Sticking to the Job: Key Trade Policy Considerations for the G20 Hamburg Summit and Beyond
Development, International Centre for Trade and Sustainable | July 2017
Against the backdrop of a recovering yet fragile international economy and considerable political uncertainty, it cannot be overstated how important it is that the G20 “stick to its job” at the Hamburg Summit in July 2017 and beyond without diluting its focus. When G20 developed and emerging economies came together to cooperate and coordinate their efforts in the wake of the 2008 financial crisis, they defined their action based on a set of core values and a shared sense of responsibility towards strengthened global governance and effective stewardship of the world economy. Accordingly, successive G20 summits have focused on strategic “jobs” where the forum holds a comparative advantage and which can be better addressed than in alternative institutions or governance mechanisms. Two such advantages are the group’s composition and the ability to take a holistic approach to world financial and economic affairs. This volume brings together a collection of short essays—a number of which were presented at an ICTSD workshop held in parallel to the G20 Trade and Investment Working Group meeting in Berlin in February 2017—that reflect on some of key areas where the G20 has a comparative advantage. The authors put forward a set of policy options for the G20 to support inclusive international trade and investment.
CitationDevelopment, International Centre for Trade and Sustainable. 2017. Sticking to the Job: Key Trade Policy Considerations for the G20 Hamburg Summit and Beyond. © Economic Policy Research Foundation of Turkey. http://hdl.handle.net/11540/7575.
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