The far-reaching measures enacted by most countries worldwide to contain the COVID-19 pandemic have massive consequences for the economies. The situation affects almost every enterprise, regardless of whether it caters local communities or the global economy. The effects spread across countries as tightly knit global production networks are interrupted. Countries have different capacities to absorb the shock and counter it with fiscal policy. Not only the nature of a pandemic is global as it does not stop at borders; the tight integration of the world economy make the economic fall-out a global challenge to solve. The G20, as flexible forum of the world’s richest and most powerful countries, has a major role in stabilising the world economy: in coordinating fiscal and monetary responses, in helping developing country partners to manage the crisis, and in giving guidance and vision in these challenging times. Can the G20 live up to this task?
Share this Global Table
Freedom to Create the Economy We Need
German Minister for Economic Affairs and Energy
What can the G20 do to foster international economic cooperation to overcome the COVID-19 crisis and to restore economic growth?
Global Summit of Women
European University Institute
Queen Mary University of London
David Sloan Wilson
Binghamton University, USA
Moderator: Sabine Christiansen
Journalist & Media Entrepreneur
Future World Foundation & Global Solutions Initiative Special Advisor
University College London
Voices of the 2020 Young Global Changers
Ninety young people from around the world were selected to participate in the 2020 Global Solutions Summit as Young Global Changers. These young changemakers from academica, business and civil society contribute and debate in their various working groups on the Summit topics. Watch the video with statements and questions by the YGC Working Group on Policy Responses to COVID-19!
The Young Global Changers regularly contribute to the Young Global Changers blog. Browse through the YGC blog and read more articles on health and related topics, written by the Young Global Changers’ community.
Policy Recommendations, Policy Briefs and Articles
Policy Briefs contain recommendations and visions and cover policy ares that are of interest to G20 policymakers. The majority of the Policy Briefs has been developed by a corresponding T20 Task Force.
By Anton Pichler, François Lafond, J. Doyne Farmer, R. Maria del Rio-Chanona, Penny Mealy (University of Oxford – Institute for New Economic Thinking)
By Adam Brzezinski, Guido Deiana, Valentin Kecht and David Van Dijcke (University of Oxford – The Institute for New Economic Thinking)