Economy

G20: Harnessing Digital Innovations for Resilient and Inclusive Growth

Posted on by

Image. Computerchip
Digital innovation and inclusive growth

The promotion of digital innovation and inclusive growth in an increasingly digitized global economy have become mainstream concerns within the G20 agenda. In this blog, Marina Larionova traces the evolution of the G20’s involvement in bridging digital and economic growth policies, and proposes a set of priorities for the G20 digital ministers to consider at their upcoming meeting over April 6-7.

Read the rest of this entry »

Sharing as a positive sum game: The new digital economics

Posted on by and

Image: Network Cables
Rapid digitalization is changing the landscape

Ahead of the G20 Digital Minister’s meeting on April 6, Rajat Kathuria and Smriti Chandrashekar consider some of the ways in which the rapid digitalization of commerce and economics is changing the G20 policy landscape. As the shared economy places more emphasis on access rather than ownership, thereby creating conditions for better resource allocation, the authors highlight key developments that will form the backdrop of next week’s meeting.

Read the rest of this entry »

Infrastructure Investment in Africa: How the G20 can help Africa50 Succeed

Posted on by

Image: Motorway junktion
Missing infrastructure limits development

One of Germany’s goals under its G20 Presidency is to achieve sustainable economic progress in Africa, particularly through infrastructure investment. A concrete, actionable deliverable could be for the G20 to help support Africa50 – a new Africa-owned and led infrastructure investment initiative – get off the ground.

Read the rest of this entry »

Macroeconomic Policies for 2017 and beyond

Posted on by

Image: Stock exchange Market
Fiscal policy options for G20

In this post, Fabrizio Carmignani considers the global macroeconomic context of this year’s G20 meetings. In the face of sluggish GDP growth, and increasingly limited space for further monetary policy manoeuvre, Carmignani outlines potential fiscal policy options for G20 governments to consider individually, and collectively. Read the rest of this entry »

The German G20 Presidency and International Cooperation in Uncertain Times

Posted on by

Image: Coins and a chart
A fiscal stimulus for a troubled economy.

The German presidency of the Group of Twenty (G20) begins on December 1, 2016, in an even more difficult political context than the previous Chinese presidency. Due to the German federal elections scheduled for the second half of 2017, Chancellor Angela Merkel’s government moved forward the Hamburg G20 Summit to July 2017, intensifying the time-constraints on negotiators. Despite the circumstances, the forum should act with more urgency to achieve sustainable and inclusive global economic growth. In what could be a decisive year for the international economy, contributions from other members will be crucial. 

Read the rest of this entry »