Summit season has flashed before our eyes in 2020. The Covid-19 pandemic means we have largely been spared of the “theatre of summitry”, with less headline-grabbing drama than in previous years. For the G20, this was an opportunity to once again become a functional forum focused on developing
2020 could be defined as a year of global crises – health, political, environmental and economic. The G20 is caught among all four, and how the forum responds raises questions about whether it is facing its own existential crisis.
With a chaotic US election and presidential transition as well as
As the Covid-19 pandemic deepens, the need for international cooperation to deal with the twin health and economic crises has been highlighted. While much is made of the failings of the World Health Organization, other international bodies have fared no better. In particular, the G20 – which
The online summit between the leaders of Singapore and Australia on Monday didn’t get much attention amid a stock market meltdown and tensions within Australia’s newly formed federal-state leadership Cabinet to deal with coronavirus.
The virtual meeting made the best
The Covid-19 outbreak has rapidly gone from a crisis for China to a crisis for the world. The pandemic is desperately crying out for international leadership.
So far that has been sorely missing. An extraordinary (virtual) meeting of G20 leaders, to be held on Thursday, will hopefully begin
The recent G20 energy and environment ministers meeting in Osaka delivered an “implementation framework” for reducing the rapidly increasing levels of plastic waste choking the world’s seas and oceans. This year’s framework declaration echoes concern already expressed at the 2017 G20 meeting
The G20 leaders’ summit hosted by Japan last Friday and Saturday left many observers underwhelmed. The purpose of the G20 leaders’ summit, since its inception in 2008 to deal with the global financial crisis, is for leaders to work together to deliver “strong, sustainable, balanced and
A rap-style music video to promote the Osaka G20 leaders’ summit to be held on 28–29 June contains the lyrics “Let’s talk! Let’s dance! Here is Osaka wonderful city! Let’s conversation! Hard communication! Come on!”.
The promotional video was produced by an Osaka-based group made up
Data, debt and plastic dumping
The prospect that China and the US are now going to use next week’s Group of 20 nations summit in Osaka to extend their trade negotiations rather than take them to the precipice may give some new life to the rest of the agenda.
Japan’s Prime Minister
This truce is by no means the end of trade tensions between China and the US.
Over what was undoubtedly a delicious dinner last Saturday night on the sidelines of the G20 meeting in Buenos Aires, US President Donald Trump and Chinese President Xi Jinping agreed to extend the deadline for the
Successive federal governments have declared Australia to be an “energy superpower”. The 2017 Foreign Policy White Paper is the most recent example, highlighting the size of Australia’s exports of coal and liquefied natural gas.
Yet Australian foreign policy has often overlooked energy
Watchers of international financial markets have focused in recent months on the possible ramifications of an escalating trade war. The World Trade Organisation recently warned that rising trade tensions are impacting business confidence and investment decisions.
Against the background of
In many ways, the city-state of Hamburg embodies the self-image that contemporary Germany likes to project. With sparkling new galleries and trendy cafés interspersed among rough-and-tumble beatnik quarters and burly workers' bars, it exudes an elegant but unpretentious charm. The gleaming new
Last week the Russian Presidential Academy of National Economy and Public Administration hosted a conference on the G20, BRICS and furthering international economic cooperation. In the same week, The Economist launched a ‘special report on Russia’ featuring a cover image of Vladimir
Today marks the drawing down of the G20 Studies Centre at the Lowy Institute. The Centre was established to provide high quality public analysis of international economic governance. The government supported this work over the most intense period of the G20 for Australia, in the lead-up and the
G20 summits are a busy time for scholars of global economic governance. There is a surprisingly small pool of us around the world who look at these issues day in, day out, and there are literally thousands of journalists whose minds are either turning to the G20 for the first time, or for the first
China’s first G20 Summit was, as promised, a big show. But, right down to the unanticipated delay in releasing a communique for several hours, it will not go down as a smooth one. For many, the event will also cement the G20’s reputation as a modern-day talk shop, and a forum unable to
The 21st edition of the G20 Monitor highlights considerations for the G20 ahead of the 4–5 September 2016 G20 Leaders’ Summit in Hangzhou, China. It also canvasses three topics that are possibly of interest to the 2017 German G20 Presidency: cyber rule-setting, global migration governance, and
In this Lowy Institute Analysis, G20 Studies Centre Research Fellow and Project Director Tristram Sainsbury and Research Associate Hannah Wurf argue that the G20 should be at the centre of Australia’s approach to international economic engagement in the years ahead.
Photo: Getty Images/VCG
China has its first big opportunity to demonstrate global economic leadership when it hosts this year’s G20 meetings. The G20 leaders’ summit will be held in Hangzhou on 4 and 5 September. So far, China looks to be taking the job seriously.
When I was in Beijing in March, I was assured that
The 20th issue of the G20 Monitor discusses the economic leadership China can display in 2016 by opening its services sector; the successes and structural gaps in the G20 financial regulatory agenda; the merits of G20 target-setting; and how the G20 can respond to the new Green Finance Study Group.&
G20 discussions were back in international media headlines during the last week, as Shanghai hosted the first major meeting of China's 2016 G20 Presidency. The concluding statement issued by finance ministers and central bank governors on Saturday was strong on rhetoric, and Chinese leadership
The 19th issue of the G20 Monitor focuses on the state of the G20 in the initial months of the Chinese G20 Presidency and examines policies that could contribute to the G20’s core goal of improving global economic growth.
Photo: Getty Images/ChinaFotoPress
With this year's summit season coming to an end, Turkey will officially hand over the G20 hosting baton to China on 1 December 2015. The Hangzhou Leaders' Summit has already been announced for 4 and 5 September 2016, slightly earlier than previous years to avoid clashing with the US presidential
By the Lowy Institute's G20 Fellow Tristram Sainsbury and Research Associate Hannah Wurf
The 2015 G20 Leaders' Summit will be remembered for taking place in the aftermath of the brutal attacks in Paris, as leaders scrabbled to show unity and collective action.
In coverage of the summit, every
The G20’s tenth leaders' summit will take place in Antalya, Turkey at the end of this week. Predictions about what will eventuate from the Summit vary from John Kirton’s declaration that it promises significant success to Matt Goodman’s cautioning against expectations of a substantial summit
The Turkish presidency of the G20 is scheduled to host an astounding 86 meetings in 2015. That's an average of more than one and a half per week and it's a lot more than the then-record 60-odd meetings held in 2014. This year's official tally also underestimates the total number
G20 engagement group representatives from Business (B20), Civil Society (C20), Labour (L20), Think Tanks (T20), Women (W20), and Youth (Y20) have contributed to the 18th issue of the G20 Monitor. The representatives address how their groups have contributed to the G20 process in 2015, their
A thousand pages on corporate tax shenanigans is not normally the sort of thing that captures the public imagination. But amid the technical detail of international tax rule changes proposed by the OECD lie some of the most fundamental governance developments of recent years.
The aim of the OECD-
G20 energy and resources ministers concluded the first-ever G20 Energy Ministerial in Istanbul over the weekend. Their communique is an initial response to the call from G20 leaders at last November's Brisbane summit to meet and progress nine agreed principles on energy collaboration.
By the Lowy Institute's G20 Fellow Tristram Sainsbury and Research Associate Casper Wuite.
Chatham House's Paola Subacchi recently asked why the G20 has not addressed the Syrian refugee crisis. She acknowledges that refugee issues have not historically been within the G20's bailiwick. However, she
The G20 has become a key international forum since it was set up in 1999. When Australia began its presidency of the 2014 summit in Brisbane, many commentators suggested that Australia’s chairing of the G20 would reinvigorate it. This timely book looks at what that meeting achieved and what has
A new engagement group was launched in Ankara on Sunday with the aim of encouraging the G20 to bring more women into the global economy. The launch of the Women 20 (W20) was a prominent event, with the Turkish Prime Minister Ahmet Davuto?lu, IMF Managing Director Christine Lagarde and OECD
Infrastructure is now a standard item on the G20 agenda. Serious infrastructure shortages are ubiquitous. With global economic growth slow, ample construction capacity and interest rates at historic lows, there seems to be an opportunity to address the infrastructure gap. But many governments see
The G20 does not have a great track record when it comes to climate change. This is a problem, because the group includes the world's main greenhouse gas emitters. G20 countries have agreed to a global target not to warm the earth more than 2°C above pre-industrial levels as part of the UN
Can tax laws keep up with globally operating businesses and constant technological change? This is a fundamental challenge confronting governments.
It is also the reason tax is getting a lot of attention in the Australian media, particularly coverage of the Senate inquiry into corporate tax
In 2002 David Dollar and Art Kraay, both at the World Bank at the time, published an article in the Journal of Economic Growth called 'Growth is Good for the Poor'. Dollar and Kraay showed that if an economy's growth increased by a percentage point, then growth of the incomes of the poor increased
The 16th issue of the G20 Monitor examines the three priority ‘i’s of the 2015 Turkish Presidency: inclusiveness, implementation, and investment. It explores the basis for the ‘i’s, assesses progress made on the priorities to date, and suggests policies the G20 can pursue for each priority.
In this Analysis, Howard Bamsey and Kath Rowley argue that any failure to pay proper, high-level attention to the current international climate change negotiations raises several risks to the national interest. Strong, constructive engagement in those negotiations by Australia would serve climate
International Women's Day was celebrated yesterday, and there is cause for optimism with regards to progress in women's rights and important commitments undertaken to reduce gender inequality.
Many international organisations came out in strong support of the day, including UN Women and the IMF. In
Is this a silly question to ask, given the reported low taxes paid by Google, Apple, Yahoo, Starbucks and others? The G20 and OECD think there is a major problem and have launched an Action Plan to combat 'base erosion and profit shifting' (BEPS).
But many of the submissions to the Australian