Economy & TradePolicy Outlook

The G20 Summit in Saudi Arabia: Expectations and Realities

Written by: M. Metin Başbay

The Covid-19 pandemic, as a once-in-a-lifetime crisis that has impacted the entire world, represents the ultimate test for the G20.

The 15th summit of the G20 will be hosted by Saudi Arabia on November 21st and 22nd. Many expect the summit to lead to historic decisions with regards to the fight against Covid-19. The G20 is expected to play an important role in confronting the global economic crisis, take steps towards restructuring developing country debts, and coordinate member responses to the Covid-19 pandemic. The Covid-19 pandemic, as a once-in-a-lifetime crisis that has impacted the entire world, represents the ultimate test for the G20.

Download the Policy Outlook

APA

MLA

Chicago

M. Metin Başbay
M. Metin Başbay
M. Metin Basbay is a Researcher at TRT World. His research mostly focuses on economic policy in the context of underdeveloped and developing countries. Metin holds a BA in Economics and a BA in Sociology, both from Bogazici University and is currently a PhD candidate in Development Studies at the University of Cambridge where he also completed his MPhil in Economics.

MORE FROM AUTHOR

Biden’s Economic Plan: A Paradigm Change in American Economic Policy?

With the Biden administration, the “defeatist view” that governments cannot counter the forces of automation and globalisation may be tested. With Biden’s election, the US...

Is China Creating Debt Traps in the Developing World?

This discussion paper looks into China’s financial relations with developing countries in recent years, amid claims that Beijing is using “debt-trap diplomacy” to its...

MORE FROM CURRENT CATEGORY

Containment Without Capacity: Sudan’s Displacement and the Limits of Border Politics

Kübra Aktaş Kübra Aktaş -
Sudan’s regional spillover cannot be understood solely through the lens of border control, refugee inflows, or humanitarian pressure. Rather, it reflects a broader governance...
Read more

Sudan’s Hunger War: Access, Markets, and the Displacement Multiplier

Kübra Aktaş Kübra Aktaş -
The conflict that erupted in Sudan on April 15, 2023, between the Sudanese Armed Forces (SAF) and the Rapid Support Forces (RSF) plunged the...
Read more

The Hungarian Elections: A Return to Europe or a New Realpolitik?

Ihsan Faruk Kılavuz Ihsan Faruk Kılavuz -
Following sixteen years of continuous governance, Viktor Orbán and the Fidesz party suffered a decisive defeat at the hands of the Tisza Party, led...
Read more