The G20 is the premier multilateral platform for global economic and financial issues. It has a rotating presidency, and this year, Germany is the president of the G20. In that role, it is hosting a number of meetings with government officials (G20), business leaders (B20) and experts from think tanks (T20).
The T20 is an official sub-forum of the G20 process, responsible for contributing ideas and research to the G20 on global economic issues.
Think-20 (T20) was first initiated by the Mexican presidency in 2012 and continued by subsequent G20 presidencies. It serves as an “ideas bank” for the G20 by organizing the analysis of global think tanks and high-level experts on relevant international economic issues. Think-20 recommendations are synthesized in policy briefs and presented to G20 working groups, ministerial committees and leaders summits to help the G20 deliver concrete policy measures.
The Kiel Institute for the World Economy and German Development Institute have been appointed by the German government as coordinators for the think tank activities for the year. The institutes hosted the T20 kick-off meeting on December 1-2, 2016 in Berlin with experts from more than 80 countries., and are scheduled to host the first-ever T20 Africa conference on February 1-3, 2017 and eventually the T20 Summit on May 29-31, 2017.
Gateway House has hosted T20 meetings during the 2015 Turkish presidency and during the 2016 Chinese presidency of the G20. The meetings brought together experts from think tanks working international economic governance and foreign economic policy issues, business leaders and relevant government officials from India and the G20 countries to Mumbai. For Gateway House, the meetings were the outcome of the focus on geoeconomics and on-going research on international economic relations and global financial architecture.
At G20 2017, Germany has announced Resilience, Sustainability and Responsibility as its core vision. This will cover global issues such as financial market regulation, fin-tech, trade and investment, digitization, healthcare, migration and agriculture. This meeting in Mumbai is an important indicator of intellectual partnership between German and Indian think tanks and an opportunity to bring up new ideas and deliver concrete policy suggestions that can help Germany achieve its vision for G20 in 2017.