The British are doing what the Turks should have done
Güven Sak, PhD
17 March 2015
The highlight of the last week came from beyond the ocean. The headline of the Financial Times last Friday was “US attacks UK’s ‘constant accommodation’ with China.” According to the story, the Americans were disgruntled by the UK’s approach to China.
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Can Think20 overcome the “professional blindness” restraining G20 policymakers from fully engaging with emerging global challenges?
Ussal Şahbaz & Feride İnan
04 March 2015
First thoughts from the Think20 Turkey Launch Think20 (T20) Turkey kick off was held on February 11 in Istanbul with a large and diverse delegation from think-tanks from G20 and non-G20 countries. This post focuses on the potential role of the Think20 (You can also find the first impressions from the co-organizer of the launch event, CIGI, here).
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On Track for Inclusive Growth - How to make ends meet in G20?
Güven Sak, PhD
01 December 2014
Since the onset of the financial crisis, the G 20 Forum, whose membership consists of systemically important advanced and emerging economies, has emerged as the principal forum for inter-governmental economic cooperation. At the Washington Summit, building on the momentum created by deteriorating economic conditions, the G 20 leaders declared their commitment to respond to the crisis collectively to restore global financial stability. The leaders also agreed to follow up on a broader policy response to the crisis by exercising closer cooperation on non-financial issues including development, employment, trade, social issues and corruption among others. Thus, in addition to the Finance Track that focuses on economic issues and financial matters, the G 20 incorporated the Sherpas’ track to d
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Is the G20 still policy relevant?
Güven Sak, PhD
18 October 2014
The World has changed. In the past, the most powerful 7 countries were enough to govern the rest of the world. However , now we need more , and policy cooperation is becoming increasingly complex. What was once the G7 is now the G20, which represents more than two thirds of the world economy and includes both developed and developing countries. G20 was established in 1999. In the early 2000s, for those who followed global governance the G 20 was significant mainly because of its potential although the G 20’s global impact on policymaking was negligible . Then, something happened that was unprecedented in recent history: an economic crisis that spread all across the global economy. It was the urgency to respond to the crisis that turned G20 into an effective policy cooperation devi
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Time to readjust the focus of the G-20 once more
Güven Sak, PhD
31 August 2013
There is now less than a week left until the G-20 Summit in St. Petersburg. This is the eighth time that 20 heads of state have come together. I was in Moscow the other day, attending a pre-summit conference organized by the Higher School of Economics and the University of Toronto’s Munsk Center for G-20 Research. Everyone seems to agree that the agenda next week cannot but touch upon the developments in Syria. The summit is happening at a time when the Syrian crisis is further escalating, and its host has rather strong and contrarian views about Syria. Does that mean that the G-20 summit is doomed for political reasons? I beg to differ. There is an opportunity here.The G-20 is a forum for the leaders of the biggest economies around the globe to come together and discuss global
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