News
Wanted: Young Global Changers and their award-worthy projects
To recognize and reward young changemakers from all over the world, the Global Solutions Initiative has newly created the “Young Global Changers Recoupling Awards”. The program aims to identify the ten most inspiring projects which contribute towards recoupling social, environmental, and economic prosperity. The creators of the most promising projects will be invited to present them to a high-level jury at the Global Solutions Summit 2022 on March 28-29, 2022, in Berlin. Three of those finalists will be awarded monetary prizes.
Dennis J. Snower:
The Climate Fiasco (in German)
We have failed! – comments Dennis J. Snower on the outcomes of the COP26 summit. He highlights that the failure of our socio-economic system will continue until our economies, businesses, and politicians strive for the maximization of GDP, shareholder-value, or voter approval. It is time for the system to be changed; it is time we recoupled economic and political prosperity with social and environmental prosperity.
Markus Engels: Wealth is not only achieved through growth
Why the upcoming German government should put the measurement of well-being beyond GDP into their coalition treaty. An op-ed by Markus Engels, secretary-general of the Global Solutions Initiative in Zeit Online (in German). He describes the idea that for social well-being to be measured solidarity, environmental performance, and agency (next to GDP) should also be considered. The concept has been described in the Recoupling Dashboard developed by Dennis J. Snower and Katharina Lima de Miranda (Institut für Weltwirtschaft Kiel).
Policy Advice
Capitalism Recoupled
This paper examines major forces that have decoupled economic and business prosperity from social prosperity and explores how recoupling can be promoted. Economists have specified well-known conditions under which free-market enterprise with shareholder value maximization is efficient.
D. Snower (Global Solutions Initiative),
C. Kelly (PwC)
The Socioeconomics of Pandemics Policy
To encourage people around the world to cooperate globally in tackling global problems, policymakers at local, national and global levels will need to encourage people around the world to cooperate globally in tackling global problems, with the aid of two powerful tools that humans throughout history have used to coordinate their efforts: identity-shaping narratives and institutions of multi-level governance. Read more.
D. Snower (Global Solutions Initiative)
Measuring what you treasure: The Recoupling Dashboard
To stop fragmentation among societies and to ensure economic activities are carried out sustainably, the use of GDP as an indicator of prosperity is no longer enough.
D. Snower (Global Solutions Initiative), K. Lima de Miranda (IfW Kiel)
Who we are
The Global Solutions Initiative is a global collaborative enterprise comprised of a network of world-renowned think tanks. It proposes policy responses to major global problems, addressed by the G20, the G7 and other global governance fora.
Our Vision
- To provide research-based policy advice to help governments tackle major global challenges of the G20 and beyond
- To generate proposals for aligning business, civil societies and governments for global problem-solving to address human needs in thriving societies
- To start a world-wide movement that aims to recouple economic, political and environmental prosperity with social prosperity
Our Mission
- To provide an intellectual backbone for the T20 process and thereby for the G20, pursued in the spirit of global citizenship for the recoupling of economic, social, political and environmental prosperity.
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