Can the G20 save globalisation?

Abstract: Globalisation is in crisis. The German Presidency of the G20 in 2017 faces an unprecedented challenge. The G20 cannot save globalisation on its own, but it can play a vital role in finding and facilitating the necessary solutions. This GIGA Focus analyses why the G20 is well-suited to taking on this task, how it might do so, and the pitfalls it must avoid. Globalisation is worth saving, but it needs to be reformed. The G20 might be the ideal forum to achieve this. Its strengths lie in its origins as a crisis management group, its flexible structure, and the critical mass of countries that it brings together along with its outreach processes. A G20 negotiation to rescue globalisation could take three shapes: a) Multilateralism is revitalised and globalisation duly reformed b) multilateralism is diminished and we get a lower-scale but renegotiated globalisation c) multilateralism ends and de-globalisation ensues. The G20 needs high-level individual and collective political commitment

Alternative title
Kann die G20 die Globalisierung sichern?
Location
Deutsche Nationalbibliothek Frankfurt am Main
Extent
Online-Ressource, 12 S.
Language
Englisch
Notes
Veröffentlichungsversion
nicht begutachtet

Bibliographic citation
GIGA Focus Global ; Bd. 1

Classification
Politik

Event
Veröffentlichung
(where)
Hamburg
(when)
2017
Contributor
GIGA German Institute of Global and Area Studies - Leibniz-Institut für Globale und Regionale Studien

URN
urn:nbn:de:0168-ssoar-51669-5
Rights
Open Access; Open Access; Der Zugriff auf das Objekt ist unbeschränkt möglich.
Last update
25.03.2025, 1:55 PM CET

Data provider

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Associated

  • GIGA German Institute of Global and Area Studies - Leibniz-Institut für Globale und Regionale Studien

Time of origin

  • 2017

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