Schlagwort: G20

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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From growth to prosperity and well-being: How did G20 leaders deal with labour market issues?

By G20, ,

Photo: Art with red people

G20 leaders in Hamburg met against the background of high levels of uncertainty and dissatisfaction in their countries’ populations. Growing levels of inequality, the unclear impact of digitalisation, high youth unemployment, bad conditions for workers in global supply chains. These major global challenges were also mirrored in the manifold peaceful demonstrations in which protestors demanded a change in thinking about growth and globalisation. Did the G20 leaders adequately address these worries or did they continue with business-as-usual? Did they address the important questions of the future? 

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Reading recommendation: For the G20 – Let’s return to the original idea

By G20, Zukunft der Entwicklungszusammenarbeit,
Image: Start and finish line

The G20 need to get back to their routes

At its creation the G20 was meant to facilitate coordination, cooperation and problem-solving among key actors in a specific policy field, which then was global financial stability. The G20 was not meant to be a jack-of-all-trades, offering welcoming words and restating support for long-accepted and previously reconfirmed goals, as most subsequent G20 summits did.

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