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 Institute of Development and Sustainability (IDOS). The blog posts, appearing on every first and third Wednesday each month, are written by researchers from IDOS 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 Institute of Development and Sustainability (IDOS) via futureofglobalisation@idos-research.de.

Reading recommendation: For Africa, the G20 Hamburg Summit is a door stopper, not a bookend

By G20

Image: Juliane RosinAfrican leaders welcomed the Attention at this G20 Summit and praised Germany for the “new partnerships”. In concrete terms though, what results from this effort are the announcements of funding of less than $ 500 million. Time has come for the continent to position itself as part of the solution rather than part of the problems to address. Instead of being too distracted by others‘ plans, it’s time to have a plan for how the continent deals with them, G20 included.

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The G20 After Hamburg

By G20, ,

Blog Series: What remains of the G20 Hamburg Summit?

Image: Knoten

High hopes for the G20

Today people ask what the G20 is for. The answer is far from straightforward. With no written mandate, the G20’s value is in whatever it does. But to many, G20 action now seems arcane or ineffective, not worth the effort of large scale summitry. In this blog I attempt to show that the G20 has made and still can make a difference. It offers some guesses as to why doubts persist. And it gives a perspective of how the G20 might evolve.

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The Finance Track stays on track

By G20, , ,

Photo: Stock Market board

The G20 Finance Track remains on track after the Hamburg Summit. The final statement reads: “An open and resilient financial system, grounded in agreed international standards, is crucial to supporting sustainable growth”. Sounds familiar? It should. Leaders recognized the need of “effective and representative global economic and financial institutions to underpin growth and sustainable development”. No news here, either.

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Empowering women means building a stronger, more balanced, more inclusive and fairer global economy

By G20, , ,

Blog Series: What remains of the G20 Hamburg Summit?

In the topsy-turvy world of the G20, women’s economic empowerment – a controversial issue given the poor record of some G20 members – has become an area where it seems easier – relatively! – to build consensus. Praise, or blame, First Daughter Ivanka Trump to promote the gender economic agenda with her father. Or admire Angela Merkel’s diplomatic skills given that, earlier this year, she picked gender equality as one of the few items that were unlikely to be stumped on by the new US administration.

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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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