The Global Economic Governance (GEG) Africa programme is a policy research and stakeholder engagement programme to strengthen the influence of pro-poor African coalitions at global economic governance fora.
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India, Brazil and South Africa foreign ministers met informally in Pretoria on 4 June, 2018 for the informal meeting of IBSA Foreign Ministers, adopting and jointly releasing the IBSA Declaration on South-South Cooperation, to contribute to greater understanding of development co-operation as a common endeavour of the Global South. It includes increasing advocacy for reforms of global governance institutions in multilateral fora, as well as driving people-centric social policies for restructuring the international financial architecture and reforming international organisations.

Governments and international organisations, the private sector and academics meet with the aim of fostering trade action in least developed countries and building deeper collaboration and commitment to integrate such nations into global and regional trade. Progress over the past decade will be discussed, with a view to determining what more is needed and to obtaining new commitments by LDC leaders to use trade to meet the Sustainable Development Goals (SDGs).

Wednesday, 13 June 2018 17:15

G20 Meetings: 19-20 June 2018

  • Third Meeting of the Framework Working Group, 19-20 June 2018, Kyoto, Japan
  • Forum on Steel Excess Capacity Ministerial Meeting (TBC), 20 June 2018, Paris, France

 

Energy transitions is one of the 11 work streams of the G20, with the transition to cleaner, more flexible and transparent energy systems a priority. The working group promotes the strengthening of energy efficiency and renewables, energy access, reducing inefficient fossil fuel subsidies, energy data transparency and market digitalisation.

Wednesday, 20 June 2018 17:08

BRICS Meetings: 20-21 June 2018

  • Eighth meeting of the Agriculture Co-operation Working Group, 20 June, Nelspruit
  • Eighth meeting of the Ministers of Agriculture and Agrarian Development, 21 June, Nelspruit
Monday, 18 June 2018 16:59

BRICS Meetings: 18-21 June 2018

  • Meeting of Experts on Tax Matters, 18-19 June 2018, Johannesburg
  • Meeting of the Heads of Tax, 20-21 June 2018, Johannesburg

Sub-Saharan Africa can expect a modest growth uptick, while decisive policies are needed to reduce vulnerabilities and raise medium-term growth prospects, according to the IMF’s Regional Economic Outlook: Domestic Revenue Mobilization and Private Investment. Monetary policy must be geared towards ensuring low inflation.

The Opportunities For All: OECD Framework for Policy Action on Inclusive Growth finds that governments need to make urgent and concerted efforts to drive more inclusive, sustainable economic growth that benefits everyone in society. To help countries assess their progress in achieving more inclusive growth, the OECD has created a new dashboard of indicators.

The WTO publication looks at its role in delivering the SDGs and unpacks ways it can help to ensure that international trade contributes to accelerating progress in achieving the goals. The report examines the SDGs from economic, social and environmental perspectives and outlines how trade is contributing to making progress in each of these areas.

The BTTC meeting was held under the theme “Envisioning inclusive development through a socially responsive economy”. It was held alongside the Academic Forum. The gathering looked at ways of solving urgent socio-economic challenges, such as water scarcity and literacy statistics, many of which were seen as symptoms of much broader issues and the result of far-reaching challenges such as climate change, inequality, economic prosperity and education.

 

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