Challenge Proposal The G20 is an increasingly significant international summit for global economic governance; economic growth has always been at the core of its agenda. Since its start in 2008 the G20 has performed well in governing economic growth through strong deliberation and decision making on macroeconomic policy, … Read more
This session is curated by Jörg Rocholl, President, ESMT Berlin. On the macroeconomic level, there have been intense discussions for many years on how the Gross Domestic Product (GDP) as the key measure for the economic activity of a certain country or region in a given time period can be … Read more
The world continues to face great upheaval wrought by the pandemic and recently Russia’s invasion of Ukraine. Our many global threats — from climate change to pandemic vulnerability, from financial instability to cyber insecurity, from biodiversity loss to food insecurity – remain, but they require a radical reevaluation in the … Read more
Global development and environment talks were disrupted by the COVID-19 crisis, but the year 2021 resonates with renewed ambitions, with infrastructure investments a macroeconomic and geopolitical priority of recovery agendas. Yet, it cannot be about investing trillions in infrastructure for growth as after the 2008 global financial crisis. After over … Read more
Two questions are being asked with increasing frequency both in India and around the world. Is our pattern of economic growth sustainable? And fair? It is clear that a new approach is required for human development and societal progress in order to mitigate the prevalent risks to the environment and social … Read more
The wealth of our societies is typically described in terms of economic growth, production and income. Yet, people would probably name good health as their most important goal, particularly under the current pandemic circumstances. Economic prosperity is intrinsically dependent on public health. Investments in healthcare and R&D, as well as … Read more
The global system is focused on economic growth, with social prosperity and environmental sustainability as subsidiaries and derivative to economic growth. The transformational change needed to realign the political, economic and social systems, focusing on the wellbeing of people and the planet, requires a broad coalition of actors – actors … Read more
Inequality between regions is an important driver of the decoupling of economic and social prosperity. Economic prosperity is increasingly spatially concentrated, while left-behind regions struggle with poverty, bad education, inferior health, political extremism. The COVID-19 pandemic disruptions have created new spaces for change, as citizens and decision-makers around the globe … Read more
The COVID-19 pandemic has put a spotlight on how interdependent the world has become: the virus has spread across the world in no time, has brought economies down and global debt levels up. It has shown how fragile many achievements are: inequalities were exposed and trust in government was eroded … Read more
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