We recommend issuing an annual report on “Global Risk”, which would become a flagship product of G20 with support from T20. By ranking the top global risks in the report, G20 could help improve the efficiency of the distribution and use of resources, namely global public goods. The report could enhance G20’s enforcement power by setting up a precautionary mechanism in the form of a specific task force or panel discussion of a related international organisation, such as the WHO, WTO or UNIDO. G20 could delegate the task of report drafting to T20, since T20 could call for think-tankers from various research backgrounds across the globe to identify global risks and explore global solutions. The annual report on “Global Risk” could contribute to T20 reform, because this joint work on an annual basis could give more consistency to T20’s work and strengthen communication between think-tanks.
REN Lin Institute of World Economics and Politics (IWEP), Chinese Academy of Social Sciences (CASS), Beijing (China)
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.