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Jokowi begins the fight against lame duck status in Indonesia’s G20 year (East Asia Forum)

Ahead of the Rome G20 Summit in October 2021, the G20 looked like it was in danger of losing the plot. What a relief, then, to see Indonesia bring the G20 back to its bread-and-butter global policy challenges as it takes over as its chair for 2022. Jokowi begins the fight against lame duck status in Indonesia’s […]

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The good, the bad and the incongruous at the Rome G20 (Yves Tiberghien, East Asia Forum)

In its self-assigned capacity as ‘the premier forum for international economic cooperation’, the G20 disappointed in Rome. It was unable to massively accelerate COVID-19 vaccine distribution or generate a critical acceleration to solve the climate emergency and mark the end of coal. Three of the five BRICS leaders were not even present. The good, the bad and […]

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The G20 risks becoming a mini-UN. That’s a bad thing (Hung Tran, Atlantic Council)

The Group of Twenty (G20) nations came of age during the great financial crisis of 2008 to hash out major economic and financial regulatory policies among the world’s largest economies. But with US President Joe Biden making an effort to rebuild alliances with fellow democracies, the G20 appears to have evolved into a G7+13—with a more […]

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Expert briefing: What to watch at the G20 (Atlantic Council)

Leaders are flocking to Rome this weekend for the annual Group of Twenty (G20) nations summit, which will gather the world’s top economies at a pivotal moment in the global recovery from COVID-19. With many of the leaders hopping to the United Nations climate change summit shortly after this gathering, climate will likely be a hot topic—but the leaders […]

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The G20 Family Reunion (Paola Subacchi, Project-Syndicate)

Relationships among leaders have historically been what drives progress at the G20, despite struggles to agree on specific commitments or language. But, between virtual meetings and US-China tensions, those relationships have become strained, and repairing them must be a top priority at the group’s upcoming Rome summit. The G20 Family Reunion by Paola Subacchi – […]

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The G20’s Pandemic Wake-Up Call (Masood Ahmed, Project-Syndicate)

G20 leaders must recognize that pandemics are a national and global security threat, and expend some political capital to shift the international health-security machinery from its current equilibrium. Their forthcoming summit in Rome is the right moment to establish a new vision of global public health. The G20’s Pandemic Wake-Up Call by Masood Ahmed – […]

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The G20 and the road to recovery from the COVID-19 crisis (East Asia Forum)

When the G20 leaders first met in November 2008, they recognised that a recovery from the global financial crisis could not be orchestrated by rich economies alone. The composition of the G20 reflected the shift in the world’s economic centre of gravity, towards Asia and the emerging economies around the world. Its agenda back in […]

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The G20 needs to do more than recycle the G7’s agenda (Adam Triggs, East Asia Forum)

The world economy is facing a two-speed recovery. The rich world is overheating. The poor world is stagnating, with Asia’s developing countries at its centre. Left to fester, both worlds will soon start exporting problems to each other, creating a dangerous feedback loop. The G20 needs to do more than recycle the G7’s agenda | […]

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G20 agrees aid to avert Afghanistan humanitarian crisis (Al Jazeera)

The Group of 20 (G20) has agreed to work together to avoid a humanitarian disaster in Afghanistan, even if it means having to coordinate efforts with the Taliban, Italian Prime Minister Mario Draghi said after hosting an emergency summit. The European Union opened the talks on Tuesday by pledging one billion euros ($1.2bn), which will go to […]

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The Italian G20 Presidency welcomes the 1st meeting of the Creditor Committee for Ethiopia under the Common Framework for Debt Treatments beyond the DSSI (G20 Italia 2021)

On Thursday 16 September, a Creditor Committee co-chaired by France and China was established to address the issue of Ethiopia’s debt sustainability. G20 and Paris Club creditors met the Ethiopian authorities to discuss their request. The Italian G20 Presidency welcomes the 1st meeting of the Creditor Committee for Ethiopia under the Common Framework for Debt […]

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A new proposal for the G-20 to strengthen the global financial safety net (Brahima Sangafowa Coulibaly and Eswar Prasad, Brookings)

Undoubtedly, the economic recovery from the COVID-19 pandemic will dominate the agenda for the G-20 Summit in Rome in late October. The summit also presents an opportunity to lay the foundation for a more robust and resilient global financial system. The creation of a new global liquidity insurance mechanism (GLIM) would expand the financial safety […]

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G20/Debt Service Suspension Initiative. The failures of the G20’s Debt Service Suspension Initiative (William N Kring, East Asia Forum)

As the more lethal and contagious Delta variant of COVID-19 rips across the globe, the prospects of multilateral efforts to combat the virus, tackle the looming global debt crisis and mount a sustainable economic recovery are dim. Nowhere is the insufficiency of the multilateral response more apparent than on the issue of debt relief. The failures of […]