The Council for Global Problem-Solving (CGP) is a circle of world-class think tanks and research institutions committed to providing long-term policy advice to the G20 and associated international organizations.
The CGP forms the research base and intellectual core of the Global Solutions Initiative. Policy recommendations are accessible below via the G20 Insights platform.
Think 20 Dialogue
Japan has assumed the G20 Presidency on December 1, 2018. The Japanese government has mandated Asian Development Bank Institute, The Japan Institute of International Affairs and the Institute for International Monetary Affairs to take the lead role in coordinating the T20 Japan 2019 process during its presidency until November 30, 2019. Ten T20 Task Forces have been established to prepare Policy Briefs for the ongoing dialogue with G20 decision-makers and other relevant stakeholders.
Learn more about the G20 Insights Platform and the Japanese T20 process online. The Argentinian Think20 Summit 2018 took place in Buenos Aires on September 17-18, 2018. The German Think20 Summit 2017 – GLOBAL SOLUTIONS took place in Berlin on May 29-30, 2017. More information.
The annual Global Solutions Summit held by the Global Solutions Initiative brings together international research organizations, thought-leaders and decision-makers from politics, business and civil communities. More information available here.
The last summit took place on March 18-19, 2019 in Berlin. The summit aimed to provide policy recommendations on major G20 issues and to serve as a stepping stone to the Japanese Think20 Summit in May 2019 and the Japanese G20 Summit in June 2019.
Over 30 participants from the Council for Global Problem-solving (CGP) member institutes, as well as potential CGP-member representatives from Saudi Arabia, Mexico and Spain, joined in workshops and meetings at the Global Solutions Summit. The next Global Solutions Summit under the Saudi Arabian G20 Presidency will be held April 20-21, 2020.
Revitalizing Multilateral Governance at the World Trade Organization: Executive Brief based on the Report of the High-Level Board of Experts on the Future of Global Trade Governance
The trading system is in crisis. Urgent action is needed to revitalize its central organ, the World Trade Organization (WTO). Such action must come from its Members and be based on renewed multilateral dialogue on the use and effects of trade-distorting policies in both developed and developing nations. Dialogue is also needed to resolve conflicts regarding the operation of the WTO dispute settlement mechanism and to assess the functioning of the organization.
The fundamental consensus norm has been abused to resist multilateral discussion of new policy areas and concerns regarding the functioning of the organization. Members should reflect on whether WTO bodies provide them with the information they need to assess implementation of existing agreements and identify gaps where the rules need to be updated. Without discussing how the WTO operates, Members will not be able to create a framework for issues such as the governance of digital trade or how to enhance trade’s contribution to societal goals.
All WTO members benefit from the rules-based trading system. Participating in mega-regional trade agreements offers a complementary vehicle for cooperation to countries willing to deepen integration of markets, but this is not a viable alternative for many developing countries and risks fragmenting the rules that apply to global value chains. Nor will such agreements discipline key trade-distorting instruments such as subsidies.
Safeguarding the WTO is particularly important for smaller countries. Only the multilateral trading system offers them the opportunity to influence the development of new trade rules.
Download the full publication here.
Ageing, Investment and Foreign Trade – a Macroeconomic Perspective
In an ageing society, when a growing number of pensioners meets a decreasing number of working people, this leads to a decline in per capita GDP under otherwise unchanged conditions. However, the decline in the number of people in employment can be offset by higher labour productivity. Increased input of capital and technology increases the capital intensity of production and thus increases labour productivity. The investments required for this can be increased by net capital imports from abroad, including the corresponding trade balance deficit. Alternatively, in the phase when baby boomers are still in working age, the country can increase its investments at an early stage by reducing existing export surpluses.
Download the full publication here.
Over 30 participants from the Council for Global Problem-solving (CGP) member institutes, as well as potential CGP-member representatives from...