At first glance, Russia’s exclusion from the G20 seems plausible. However, it cannot be overlooked that China is opposed to Russia’s isolation and that the current G20 presidency Indonesia as well as the next one – India – have also remained neutral at the UN. Markus Engels, Secretary General of the Global Solutions Initiative, discusses what this means for the international community in a guest article.
Global Solutions Summit 2022 is now available online. Watch the recordings and dive into working groups discussing policy recommendations for this year’s Indonesian G20 and German G7 presidency. High-ranking representatives of the German G7 and Indonesian G20 presidencies, and from politics, science, business, and civil society, discussed joint approaches to the most important global challenges.
Together with high-ranking representatives of the German G7 and Indonesian G20 presidencies, more than 4000 digital and more than 400 on-site participants from over 140 countries discussed collective approaches to the most important global challenges. Contributions were made, among others, by high-ranking Indonesian and German government representatives, In around 40 sessions, representatives of politics, science, business and civil society contributed to the goal of the Global Solutions Summit to improve global governance for the common good.
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)
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)
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.
- 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
- 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.