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.
Time to align: The forces of globalisation, technology, and financial growth need to be reset for the future
Next week PwC will be represented at the Think20 (T20), a gathering of global think tanks in the lead-up to this year’s Group of 20 summit in Germany. The T20’s mission is to deliver a series of reports and thought leadership to aid the G20 leadership and inform the thinking of all the member governments at the summit.
The German Presidency of the Group of Twenty (G20) in 2017 takes place under conditions of uncertainty with regards to the outlook for both the global economy and international policy cooperation. Almost a decade after the Group was launched in its current iteration, G20 economies continue to struggle with the factors that led to the Great Recession of 2007 and losses that resulted from shortcomings in domestic and international governance are still to be recovered.
Growth enhancing policies, domestic resource mobilisation, and strengthening the budget position of governments in low and middle income countries has been a core focus of the G20’s development agenda. However, while the G20 has often focused on the taxation rules involving multi-national companies, here, Magalí Brosio considers whether more efficient and equitable expenditure policies, which individuals often use to lower their overall tax bill, could assist developing countries in strengthening their overall economic growth agendas.
A new interactions framework could be key to effective implementation of the Sustainable Development Goals by G20 governments. In this blog Måns Nilsson and Martin Visbeck explore possible ways of empirically tracking degrees of policy coherence between the 17 SDGs, and propose ideas as to what the G20 might do to promote accountability of member governments in upholding the 2030 agenda.
With Hamburg G20 Summit drawing closer, so too does the handover of the G20 presidency to the 2018 host, Argentina. In this blog, Jorge Argüello, Chair of the Embajada Abierta Foundation and former Ambassador of Argentina to the UN, explores possible areas around which the Latin American members of the G20 (Argentina, Brazil, Mexico) could work together to ensure Latin American perspectives and priorities are elevated and more effectively represented within the G20 process.