Multilateral cooperation in times of multiple crises: The G7 should focus on inclusive, selective and anticipatory policy approaches

Lars Brozus and Naomi Shulman

No 47/2022, SWP Comments from Stiftung Wissenschaft und Politik (SWP), German Institute for International and Security Affairs

Abstract: "Progress towards an equitable world" - this is the German government's ambitious goal since taking over the G7 presidency in 2022. Since the 1970s, this club of seven major industrialised democracies has played an important role in discussing global affairs and developing policies to address major challenges facing the international order. Germany's presidency was supposed to be characterised by a triad of ecological transformation, social cohesion and fiscal sustainability, but instead the agenda has been dominated by a triple crisis of geopolitical escalation in the wake of Russia's invasion of Ukraine, democratic regression in several G7 member states and geo-eco­nomic disentanglement due to Covid-19. In order to deal with the multiple crises that pose grave dangers to the global community, the G7 should focus on inclusive societies, selective international cooperation and anticipatory governance.

Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:swpcom:472022

DOI: 10.18449/2022C47

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