Photo: Future of Globalisation

The section Future of Globalisation in this blog provides a platform for debates on current world economic issues, global power shifts and views on the roles of formal and informal global governance institutions. It is an initiative of the German Development Institute / Deutsches Institut für Entwicklungspolitik (DIE). The blog posts, appearing on every first and third Wednesday each month, are written by researchers from DIE and our international partners, amongst them numerous prestigious think tanks from rising powers. In this blog, the authors of the contributions represent only their personal opinion. While aiming at cutting-edge research content, the blog intends to reach a broader audience of researchers, government officials and journalists. With this blog we carry on discussions that had initially been launched in 2016 as part of the Think20 process during the German G20 presidency. In 2018, we aim at continuing the debate about the role of the G20 broadening the focus of discussion to institutional and thematic matters of global economic governance.

If you are interested to contribute, get in touch with Axel Berger and Sven Grimm of the German Development Institute / Deutsches Institut für Entwicklungspolitik (DIE) via futureofglobalisation@die-gdi.de.

What momentum has the G7 given to sustainable development?

The G7 is a strange exercise: while this club of “historic” powers created in 1975 represents around 45% of global GDP, it is no longer representative of current international power relations, with the main “emerging” countries (China, India and Brazil) being absent. The French Presidency has nevertheless succeeded in keeping the international community’s attention on…

The G7 Summit in Biarritz: Finding agreement amid discord

Foto: Bridge in Biarritz

It is a common practice today to speak about the demise of the liberal world order. Threats to multilateralism, free trade and democratic values seem to arise from everywhere; both through a growing assertiveness of authoritarian regimes, but also from within liberal democracies.

Is the G20 more Effective in Crisis times?

Many observers have expressed frustration with the G20’s growing ineffectiveness after its stellar role in averting a global financial meltdown and deep recession following the 2008 crisis. Its subsequent performance has never quite matched up to that as the body traversed from crisis to recovery mode. Consensus and cooperation has eluded it more often than not since, in part because of shift in focus to more complex, underlying economic issues.

The G20 Osaka Legacy, from Global Summitry to the Korean DMZ

Picture of a Bridge and pagode in Osaka

The Group of Twenty (G20) Osaka Summit was relatively successfully, with progress on important policy issues, despite the awkward compromises on climate and trade. It might be remembered for its striking similarities with the preceding Buenos Aires G20 Summit. The unusually short, seven-month gap between the two summits left the core agenda largely unchanged, partly reflecting the broad continuities in world politics.