G20’s Mission to Develop a Secure Global Economy
While global financial markets are surpassingly calm at the moment, the underlying challenges for our global economic system remain: slower growth, a rebellion against globalization and the deterioration of political consensus in many regions around the world. Determined on directing global economic trends towards growth and stability, leaders of the world’s largest economies met in China earlier this week for high-level discussions at the G20 Summit.
After several days of intense negotiations, the G-20 released their annual Communiqué that outlines unified policy recommendations for reducing greenhouse gas emissions, innovating the global economy and creating a multilateral investment framework among others. The others include an exhaustive list of recommendations for dealing with issues ranging from mass migration, terrorism and the continued spread of the Zika virus.…