Global development finance – Cooperative multilateralism still has a chance

Posted on by

Global financing: What to expect from next global summitry?
What to expect from next global summitry?

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? Weiterlesen »

After the G7 Summit: When you think it can’t get any worse…

Posted on by

Photo: Shreddered Pieces of Paper
Ripping apart the final communique

The G7 Summit on 8 and 9 June 2018 in Charlevoix, Canada, ended in the worst possible outcome. Even an open clash at the negotiation table would have been better than President Trump’s post-summit withdrawal from the joint communique. On his road of destruction of the existing international order, Donald Trump has deprived the G7 of its operating principle: the forging of shared purpose as a basis of joint action among a select group of important countries. This is a bad omen for the upcoming G20 Summit in Buenos Aires, Argentina, at the end of the year.

Weiterlesen »

The G7 summit: Look for a strong climate statement with or without the US

Posted on by

Image: Panorama of La Malbaie
A strong outcome is needed

The 44th meeting of G7 leaders takes place in Charlevoix, Canada on June 7th and 8th 2018. As the host of this year’s gathering – the sixth G7 meeting in Canada – Prime Minister Justin Trudeau set five themes for the meeting. The cross-cutting goal of Advancing Gender Equality and Women’s Empowerment is to be woven into the themes of Investing in Growth that Works for Everyone, Building a more Peaceful and Secure World, Preparing for Jobs of the Future and, Working Together on Climate Change, Oceans and Clean Energy.

Weiterlesen »

Bringing positive energy to the trading system: EU, Japan and Africa move to sign mega-trade deals

Posted on by

Photo: Container Trade Ship
Leading to greater trade cooperation

Trade policy headlines are dominated today by the ups and downs of the United States-China relationship, the renegotiation of the North American Free Trade Agreement (NAFTA) and the Brexit process. There is concern on the effects that disintegrating closely linked economic partners could have on growth, jobs, supply chains, and consumers. The perils of a return to unilateralism and power-based mechanisms threaten the relevance of the World Trade Organization (WTO).

Weiterlesen »

Africa and globalisation: Transforming from taker to shaper?

Posted on by

Photo: True size of AfricaIn recent years, a growing number of G20 nation states have used various forms of summit diplomacy to enhance engagement with the African continent through regular high-level meetings. These have been operationalised through initiatives such as the Forum on China-Africa Cooperation, India-Africa Forum Summit, Africa-EU Summit, the Korea-Africa Forum, the Turkey-Africa Partnership Summit, the United States-Africa Leaders Summit, and the Tokyo International Conference on African Development.

Weiterlesen »