Facing the Challenges: Three Scenarios for Global Economic Governance in 2020

The report explores three scenarios for global economic governance in 2020, focusing on the potential developments and challenges in international relations, trade, and finance.

(Generated with the help of GPT-4)

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The research method involved scenario planning, engaging young professionals from the US, China, and Germany to discuss global governance challenges. The group consulted with experts and policymakers, using trend analysis and future research to explore possible developments in global economic governance by 2020.

(Generated with the help of GPT-4)

The report, produced by the Global Governance 2020 program, presents three scenarios for global economic governance in 2020, considering the roles of major economies, trade liberalization, and regional integration. It examines the potential outcomes of increased cooperation or fragmentation in the global economy, driven by factors such as trade policies, domestic economic restructuring, and political relations, particularly between the US and China. The scenarios range from an inclusively governed world with strong global institutions to a divisive global economy marked by regional blocs and ideological rifts. The report concludes with policy questions to guide future economic governance.

(Generated with the help of GPT-4)

Categories: 2011 publication year | 2020 time horizon | 2020s time horizon | English publication language | Global geographic scope | currency war | economic governance | financial markets | global economy | informal economy | policy planning | politics | protectionism | regional integration | scenarios | trade liberalization