G20 India 2023

TF-1: Macroeconomics, Trade, and Livelihoods: Policy Coherence and International Coordination

The current global scenario requires coordinated efforts by the G20 countries to deal with monetary, fiscal, trade, and investment policies to ensure employment and better livelihoods. The G20 and international financial institutions may aim at a monetary policy that could strike a balance between liquidity, interest rate, and exchange rate to control macroeconomic imbalances. Fiscal measures need to be designed for coherent and balanced economic policies that stimulate growth. With macroeconomic stability, recovery of trade may open up opportunities for MSMEs, which would augment employment and livelihoods. Hence, it is important to discuss ways of promoting better coherence within countries on monetary and fiscal policies as well as stronger international coordination among nations, and also suggest ways to make them responsive to economic imperatives. The task force will also examine the interrelationship between trade and investment policy and global supply chains, and how they are impacted and shaped by national macro-economic policies. Workstreams:
  • Monetary Synchronisation and Fiscal Space
  • Trade, Investment, and Supply Chain Resilience
  • Economic Growth, Employment, and Livelihoods
  • Poonam Gupta, National Council of Applied Economic Research (NCAER), New Delhi
  • N. R. Bhanumurthy, Dr. B R Ambedkar School of Economics University (BASE University), Bengaluru
  • Albert Park, Asian Development Bank, Tokyo
  • Axel Berger, German Institute of Development and Sustainability, Germany
  • Fukunari Kimura, The Economic Research Institute for ASEAN and East Asia, Indonesia (ERIA), Jakarta
  • Gala Díaz Langou, Center for the Implementation of Public Policies for Equity and Growth (CIPPEC), Argentina
  • Gülbin Şahinbeyoğlu, Economic Policy Research Foundation of Turkey, Turkey
  • Harsha Vardhan Singh, Global Trade Observer, India
  • Heungchong Kim, The Korea Institute for International Economic Policy, Republic of Korea
  • Marcos Caramuru, Brazilian Center for International Relations, Brazil
  • Pami Dua, Delhi School of Economics, India
  • Radhicka Kapoor, Indian Council for Research on International Economic Relations, India
  • Rakesh Mohan, The Centre for Social and Economic Progress, India
  • S.K. Mohanty, Research and Information System for Developing Countries, India
  • Sergio Alcocer, Mexican Council of Foreign Affairs, Mexico
  • Tetsushi Sonobe, Asian Development Bank Institute (ADBI), Japan
  • Vera Helena Thorstensen, Center for Global Trade and Investment Studies, Brazil
  • Yose Rizal Damuri, Centre for Strategic and International Studies (CSIS), Indonesia
G20 India 2023
G20 India 2023

Supply Chain Resilience, Friend-shoring, and the Pursuit of Non-Economic Objectives

Mia Mikic (Waikato University), Biswajit Nag (Indian Institute of Foreign Trade), Sherry Stephenson (PECC Taskforce on Services)
G20 India 2023

Reducing Financial Inclusion Gaps: A Policy Roadmap for Developing Economies

Pami Dua (Delhi School of Economics), Deepika Goel (Aryabhatta College), Neeraj Kumar (DepartmentofEconomicAffairs), Neha Verma (KiroriMalCollege)
G20 India 2023

Resilience and Inclusivity in Cross- Border Digital Supply Chains through Digital Services Trade and Investment

Jane Drake-Brockman (Institute for International Trade, University of Adelaide), Pascal Kerneis (University Paris Saclay), Harsha Vardhana Singh (Global Trade Observer), Badri Narayanan Gopalakrishnan (National Council for Applied Economic Research and Centre for Social and Economic Progress), Rajat Kathuria, Manjeet Kripalani (Gateway House, Indian Council on Global Relations)
G20 India 2023

Building Resilience to External Shocks in G20 Economies

Pami Dua (Delhi School of Economics), Divya Tuteja (Economics Division)
G20 India 2023
G20 India 2023

Addressing Cross-border Spillover Risks of Climate Transition Policies: The Role of the G20 and IMF

Rishikesh Ram Bhandary (Research Fellow, Center for International Environment and Resource Policy, The Fletcher School, Tufts University), Régis Gourdel (Institute for Ecological Economics), Xiaobei He (Macro and Green Finance Lab), Lara Merling (Boston University Global Development Policy Center), Irene Monasterolo (Vienna University of Economics and Business)
G20 India 2023

Institutions, Fiscal Space, and Social Health Protection

Bodhisattva Sengupta (Department of Humanities and Social Sciences), Maulik Chokshi (Access Health International), Amarjyoti Mahanta (Department of Humanities and Social Sciences), Agnirup Sarkar (Department of Humanities and Social Sciences), Arun B Nair (Access Health International), Tushar Mokashi (Access Health International)
G20 India 2023

Mitigating Risks and Harnessing Opportunities for the Digitally Enabled Care Economy

Florencia Caro Sachetti (Centro de Implementación de Políticas Públicas para la Equidad y el Crecimiento, (CIPPEC)), Vanesa D’Alessandre (CIPPEC), Carolina Robino, Katja Freiwald (UN Women), Ankita Panda (The Asia Foundation), Sabina Dewan (JustJobs Network), Estefania Charvet, Francisco Cos Montiel (Gender Justice and Development), Megan O’Donnell (Center for Global Development), Gillian Dowie (IDRC), Manisha Desai (UNRISD)
G20 India 2023

Transforming the WTO for Inclusive and Resilient Globalisation

Yose Rizal Damuri (Centre for Strategic and International Studies), Sanchita Basu Das (Asian Development Bank)
G20 India 2023

External Debt Management in Africa: A Proposal for a ‘Debt Relief for Climate Initiative’

Otaviano Canuto (Policy Center for the New South), Karim El Aynaoui (Policy Center for the New South), Hafez Ghanem (Policy Center for the New South), Badr Mandri (Policy Center for the New South)
G20 India 2023

How do Trade and Investment Contribute to Peace and Stability? What Should Policymakers do?

Matthew Stephenson (World Economic Forum), Jonathan Douw (Leiden University and Geneva Graduate Institute), Peter Draper (Institute for International Trade in the Faculty of the Professions, University of Adelaide, Australia)
G20 India 2023

Fiscal Reform in the Digital Era: Implementation of OECD Pillar One

Adrianto Dwi Nugroho (Faculty of Law), Riatu Mariatul Qibthiyyah (Institute for Economic and Social research, Faculty of Economics and Business, University of Indonesia (LPEM-UI)), Christine Tjen (Tax Education and Research Center, Faculty of Economics and Business, University of Indonesia), Syahda Sabrina (Institute for Economic and Social Research, Faculty of Economics and Business, University of Indonesia)
G20 India 2023

A Broader Trade Facilitation Approach for Resilient and Sustainable Global Value Chains

Sanchita Basu Das (Asian Development Bank), Nishant Jain (Asian Development Bank), Devyani Hari (Centre for Responsible Business), Nandini Sharma (Centre for Responsible Business)
G20 India 2023

Resilient Rare Earths: Pathways for the G20

Yogesh Joshi (Institute of South Asian Studies), Kapil Patil (Friedrich-Alexander-Universität Erlangen- Nürnberg), Kartik Bommakanti (Observer Research Foundation)
G20 India 2023

GVCs, Resilience, and Efficiency Considerations: Improving Trade and Industrial Policy Design and Coordination

Otaviano Canuto (Policy Center for the New South), Mahmoud Arbouch (Policy Center for the New South), Pepe Zhang (Adrienne Arsht Latin America Center), Abdelaaziz Ait Ali (Policy Center for the New South)
G20 India 2023

Mobilising Tax Revenue for Sustainable Development in Asia

Yuho Myoda (Economic Research and Regional Cooperation Department), Donghyun Park (Asian Development Bank), Yothin Jinjarak (Asian Development Bank), Shu Tian (Asian Development Bank), Gemma Estrada (Economic Research and Regional Cooperation Department), Robert Breunig (Crawford School of Public Policy), Sanjeev Gupta (Center for Global Development), Samuel Christopher Hill (Prospects Group), João Tovar Jalles (University of Lisbon)
G20 India 2023

Achieving Quality Health for All by Enhancing Healthcare Supply Chain Resilience and Trade Liberalisation

Upalat Korwatanasakul (School of Social Sciences, Waseda University), Pitchaya Sirivunnabood (Asian Development Bank Institute (ADBI)), Anirudh Prem (Centre for Health Diplomacy), Aniruddha Inamdar (Centre for Health Diplomacy), Kiran Bhatt (Centre for Health Diplomacy), Sanjay Pattanshetty (Department of Global Health Governance (DoGHG)), Helmut Brand (Prasanna School of Public Health (PSPH))
G20 India 2023

Risk and Resilience of GVCS and the Role of the G20

Saon Ray (Indian Council for Research on International Economic Relations), Smita Miglani (Institute of Economic Growth)
G20 India 2023

Boosting Industrial Development in Low- and Middle-Income Countries Through Management Training for MSMEs

Yuki Higuchi (Faculty of Economics), Girum Abebe (Africa Region Gender Innovation Lab), Terrence Kairiza (Department of Economics), Edwin P. Mhede (DART (a public transport services agency in Tanzania)), Khondoker Mottaleb (Agricultural Economics and Agribusiness Department), Tetsushi Sonobe (Asian Development Bank Institute)
G20 India 2023

Reducing Data Asymmetry to Strengthen Supply Chains

Amit Kumar (Research Information System for Developing Countries), Anushka Saxena (Indo-Pacific Studies Programme)
G20 India 2023

Ensuring Access to Finance for Women Entrepreneurs

Dinah Bennett (Enterprise Development, Women’s Economic Imperative), Krupa Sriram (Sampark), Rishika Rathore (Fundraising & Impact), Irma Grundling (Yakini Development Consulting), Yolanda Gibb, Suki Iyer (Sampark), Anne Jenkins (Women’s Economic Imperative), Margo Thomas (Women’s Economic Imperative), Carmen Niethammer (European Investment Bank), Arlen Pettitt (Gender and Entrepreneurship Northeast (GENE)), Smita Premchander (Sampark)
G20 India 2023

Developing a Digital Trade Facilitation Framework for the G20

Debdeep De (PricewaterhouseCoopers Private Limited), Salahuddin Ayyub (PricewaterhouseCoopers Private Limited), Sayandeep Chattopadhayay (PricewaterhouseCoopers Private Limited)
G20 India 2023

Catalysing SDGS Achievement through Community Engagement: A Case Study of the Dayalbagh Model

Pami Dua (Delhi School of Economics), Arsh Dhir (Advisory Committee on Education), D. Bhagwan Das (Dayalbagh Educational Institute (Deemed to be University)), Ashita Allamraju (University of Toronto), Apurva Narayan (University of Western Ontario), V.B. Gupta (Online and Distance Education Programme)
G20 India 2023

Advancing a Global Collaborative Partnership Framework for Sustainability Standards and Regulations

Alin Halimatussadiah (The Institute for Economic and Social Research, Faculty of Economics and Business, Universitas Indonesia), Damayanti Buchori (T20 Indonesia, Center for Transdisciplinary and Sustainability Sciences (CTSS)), Felipe Carazo (World Economic Forum), Johan Swinnen (International Food Policy Research Institute), Muhammad Adriansyah (Institute for Economic and Social Research), Muhammad Nur Ghiffari (Institute for Economic and Social Research), Rizal Algamar (Tropical Forest Alliance), Wildan Al Kautsar Anky (Institute for Economic and Social Research)
G20 India 2023

Latest Policy Briefs

Register for Updates

Would you like to receive updates on the Global Solutions Initiative, upcoming events, G7 and G20-related developments and the future of multilateralism? Then subscribe here!

1 You hereby agree that the personal data provided may be used for the purpose of updates on the Global Solutions Initiative by the Global Solutions Initiative Foundation gemeinnützige GmbH. Your consent is revocable at any time (by e-mail to contact@global-solutions-initiative.org or to the contact data given in the imprint). The update is sent in accordance with the privacy policy and to advertise the Global Solutions Initiative’s own products and services.