G20

Reading recommendation: G20 pushes for Africa Connect

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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.

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From growth to prosperity and well-being: How did G20 leaders deal with labour market issues?

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G20 change in how to talk labour

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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Reading recommendation: For the G20 – Let’s return to the original idea

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Need the G20 to get back to the routes?

At its creation the G20 was meant to facilitate coordination, cooperation and problem-solving among key actors in a specific policy field, which then was global financial stability. The G20 was not meant to be a jack-of-all-trades, offering welcoming words and restating support for long-accepted and previously reconfirmed goals, as most subsequent G20 summits did. The list of unmet global challenges is lengthening and the human, political, environmental and economic costs of global crises are mounting. So wouldn’t this be the time, Inge Kaul, Professor at the Hertie School of Governance, asks, to revert to the original G20 concept as a global forum for announcing concrete measures to resolve—not just chat about—the most pressing global challenge? Please continue reading…

For the G20 – Let’s return to the original idea

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The G20 need to get back to their routes

When the finance ministers of the G7 countries proposed the G20 in the late 1990s, a good sense of realism prevailed. They recognized that addressing issues of global finance required the political support from—and involvement of—emerging market economies. This view proved prescient in seeking policy responses to the 2007–08 global financial crisis. The leaders of the G20 met at their first summit in Washington D.C. in 2008 to agree on measures to resolve the crisis through dialogues among the “systemically relevant” countries.

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From Taormina to Hamburg: A fruitful G7-G20 relationship?

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Blog Series: What remains of the G20 Hamburg Summit?

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A rising sun on th G7-G20 relationship?

Only six weeks went by between the Taormina G7 and Hamburg G20 meetings, which were both chaired by a major EU Member State. A substantive link between the two summits was therefore to be expected. Indeed, at least to some extent, a useful connection was set in motion. The results of these two events seem to suggest an informal – but organic – relation between the diplomatic and cooperative efforts of the much narrower and more homogeneous G7 with the G20 summit.

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