As editors, we are thrilled to launch the Future of Globalisation blog. It provides a platform for debates on current world economic issues, global power shifts and the roles of formal and informal global governance institutions and relevant networks. These debates, based on solid empirical research, are increasingly important in view of a global system fraught with mounting uncertainties. The blog posts are written by researchers from international renown institutions, amongst them numerous prestigious think tanks from rising powers, and from the German Development Institute / Deutsches Institut für Entwicklungspolitik (DIE).
The global economy has been struggling for some time with surplus resources in search of a destination for optimum returns. The German G20 Presidency tried to address this issue with enhanced focus on strengthening cooperation with Africa. What are the policy choices for India? Together with Japan, India is committed to support quality and sustainable development through the Asia Africa Growth Corridor (AAGC). The time to walk the talk is there and the opportunity should be seized.
At first glance, the communiqué of the G20’s Hamburg Summit is an ordinary piece of international diplomacy. However, as is often the case, context is key to assess its real importance. Two context factors defined this year’s negotiations of G20 leaders in the exhibition halls in the city center of Hamburg. Within the negotiation room, an unruly US president questioned a number of common positions that had already been adopted by the G20 in previous years.