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.

The Munich Security Conference – three world orders in the making

Image: Munich Security Conference

New directions from Munich

Bringing together more than 400 foreign and security policy elites from the transatlantic community and an irritatingly small number of representatives from the non-Western world, the Munich Security Conference somewhat resembled a couple’s therapy session and an attempt at self-reassurance. Does the West still exist? Do we still need the West? What is the West about? And, finally, a huge question, which world order is it worth fighting for?

The G20 Foreign Ministers‘ Meeting: Rebuilding the Social Fabric of International Cooperation

On 16-17 February 2017 the foreign ministers of the G20 countries gathered in Bonn, Germany’s United Nations city. This was the second ever meeting of foreign ministers under the G20 umbrella, which brings together 19 of the world’s largest economies, plus the European Union. The discussion among the G20 foreign ministers officially centered around issues of a long-term nature such as the implementation of the 2030 Agenda for Sustainable Development and the Paris climate agreement, crisis prevention and resolution, and opportunities for deepening the G20’s relationship with African economies.

Panel discussion: The role of the G20 in fostering multilateralism

Photo: PanelistsThe G20 should play a prominent role in strengthening multilateral institutions. This view was recently echoed at a joint high-level panel discussion between policy-makers and Think20 experts. The panel discussion took place on the occasion of the second ever G20 Foreign Ministers Meeting on 16 February 2017, in the United Nations City of Bonn, Germany.

 

Managing globalisation: a small economy perspective

Photo: Skyline of Singapore

The vanguard of policy innovation

There is much to discuss as leaders gather in Germany for G20 meetings: from the sluggish global recovery, to the potential for protectionism and threats to globalisation, and the economic and social challenges and opportunities of technological disruption. Reinforced by changing political sentiment over the past year, there is a growing consensus that the global economy is not delivering the benefits that it needs to across the developed world.

The New U.S. Administration and the German G20 Summit: 3 Things to Watch

Photo: Trump Cartoon

A dance among major powers

In his inaugural address, Donald Trump declared “From this day forward, it’s going to be only America first” (a phrase, associated with opponents of entering World War II). Former German foreign minister Joschka Fischer commented that “‘America first’ signals the renunciation, and possible destruction, of the US-led world order that Democratic and Republican presidents, starting with Franklin D. Roosevelt, have built up and maintained – albeit with varying degrees of success – for more than seven decades.” (Project Syndicate, “The God of Carnage,” January 27, 2017)