The T20 blog is an initiative of the German Development Institute / Deutsches Institut für Entwicklungspolitik (DIE) and the Kiel Institute for the World Economy (IfW). Both institutes have been encouraged by the German government to organise the T20 process during Germany’s G20 Presidency in 2016 and 2017. The T20 organises the collaboration of global think tanks and high-level experts in order to provide analytical depth to ongoing G20 discussions and produce ideas to help the G20 on delivering concrete and sustainable policy measures. The blog intends to bring an additional dimension to the way the T20 engages with members of our own research network, the broader public, and the German G20 presidency in advance of the 2017 G20 Summit in Hamburg.
Access to Financial Services But Without the Skills to Use Them: The Importance of Financial Literacy
At the 2010 G20 summit in Seoul, leaders recognized greater financial inclusion as a core component of global development in both rich and emerging economies, and established the Global Partnership for Financial Inclusion (GPFI). Following the recent GPFI meeting under Germany’s G20 Presidency over May 2-4, Annamaria Lusardi explores some of the costs of financial illiteracy, and makes the case for G20 leaders to expand financial literacy education services.
At the recent G7 energy ministerial in Rome, the Trump administration’s listlessness on climate change prevented attendees from being able to sign off on an endorsement of the Paris climate deal. With the G7 leaders summit in Taormina now only one month away, and the G20 leaders summit in Hamburg only two months after that, it seems Donald Trump is yet to be won over by those in his cabinet who believe it would be a mistake for an American President to attend both summits as the first world leader to cut and run from the Paris Agreement.
Food security in poor rural areas: the twofold challenge of raising agricultural productivity and adapting to climate change
On April 27 2017, representatives from some of the world’s most powerful economies will convene at the G20 international conference on rural development in Berlin. Ahead of this event, we argue that without concerted efforts to help small-scale farmers raise productivity and adapt to climate change the G20 will not come close to attaining its goal of securing global food systems as envisaged in the 2017 G20 Agriculture Ministers’ Declaration.
Advanced economies hold China responsible for global steel overcapacity. Yet, the postwar era has witnessed two steel overcapacity crises. The current debate cannot ignore past lessons.
Under the German presidency of the G20, the Women20 (W20) engagement group is focussing, among other issues, on the digital transformation and its effects on women’s lives. Recommendations will be passed on to G20 President Angela Merkel at the W20 Summit on the 26th of April in Berlin.