POLICY AREAS
The following policy areas reflect important threads of the G20 work agenda that are of interest to G20 policy makers. Please choose your area of interest and find the respective policy recommendations on the following pages.
Overarching Visions
Visions help policy makers think about the principles for designing policies and help them communicate policies to the public. The Visions aim to align the policy objectives of different G20 member states.
- Repurposing our Economies – and our Businesses
- Toward Global Paradigm Change
- Beyond Capital and Wealth: Challenges of the G20
Videos
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 Insight Platform (https://www.g20-insights.org/) and the Japanese T20 process (https://t20japan.org/ ) online. The Argentina Think 20 Summit 2018 (https://t20argentina.org/) took place in Buenos Aires on September 17-18 2018. The German Think 20 Summit 2017 – GLOBAL SOLUTIONS took place in Berlin on May 29-30 2017. Please find more information at global-solutions.international.
Global Solutions Summit
The annual Global Solutions Summit held by the Global Solutions Initiative is bringing together international Research organizations, thought leaders and decision makers from politics, business and civil communities. The last summit took place on 18 – 19 March 2019 in Berlin. The summit aimed to provide policy recommendations on major G20 issues and thereby to serve as a stepping stone to the Japanese T20 Summit in May 2019 and the Japanese G20 Summit in June 2019. Please find out more at www.global-solutions.international.
Latest Policy Briefs
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High-quality infrastructure and land acquisition for infrastructure development through land trusts
Land acquisition is one of the main difficulties in infrastructure investment. When the construction of a road is planned, city officials must first negotiate with many landowners – a huge investment of time and money during periods of infrastructure construction. Japan experienced a massive problem building commercial building and condominiums, and as a result, started using land trusts extensively. Land trustsallow landowners to keep their property rights while leasing the land to commercial and condominium developers and collecting an annual rent. In this paper, the quality of infrastructure investment can be measured by assessing how much each respective infrastructure helped develop the region. Two measures were used to evaluate the spillover effects of infrastructure investment: One is to examine the changes in GDP along railways and roads compared to other regions where no impact of infrastructure
investment can be observed. Another is to look at changes in tax revenue along the infrastructure investment compared to the region where no impact was created by the infrastructure investment. High-quality infrastructure increases business activities and creates new employment in the region. It also provides opportunities to encourage more female participation in the workforce and to narrow income disparities. To increase spillover effects resulting from infrastructure investments, local government and railway companies must work together to further
develop the regions found alongside these railways and roads. New depot stations must broaden opportunities for SMEs to start their business and by providing new residential districts, to also increase the revenue collected from property and corporate taxes. Previous findings (Yoshino and Abidhadjaev (2016)) show that secondary school education and university education together with infrastructure development increases the spillover effects of infrastructure investments. Secondary school education provides workers with basic skills and a university education further enhances high-quality workers. -
The Need to Promote Digital Financial Literacy for the Digital Age
Digital financial literacy (DFL) is likely to become an increasingly important aspect of education for the Digital Age. The development of the ‘gig’ economy means that individuals will ecome more responsible for their own financial planning, including for retirement. Consumers will need to have increasing financial sophistication to make effective use of financial technology fintech) products and avoid fraud and costly mistakes. G20 countries need to agree on a standardized definition of digital financial literacy, design tools to assess it, and develop strategies and programs to promote digital financial education, including special programs for vulnerable groups.
In The Spotlight
Global Solutions Summit opens with the G20 Japan’s research and policy advice network
The third Global Solutions Summit in Berlin, Germany kicked off with calls for a paradigm change to recouple social, economic and political progress. Some 1,200 individuals attended the Global Solutions Summit, a Think20 Japan associated event, with 221 speakers from 120 countries […]
Contributing Think Tanks
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International Organization for Migration
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German Development Institute / Deutsches Institut für Entwicklungspolitik (DIE)
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Friedrich-Schiller-University Jena
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Australian Academy of Technology and Engineering
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Indian Council for Research on International Economic Relations (ICRIER)
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World Energy Council
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Elcano Royal Institute
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Fondazione Eni Enrico Mattei (FEEM)
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International Panel for Social Progress (IPSP)
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World Resources Institute
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Harvard University’s Weatherhead Center for International Affairs
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Human Sciences Research Council (HSRC)
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Oxford Martin School (OMS)
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HSRC BRICS Research Centre
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El Colegio de México
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Sophia University
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African Tax Administration Forum
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Center for Development Research (ZEF)
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Ghana Center for Democratic Development (CDD-Ghana)
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Centre for International Governance Innovation (CIGI)
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Georgetown University
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Mercator Research Institute on Global Commons and Climate Change (MCC)
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Institute for International Trade, University of Adelaide
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Hertie School of Governance
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Kiel Institute for the World Economy (IfW)
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Bruegel
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GEOMAR Helmholtz Centre for Ocean Research Kiel
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Chinese Academy of Engineering
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Economic Research Institute for ASEAN and East Asia (ERIA)
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Institute for European Environmental Policy (IEEP)
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European School of Management and Technology (ESMT Berlin)
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Shanghai Institutes for International Studies (SIIS)
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Centro de Implementacion de Politicas Publicas para la Equidad y el Crecimiento (CIPPEC)
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Italian Institute for International Political Studies (ISPI)
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Johann Wolfgang Goethe University
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OECD
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ASAP, Asociación Argentina de Presupuesto y Administración Financiera Pública
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International Food Policy Research Institute (IFPRI)
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Agencia Ecología Urbana Barcelona
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International Development Research Centre
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PwC Germany
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Hiroshima University
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Deutsche Gesellschaft für Auswärtige Politik e.V.
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Columbia Center on Sustainable Investment (CCIS)
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Institute for New Economic Thinking
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Centre International de Recherche sur l’Environnement et le Développement (CIRED)
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Overseas Development Institute (ODI)
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The Bridge Tank
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Japan International Cooperation Agency (JICA)
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ISEAL Alliance
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Council on Economic Policies
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Green Alliance
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Institute for Social Futures, Lancaster University, U.K.
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University College London
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Johannes Gutenberg University Mainz (JGU)
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University of St. Gallen
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RWI – Leibniz-Institute for Economic Research
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CEPS
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Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH
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Observer Research Foundation (ORF)
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Zhejiang University Center for Internet and Financial Innovation
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RCU
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Economic Policy Research Foundation of Turkey (TEPAV)
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World Health Summit
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Cologne Institute for Economic Research (IW)
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acatech – National Academy of Science and Engineering
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Charité – Universitätsmedizin Berlin
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Westfälische Wilhelms-Universität Münster
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The Brookings Institution
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Michigan State University (MSU)
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Columbia University
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Zeppelin University gGmbH (ZU)
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Climate Transparency
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AICGS – Johns Hopkins University
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GIGA German Institute of Global and Area Studies
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Consejo Argentino para las Relaciones Internacionales (CARI)
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South African Institute of International Affairs (SAIIA)
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Halle Institute for Economic Research (IWH) – Member of the Leibniz Association
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World Inequality Lab – Paris School of Economics