G20 needs a new approach to tackle the changing world order

By Henrietta Moore, Founder & Director of the UCL Institute for Global Prosperity, UCL

In December, the UK will take over the G20 presidency from the United States. The world is a remarkably different place since the UK last hosted the G20 in 2009. Back then, it led a collective response to the 2008 financial crash, mobilising more than US$1 trillion (£740 billion) to rebuild economies across the world.

In 2027, it will arguably face an even stiffer challenge – leading cooperation when the major powers in the world no longer see eye-to-eye on the nature of problems, let alone the pathway to solutions.

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