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.
SAIIA, DNA Economics and Tutwa Consulting are extremely pleased to be starting a new project on Global Economic Governance and Africa, the second phase of a project SAIIA ran from 2012-2015. The project is hiring a researcher.
South Africa’s role in global economic governance is mainly articulated through its membership of the G-20 and the BRICS grouping. The G-20 has emerged as the premier forum on global economic governance, while the BRICS countries have positioned themselves as a force for positive change in global economic affairs.
Without question South Africa remains a vibrant, complicated and seemingly a growing troubled land. My colleagues from the South African Institute of International Affairs (SAIIA) one of the premiere think tanks in South Africa and the University of Pretoria, particularly the Department of Political Science there brought together some of their South African colleagues with experts from a number of countries for a conference (December 4th-5th) titled “Alliances Beyond BRICS: South Africa’s Role in Global Economic Governance”.
Ahead of ninth annual Summit of the Group of 20 (G-20) nations, to be held in Brisbane from 15- 16 November, SAIIA has made a range of useful materials available. From the facts about the G-20, to the issues likely to arise at the Summit, the experts and resources below can assist journalists, commentators and researchers prepare to follow the event.
SAIIA’s GEGAfrica portal and the Department of International Relations at the University of the Witwatersrand (#WitsIR) are partnering on an innovative initiative that draws on the strengths of Southern Africa’s oldest and largest academic programme in International Relations and the continent’s leading think tank*.
An update is now available for the highly popular online resource 'BRICS and the World Order: Beginners Guide.' You can download this update in PDF (244.02 kB) or read it below.South Africa hosted the fifth BRICS Summit in the city of Durban on 27 March 2013. Prior to the Heads of State summit, the BRICS Academic Forum as well as the BRICS Business Forum were likewise hosted in the city of Durban. This Summit was unique for the fact that it was the first time the Summit was hosted in Africa; the Summit further marked the first full hosting cycle…
Trade Perspectives is a bi-monthly newsletter providing insights, analysis and updates on economic governance, trade policy and trade negotiations. This newsletter is produced by the Economic Diplomacy programme at SAIIA. You can sign up to the newsletter by clicking here, or you can view any of our past issues below.
At the time of the Brisbane G20 Summit in November 2014, four core financial reform deliverables will be assessed which ties in with the FSB focus for the upcoming year on “completing the job”. The policy priorities needed to “complete the job” are: building the resilience of financial institutions; ending too-big-to-fail; transforming shadow banking; and making derivatives markets safer. The FSB will also undertake a review of its governance structures and submit a final report to the G-20 Leaders Summit.
This year’s Brazil-Russia-India-China-South Africa (BRICS) Summit will be held in July in Fortaleza, Brazil. Experts from the South African Institute of International Affairs (SAIIA) will be in Brazil from Wednesday 12 March 2014 for a number of events related to the upcoming Summit.
The Global Economic Governance Africa (GEG-Africa) Project maintained a keen focus on developments in the Group of 20 (G-20) during 2013. This was to advance understanding and to spotlight both the existence and absence of specific linkages between G-20 processes, G20 decisions and how that affects countries in Africa (South Africa is the only African member of the G-20). During the year, research and various events were undertaken to this end.
Discussions in Group of 20 (G-20) meetings over the last several years have increasingly focused on the need for a huge scale-up in infrastructure investments in developing countries, particularly through large regional projects involving private sector participation.
Catherine Grant-Makokera is the Head of the Economic Diplomacy Programme at the South African Institute of International Affairs (SAIIA). Her programme has been focusing on BRICS through their Global Economic Governance - Africa (GEGAfrica) project with the University of Pretoria and partners across Africa. She spoke to the Istituto Affari Internazionali about the BRICS, what to expect from the grouping over the next two years, and South Africa's role in the BRICS.
The South African Institute of International Affairs (SAIIA) is an independent, non-governmental international affairs think-tank. SAIIA seeks to make the following appointment:Stakeholder Coordinator: Economic Diplomacy Programme (No: SCEDIP)
Tail risks for the global economy have receded vis-à-vis last year, but this has not translated into higher growth in many advanced economies. Emerging economies, which have made considerable contributions to global economic growth since the height of the international financial crisis, are slowing down. In its latest round of forecasts in July, the International Monetary Fund (IMF) downgraded its growth projections, especially those for the emerging economies, and the Washington-based institution may provide G20 leaders with a new set of downward-revised projections in St. Petersburg in September. The forthcoming G20 summit in Russia may, unlike previous G20 summits, be an event with no immediate, significant deliverables.
The ORF BRICS Compilation features six opinion pieces and guest columns published by ORF experts in leading newspapers. They paint a compelling rationale of why the five member nations must assert their collective influence on the process of framing global rules.
SAFPI Policy Brief 40On 13-14 June 2013 a two-day meeting of the Civil20 was held in Moscow, Russia. After many years of lobbying by international civil society for a formal civil society process and space at the G20, the Civil20 was launched under the G20 Presidency of Russia.The main goal of the Civil20 is to promote dialogue between global civil society, politicians and decision-makers in relation to the priorities set out in the official agenda for 2013, with particular focus on: growth through quality jobs and investment; growth through trust and transparency; and growth through effective regulation. Civil society divided…
SAFPI Policy Brief 37The pygmy elephant in the room of the Overseas Research Foundation’s long-term vision (LTV) initiative for BRICS is a little focused on acronym, 'RIC' – as in Russia-India-China. They form the ministerial trilateral between the three Eurasian giants for sustaining a dialogue on their bilateral relationships within a sort of ‘strategic triangle.’ Hence: ‘pygmy elephant.’ It involves foreign ministers, not heads-of-state. But it is a pachyderm nonetheless, since this pygmy gave birth to that giant called BRICS. Forget about ‘Jungle Jim’ of Wall Street fame, the Tarzan of emerging market capitalism! Thus does RIC bear greater scrutiny…
1. We, the G20 Finance Ministers and Central Bank Governors, met to review the current global economic conjuncture and discuss the required policies in preparation for our Leaders’ Summit in September.
The Group of 20 backs clear monetary policies, Russia said on Thursday, reflecting the concerns of developing economies that a withdrawal of US monetary stimulus could cause market turmoil and capital flight. Moscow hosts finance ministers and central bankers from the world's top developed and developing markets next week amid nervousness over when Washington will wind down its programme of so-called quantitative easing.
The Instituto de Pesquisa Econômica Aplicada (IPEA) or Institute of Applied Economic Research is a Brazilian government-led research organization. It provides technical and institutional support to government for the formulation and reformulation of public policies and development programs in Brazil.
The recent UN World Report indicated that Nigeria recorded great improvement in Foreign Direct Investment (FDI) in 2012.The report put FDI flow into the country in 2012 at 8.9 billion U.S. dollars, compared with 6.1 billion U.S. dollars recorded in 2010.The Minister of Foreign Affairs, Dr Olugbenga Ashiru, who spoke at the ongoing Ministerial Platform in Abuja, attributed the increase to the strengthening of economic diplomacy by President Goodluck Jonathan’s administration.``The inflow of these investments had effect on the Transformation Agenda of President Goodluck Jonathan in supporting the economic programme of the government,’’ he said.Ashiru stressed that China, U.S., Britain, Germany, South Africa and some other countries had formed strategic partnerships with Nigeria in investments in power, wholesale trade and manufacturing.``For instance, the General Electric Company of U.S. is investing over 1 billion U.S. dollars in the construction of a factory in Calabar, to manufacture gas turbines for the power sector,…
UNCTAD's World Investment Report 2013 has been launched in over 50 global locations. The report presents the latest global trends and prospects on foreign direct investment (FDI) and recent international and national policy developments, as well as key emerging investment-development related issues.
This year's OECD Forum addressed the three key themes of jobs, equality and trust. The Forum brought together leading thinkers from diverse sections of the policy making community who, over two days and 27 sessions, put forward and debated proposals for a more inclusive and sustainable global economy.If you weren't able to attend, or if you'd just like to watch the sessions again, visit the Forum website, where all webcasts are available. This includes a panel discussion with SAIIA's Peter Draper, "The African Renaissance".You can also read the highlights of the discussions here. Next year's OECD Forum will take place on 5-6 May in Paris.OECD videos of sessions from May now all available online http://oecd.streamakaci.com/052013/vod/
The ninth Joint UNCTAD-OECD report on G20 members' investment policy measures is out. The report finds that G20 members have continued to honour their pledge not to introduce new restrictive policies for international investment. However, policymakers should be aware that FDI may not only be limited through formal policy changes, but also through individual administrative decisions and informal public signals that are beyond the scope of this report.
When the United Kingdom last hosted the G8 summit in Gleneagles in 2005, Africa was set as one of the foremost priorities on the agenda. Now as the UK has the responsibility of hosting the upcoming Lough Erne Summit on June 17-18 2013, it has laid out a distinct set of priority topics: trade, taxation, and transparency.
The G8 Research Group has just announced the release of an excellent publication, "The UK Summit: The G8 at Lough Erne 2013" .It features a series of Leaders Perspectives from David Cameron, François Hollande, José Manuel Barroso, Barack Obama and Ellen Sirleaf Johnson. It also features articles from the OECD, ILO, IFAD, WFP, UNCTAD, OPEC, INTERPOL and the heads of many other international organizations and internationally renowned experts.