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.
As Argentina takes over the G20 Presidency this month, it is becoming clearer that it will continue the focus on sustainability. Fostering the transformation of the global economy towards sustainability is one of the commitments made by the G20 towards implementing Agenda 2030, a focus of the last two G20 Presidencies. Integrating Global Value Chains (GVCs) are a critical part of achieving sustainability, especially through the incorporation of small and medium enterprises (SMEs).
The 11th G-20 Summit in Hangzhou, China closed earlier this week, focusing on the 'New' Industrial Revolution and technological changes, such as big data, robotics, and cloud computing. Innovation has been China’s key area of interest throughout their G-20 Presidency, dedicating many discussions to how new industries could invigorate the global economy.
On 4-5 September, 2016, G-20 leaders will meet in Hangzhou, China. Global macroeconomic and financial developments traditionally dominate the agenda. The global economy remains mired in the economic doldrums, so this year there will be plenty to discuss. Brexit is likely to add further spice.
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.
South African Finance Minister Nhlanhla Nene is facing his biggest baptism of fire yet when he delivers his maiden National Budget speech on Wednesday, as the country desperately needs him to plug the gap between national spending and revenue. South Africa’s debt trend is not sustainable.
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”.
The South African Institute of International Affairs (SAIIA) collaborated with the Centre for the Study of the Economies of Africa (CSEA) and the Overseas Development Institute (ODI) to host this event that explored Africa’s involvement in global economic governance.
The Department of Political Sciences and the South African Institute of International Affairs (SAIIA) are holding a conference on 'Alliances Beyond BRICS: South Africa’s role in global economic governance.'
The importance of taxation goes far beyond providing income to finance the public sector, investments, and the basic needs of the population. The establishment of states is partly attributed to the tax system which has also contributed to promoting the state’s legitimacy, strengthening democracy, as well as to creating economic well-being for the general population.
For global governance watchers, last week was the big week of the year. Between 7 November and 16 November, the world witnessed an APEC meeting in Yanqi Lake near Beijing complete with a bilateral China–Japan ‘breakthrough’ and a major US–China climate deal; an historic ASEAN and East Asia Summit held in Naypidaw, Myanmar; and a colourful G-20 meeting in Brisbane, Australia.
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.
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.
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 impact upon African non-members.
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.
On 12 November 2014, Oxfam South Africa and the Global Economic Governance Africa project, a joint initiative by SAIIA and the University of Pretoria, held a Media Briefing and panel discussion on the upcoming G-20 Summit. A video of the briefing is now online.
The Group of 20 (G-20), a forum for the governments and central bank governors from 20 major economies, will hold its annual Summit from 15-16 November, in Brisbane, Australia. The G-20 has also given rise to a number of focused sub-groups on key isues such as business, labour, youth and civil society. A new video has been released on the B-20, the grouping with leads engagement with Group of 20 (G-20) government on behalf of the international business community. Watch the video below to hear about the role of the G-20 and B-20 and the work of the B-20 during…
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 Economic Diplomacy Programme at SAIIA and the Mandela Institute, School of Law at the University of Witwatersrand hosted a public G-20 Study Group on 'Ensuring South African and Other Developing Nations Benefit from the G-20's Work on Tax.'