Strengthen governance cooperation and jointly bet365 sportsbook review economic recovery
November 20, 2020 08:02 Source: "bet365 sportsbook review Social Sciences Journal" Issue 2052, November 20, 2020 Author: Our reporter Zhao Yuan

The Group of Twenty (G20) is an important multilateral cooperation mechanism on a global scale,It is also an important crisis management platform。November 21-22,The 15th G20 Leaders’ Summit will be held via video format。Facing the current complicated international situation,And the continuation of the new coronavirus epidemic,Multiple challenges have caused the international community to place high hopes on the G20。How to build consensus、Work together to bet365 sportsbook review global economic recovery?How to improve the G20 mechanism、bet365 sportsbook review cooperation in global governance?The reporter interviewed relevant experts and scholars on the above issues。

 Working together to overcome the bet365 sportsbook review

Former Slovenian President Danilo Türk said in an interview with this reporter,Since the outbreak of the financial crisis in 2008,The G20 has played an important role in global economic recovery。The results of previous summits, including the 2016 Hangzhou Summit, still provide guidance for the future development of the world。In the present,The primary challenge facing the G20 is,How to bet365 sportsbook review international cooperation in the production and distribution of new coronavirus vaccines。Therefore,Supporting the work of the World Health Organization is essential。The second is to deal with the debt problem of developing countries,Include all stakeholders in resolving relevant issues,bet365 sportsbook review debt restructuring。The G20 should build consensus,Commitment to deeply participate in the 26th Conference of the Parties to the United Nations Framework Convention on Climate Change in Glasgow, UK in November 2021。China has pledged to achieve carbon neutrality by 2060,Other major G20 countries have also committed to decarbonization,In the future, all parties can formulate specific processes for mid-term policies from 2021 to 2030。Last,The G20 needs to jointly face systemic challenges,Resolving the World Trade Organization reform issue。Show common will to solve problems on the G20 platform,It is of great significance to bet365 sportsbook review reform。

The G20 should adopt coordination、Cooperation and compromise to bet365 sportsbook review global governance,Working together to address global challenges。In the opinion of Rolf Langhammer, professor at the Institute of World Economy in Kiel, Germany,The current global development is full of uncertainties,The international environment is becoming increasingly complex。China has successfully fought the epidemic and stimulated world economic demand,The signing of the "Regional Comprehensive Economic Partnership Agreement" (RCEP) will bet365 sportsbook review world economic development。And Europe is caught in the second wave of the epidemic,At the same time, EU countries failed to agree on budget issues。Therefore,All parties will continue to be in a wait-and-see period in 2020。

The international community expects this summit to bet365 sportsbook review cooperation in vaccine research and development。Jim O’Neill, Chairman of the Royal Institute of International Affairs, believes,G20 countries only need to invest 1% of current stimulus spending,For advancement testing、Development of treatments and vaccines,This will allow the international community to expand access to testing、Opportunities for treatments and vaccines,Prompt the global economy to return to the track of long-term growth and stability。The wise thing to do now is,Invest to ensure effective diagnosis、Therapeutic drugs and vaccines are distributed to people in various countries。

 bet365 sportsbook review sustainable economic recovery

O’Neill proposed,1980s-1990s,With the rise of China and other BRICS countries,The average annual growth rate bet365 sportsbook review world economy has increased from 3 in 20 years.3% growth to 3.7%。According to prediction,20s-30s bet365 sportsbook review 21st century,Economic growth will be driven by some low-income countries,These countries are trying to climb the ladder to upper-middle-income countries。

O’Neill’s appeal,The G20 must act quickly,Ensure all countries have access to necessary medical tools and other resources,To contain the COVID-19 pandemic,bet365 sportsbook review economic recovery。Previously estimated by the International Monetary Fund (IMF),If there were broader medical solutions,By the end of 2025,Cumulative growth in global revenue will reach nearly 9 trillion US dollars。After the 2008 global financial crisis,The G20 demonstrates what the world’s major economies can achieve by taking actions that are in each other’s interests。At this summit,The G20 is also fully capable of meeting the current challenges。

The G20 can actively bet365 sportsbook review sustainable development and global innovation。Turk thinks,Currently green development has gained more consensus,Sustainable development issues must be further explored,To bet365 sportsbook review green recovery of the global economy。At the same time,We must realize,New technology、The future development of digitalization,All may cause security issues。These problems can be solved through technical means。The G20 can encourage technical experts to participate in the discussion process,Work together to develop a solution that satisfies all parties。In this regard,International organizations such as the United Nations can help。

The G20 should be committed to promoting digital governance cooperation at the international level,To be fairer、Reshaping the digital world in a more sustainable way。Dennis Glich, Director of the Center for bet365 sportsbook review Challenges at the Institute for the World Economy in Kiel, Germanybet365 sportsbook reviewrlich)It seems,There is still much room for bet365 sportsbook review in the construction of an international digital governance system。There are multiple data exchange modes internationally,Difficult to supervise。Although international trade in digital services is steadily increasing,However, digital governance capabilities and supervision have not been enhanced。Enhancing dialogue on digital governance,Enhance digital governance issue setting,Helps explore new opportunities brought by new technologies。For example, the EU is currently focusing on digital education、Digital judicial supervision and digital market issues,Committed to helping EU consumers adapt to current digital challenges,Include “Protection of personal data must be ensured、Data Sovereignty and Consumer Protection Act”。

  China shows bet365 sportsbook review leadership

  In Turck’s opinion,China is an important participant in promoting G20 cooperation。China has shown its willingness and actions to cooperate。At the G20 Leaders’ Summit,This point will need to be reiterated,Also be as specific as possible。The G20 provides a good platform,China can explain the "dual circulation" bet365 sportsbook review concept to its G20 partners,And the main bet365 sportsbook review directions of the “14th Five-Year Plan”,And at future meetings,Continue to deepen the interpretation of China’s bet365 sportsbook review。

Langhammer thinks,If the Chinese government wants to play a constructive bet365 sportsbook review leadership role,Building trust is the main task。In the digital age,Protecting personal data and establishing common standards for the use of artificial intelligence are key challenges。This will be an important area for China to demonstrate its international leadership in the upcoming G20 leaders’ summit。Sustainable development、Digital Governance、Technological innovation is also an important issue,These three goals are provided by Europe、China and the United States bear the main responsibility,Intermediate goals that can be achieved by the three parties at the summit、Recommend minimum standards and procedures。

The G20 is transforming from a crisis resolution mechanism to a long-term mechanism。Looking ahead to the 2021 G20 Leaders’ Summit,Glich said,Italy has long supported multilateral cooperation。As the Italian Presidency, it is fully capable of adopting “Building Better” as a bet365 sportsbook review strategy,Thus promoting the urgently needed bet365 sportsbook review economic transformation。

Editor: Chang Chang
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