

Blog Series: What remains of the G20 Hamburg Summit?

In the topsy-turvy world of the G20, women’s economic empowerment – a controversial issue given the poor record of some G20 members – has become an area where it seems easier – relatively! – to build consensus. Praise, or blame, First Daughter Ivanka Trump to promote the gender economic agenda with her father. Or admire Angela Merkel’s diplomatic skills given that, earlier this year, she picked gender equality as one of the few items that were unlikely to be stumped on by the new US administration.

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Es gibt Geld wie Dreck

By Zukunft der Entwicklungszusammenarbeit, ,

Image: Haufen GeldVon Heiner Geissler stammt der berühmte Satz: „Es gibt Geld wie Dreck auf der Welt, es haben nur die falschen Leute.“ Das war 2011. Heute gibt es noch mehr Geld, und es ist erst recht in den Händen der falschen Leute. Schätzungen des Tax Justice Network zufolge liegen in den sogenannten „Steueroasen“ der Welt mindestens 21 Billionen Dollar, das sind 21.000 Milliarden Dollar. Eine 21 mit 12 Nullen.

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