... terms of enhancing the well-being of peoples - the global healthcare architecture, digital transformation and the transition to sustainable energy. The adoption of specific measures in each of these areas can improve the quality of life not only in the G20 countries, but throughout the world. However, today these decisions are practically impossible to reach, given the position of the Western powers and their readiness to sacrifice both their own citizens and those of developing countries for the sake of ...
... capability to conduct coordinated and effective responses to a global economic crisis. What may be needed is a more flexible governance structure in the world economy that is capable of exhibiting greater synchronicity in economic policies across countries and regions. Such a governance structure should accord greater weight to regional integration arrangements and their development institutions at the level of key G20 decisions concerning international economic policy coordination.
The need for greater synchronicity in the global economy arises across several trajectories:
· Greater synchronicity in the anti-crisis response across countries and regions – according ...