International finance architecture

Center for China Studies, Chinese Academy of Sciences, Tsinghua University

Saudi Arabia

The Young Global Changers are the Global Solutions Initiative’s network of future leaders. Inspired, determined and committed, the Young Global Changers work hard to making the world a better place. In this interview for the Global Solutions Summit Round-up 2020, they share their insight and perspective on global challenges.

The closing interview of the Global Solutions Summit’s Round-up 2020 highlights lessons learned from the COVID-19 pandemic and how we can better link wealth, health and societal goods. Peter Bakker, President and CEO of the World Business Council for Sustainable Development, and Bob Moritz, Chairman of PwC, discuss in detail the role of businesses, the ... Read more

The discussion about ending the exceptional monetary and financial measures and policy strategies adopted after the 2008 Financial Crisis to return to a “new normal” in monetary policy, gained momentum in 2019 both among policy makers and in the academic research circles. Leading central banks started strategic reviews that should have reached conclusions before the ... Read more

In the past the G20 has shown its great potential to deal with a global crisis. Its decisive policy impulse ensured that the 2008 financial crisis did not lead to another Great Depression. The COVID-19 pandemic is another global crisis, which requires coordinated and bold action globally. The pandemic demonstrates powerfully the need for multilateralism, ... Read more

Curated and produced by Valdai Discussion Club As the world is facing an economic downturn aggravated by the coronavirus pandemic, the creation of multilateral mechanisms of mitigating the consequences of such crises is once again on the agenda. G20 is the appropriate platform to discuss such mechanisms, in particular, dealing with the fiscal stimuli. Limiting ... Read more

Curated and produced by the Friedrich-Ebert-Stiftung Global income and wealth inequality have increased dramatically in the last decade. Public money for acutely needed action on social and environmental problems is missing. The excessive wealth concentration erodes our societies’ social contracts and challenges the independence of democratic institutions. Calls for progressive taxation are getting louder to ... Read more