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GEGAfrica Discussions

  • G-20 and Africa: Time for More Effective Participation
    G-20 and Africa: Time for More Effective Participation The Group of 20 (G-20) will hold its ninth Leaders Summit in Brisbane, Australia next week.  Around the table are expected to be three African Heads of State from South Africa, Mauritania and Senegal. South Africa is the only permanent African member of this prestigious group that is the self-styled pre-eminent forum on global economic governance issues.
  • The 2014 G-20 Summit: Maximising growth, revenue and stability
    Written by
    The 2014 G-20 Summit: Maximising growth, revenue and stability Group of 20 (G-20) Summits are a magnet for expectations. Ever since the grouping was formed in the turbulent early days of the 2008 global financial crisis major stakeholders have pinned many hopes on the ability of the group to steer the globe back to growth.
  • G20: Crossing the Divide
    G20: Crossing the Divide As the only African member of the G-20, South Africa carries the weight not only of its own national interests but of being a voice for the concerns of African and low-income countries. While South Africa has no official mandate to represent anyone but itself, there is implicit pressure to ensure that those countries and institutions who participate in the G-20 processes at least understand how some their decisions might…
  • The politics of next year’s BRICS Summit in Russia
    Written by
    The politics of next year’s BRICS Summit in Russia When Russia hosted the first BRIC Leaders’ Summit in June 2009, which was attended by Brazil’s President Lula, Russia’s President Dimitry Medvedev, India’s Prime Minister Manmohan Singh and China’s President Hu Jintao, Russia's leader hailed Yekatarinburg the as 'the epicenter of world politics.' The need for major developing world nations to meet in new formats was 'obvious,' he said.
  • The G-20 and Key Issues Pertaining to South Africa’s Growth Strategy
    Written by
    The G-20 and Key Issues Pertaining to South Africa’s Growth Strategy South Africa’s current growth rate, and trajectory, is weak. Global circumstances, notably our exposure to continued European stagnation and financial market tapering by the US Federal Reserve Bank, are partly to blame. Structural conditions, particularly continued commodity dependence, weak manufacturing capacity, skills shortages, and infrastructure bottlenecks, also play a role.
  • The Unfair Nature of the World Trade Organisation
    Written by
    The Unfair Nature of the World Trade Organisation Thirteen years ago the World Trade Organization (WTO) essentially promised to put developing states needs at the forefront of international trade negotiation agenda. The start of the Doha Development Round of trade negotiations, in November 2001, saw the adoption of a Ministerial Declaration that was a positive response to the anti-globalisation riots and challenges seen at the ends of the 1990s. The five-day protests called the 'Battle of Seattle', which…
  • Washington after Fortaleza
    Written by
    Washington after Fortaleza Four months after the BRICS (Brazil-Russia-India-China-South Africa) launched their New Development Bank and Contingent Reserve Arrangement (CAR) at a Summit held in Fortaleza, Brazil, the World Bank and IMF convened for their Annual Meetings. For all the fanfare that met the announcement of the BRICS’ new financial infrastructure, not a lot has changed.
  • Global Economic Governance: Radical transformation or incremental reform?
    Written by
    In a recent interview with BBC Hardtalk, the economist and futurologist Jeremy Rifkin propounded a radical new vision of capitalism, or rather the end of capitalism, one where people produce their own energy, produce and share what they need and build an economy based on collaboration not competition.
  • South Africa in the G20: Changing perceptions of Africa?
    For some the Group of 20 (G20) is synonymous with political symbolism, for others the G-20 yields much influence in setting agendas for the global economy through the framing of discourses and the prioritisation of some ideas and policies over others. For South Africa, being the only African member of the G-20 brings with it the – at times, burdening – ‘first in Africa’ label. Although internationally of relatively small…

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