Kategorie: Future of Globalisation

Political transition in the US – a tidal change for the Future of Globalisation? A collection of experts’ opinions

By Allgemein, Future of Globalisation, ,

Photo: The White House in Washington

Globalisation in the sense of increasing global connectedness has seen difficult times over the last years. The global financial crisis showed the vulnerability of our economic systems and middle classes. Multilateralism was challenged by “my country first” movements, not least so from the US, one of the godmother nations to the post-WWII world order. The other godmother, the UK, turned its back to the EU’s integration project. Furthermore, trade wars increased trade barriers and changed the setting for global production chains. And certainly in 2020, a global pandemic was (and is) most effectively curbed by the limitation of individual movements, often reducing cross-border linkages.

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Recalibrating The G20 in the Aftermath of Saudi Arabia’s Summit: Testing a Secretariat!

By Allgemein, Future of Globalisation, ,

Image: Renovation Construction Site, Recalibrating The G20 in the Aftermath of Saudi Arabia’s Summit: Testing a Secretariat! by Andrew F. CooperIn the Special Issue, After one decade of G20 summitry, edited by Axel Berger, Sven Grimm at the DIE and myself, I argued that the G20 had morphed from a crisis committee or steering group to being a hybrid focal point. In other words, the G20 could no longer be judged simply by its instrumental delivery. As a crisis committee, the G20 concentred its collective efforts on managing the aftermath of the 2008 Global Financial Crisis (GFC), but gradually ran out of momentum. Alternatively, as a possible steering group, the G20 has not been able to embrace the mandate of working together beyond the core financial agenda whether on climate change, migration, or other compelling issue areas.

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The T20 has come a long way – now it needs to take the next step

By Allgemein, Future of Globalisation, , , ,

Photo: Crossroads from above, by rarestohanean on Pixabay

Think tanks have become a noticeable actor in the G20 process. This is a result of the changing nature of the G20 itself, which evolved from a crisis committee into a network focal point. In this process, it has become more inclusive vis-à-vis transnational networks of societal actors such as business, civil-society, women’s organisations, and labour unions. Complex realities need different perspectives – and they also need analysis and research-based recommendations, which is the task of think tanks.

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Challenges of Globalization : Need to Balance Inter-Domain Speed Differentials

By Allgemein, Future of Globalisation, ,

Photo: Stained Glass spirale, Challenges of Globalization : Need to Balance Inter-Domain Speed Differentials

The crisis of decision making in a “globalized” world

Globalization and its attendant features have been attracting substantial attention of late. While discontents from globalization are chronicled regularly. The phenomenon  also underscores the increasingly emerging inter-connectedness among human beings transcending geographical separation. The increased scope of inter-connectedness makes it imperative for G20 to seize of this opportunity and create a global governance structure that protects people and the planet.

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