By Kalinga Seneviratne SINGAPORE. 13 September 2023 (IDN) — In a rare demonstration of consensus, Russia and the US welcomed the New Delhi Declaration of the G20 summit on 10 September that did not condemn Russia for its invasion of Ukraine. Instead, they focused on the development challenges facing the global community. Russian Foreign Minister […]
By Robert Mizo* This article was issued by the Toda Peace Institute and is being republished with their permission. NEW DELHI 5 July 2023 (IDN) — India’s presidency of the G20 for 2023 has been hailed with much fanfare and national pride in India. The G20, being a club of leading economies, accounts for 74 […]
Viewpoint by Nagesh Kumar and Kevin Gallagher Nagesh Kumar, a former Chief Economist of UNESCAP, is Director of Institute for Studies in Industrial Development, a New Delhi based policy think-tank. He tweets @nageshkum. Kevin Gallagher is Professor and Director of the Global Development Policy Centre, Pardee School of Global Studies, Boston University, USA. He tweets […]
Viewpoint by M Emilia Berazategui The writer is Global Advocacy Coordinator at Transparency International. This article first appeared on Voices for Transparency – a collection of articles, stories, analyses and opinions from the anti-corruption movement curated by Transparency International. All views and statements represent those of the authors, and do not necessarily reflect those of […]
By Santo D. Banerjee NEW YORK | BUENOS AIRES (IDN) – Going by the 31-point G20 Leaders’ declaration titled ‘Building consensus for fair and sustainable development’, a plenty more drew the focus of the November 30-December 1 summit than preoccupation with shadow-boxing between the champion of ‘America First ‘ and the rest of the world. […]
By Inge Kaul
BERLIN (IDN-INPS) – When the finance ministers of the G7 countries (Canada, France, Germany, Italy, Japan, the United Kingdom and the United States) proposed the G20 in the late 1990s, a good sense of realism prevailed. They recognized that addressing issues of global finance required the political support from – and involvement of – emerging market economies.
This view proved prescient in seeking policy responses to the 2007–2008 global financial crisis. The leaders of the G20 met at their first summit in Washington D.C. in 2008 to agree on measures to resolve the crisis through dialogues among the “systemically relevant” countries.
Analysis by Ravi Kanth Deverakonda
GENEVA | HAMBURG (IDN) – The G20 summit in Hamburg on July 7 and 8 delivered a grand declaration of compromises on “major global economic challenges” and “shaping an interconnected world”, but failed to address the grave economic and existential problems of more than three billion people in poor and developing countries, according to those who attended the meeting.
The 15-page declaration issued by the leaders of the 20 major industrialised and developing countries attempted hard to reverse the tide of opposition against globalisation, asserting that “globalisation and technological change have contributed significantly to driving economic growth and rising living standards across the globe.”
By Samantha Sen
HAMBURG (IDN) – The moment said almost all at the G20 summit in Hamburg July 7-8. The heads of government were gathered in a hall, they were requested to turn around towards a presentation. All looked in the direction required – except for U.S. President Donald Trump. And so everyone was looking one way, the U.S. President another. He turned around after a nudge.
Which is where the ‘almost’ comes in. Momentary symbolism on offer like this has to stop somewhere. Trump was given that nudge by British Prime Minister Teresa May. It isn’t May trying to turn Trump towards a consensus with other leaders; she’s looking her own other way herself. And she refused to raise climate change with Trump in the course of a 50-minute bilateral meeting; she only raised it informally after that meeting had ended.