www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Economy

Anti-globalization sentiment likely to feed into G20 discussions: Italian expert

(Xinhua) Updated: 2016-08-18 13:29

ROME - Brexit and the rising anti-globalization sentiment are among global uncertain factors that are likely to feed into the discussions at the upcoming Group of 20 (G20) summit early next month in China, an Italian expert said.

In a recent interview with Xinhua, Giuseppe Sacco, a professor of political science and international relations at LUISS University in Rome, said the fact that US President Barack Obama will leave the White House in a few months may also have an impact.

"Some pressing political events are taking place at the global level, and they might divert the G20 agenda or, at least, impact it," said the former division director at the Organization for Economic Cooperation and Development (OECD).

Specifically, Sacco said that the rising anti-globalization sentiment in the heart of the Anglo-Saxon world is a new and interesting phenomenon.

"Most intriguingly, this trend is not revealing itself in a country like Greece, for example, which was hit most badly by the global financial crisis and by consequent austerity measures easily ascribable to the globalized economy," he said.

"Anti-globalization feelings have instead grown in Britain, and the Brexit referendum is much proof of that, and within the campaign of (Republican presidential nominee) Donald Trump in the United States," he added.

China, the rotating chair of G20 this year, has outlined the key points expected to be unveiled at the summit with the theme of building an innovative, invigorated, interconnected and inclusive global economy. Innovative and inclusive growth is at the heart of the agenda.

Experts have said that it is necessary for the world leaders to make globalization work in the interest of all. Multinational firms from the developed economies have benefited the most, whereas even the white collars and middle class in many countries feel that they have not benefited so much from globalization, leading to a rise in anti-globalization.

The global challenges and issues have been mentioned in statements of G20 meetings that have been taking place at various levels throughout 2016, showing that world leaders are aware of the urgency.

Development will be a key word at the G20 summit this year. It is one of the key words for the summit as China tries to facilitate the transition of the G20 from crisis response to a mechanism focusing on long-term global economic governance.

Nevertheless, Sacco expects the G20 leaders to address both the short-term economic issues and those related to development.

"Compared to other G20 summits addressing only the ongoing political and economic situation, however difficult it was, the summit in Hangzhou cannot avoid facing structural problems of the global economy," he said.

The sluggish growth pace of global gross domestic product, the depressed market demand, the international trade slowdown, and the excess capacities of some industries are among the structural priorities that are expected to be at the core of the G20 agenda.

Sacco also said world leaders at the forthcoming summit should pay much attention to the worrying rise of protectionism.

"I think Italy will have a keen eye on this, because it is a major exporting economy and risks paying a higher price compared with others for the increasing trade restricting measures," he said, citing the G20 commitment to have consultations aimed at resisting protectionism.

The G20 groups the world's 19 economically important countries as well as the European Union (EU). The upcoming G20 Summit is scheduled to be held in China's eastern city of Hangzhou on Sept 4-5.

Representatives of international organizations such as the United Nations, the International Monetary Fund, the World Bank, the World Trade Organization and the International Labor Organization, the OECD and some guest countries have been invited to attend the summit.

The Italian scholar also said the possible impact of the "still fresh" Brexit referendum is likely to feed into discussions at the summit.

"Its impact on Britain and EU's future is still unclear," he said.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 中国一级做a爱片免费 | 国产一级在线观看视频 | 欧美成人免费高清网站 | 午夜一区二区福利视频在线 | 欧美a区| 国产一区二区免费播放 | 91一级片 | 中文字幕在线观看日韩 | 1024香蕉国产在线视频 | 亚洲精品综合一二三区在线 | 亚洲视频观看 | 久草在线观看福利 | 免费刺激视频 | 五月色婷婷综合开心网4438 | 国产极品精频在线观看 | 性xxx69xxx视频在线观看 | 成人www| 手机看片午夜 | 久久手机视频 | 国产一区二区日韩欧美在线 | 国产精品日本不卡一区二区 | 精品久久一区二区 | 亚洲国产精品区 | 久久久久欧美精品网站 | 免费a级黄毛片 | 免费播放欧美毛片欧美a | 国产一区二区免费不卡在线播放 | 欧美日韩国产片 | 手机看片久久青草福利盒子 | 日本天堂在线视频 | 日本午夜视频 | 波多野结衣在线观看一区二区 | 亚洲乱人伦精品图片 | 无码精品一区二区三区免费视频 | 欧美高清日本三级人妇 | 亚洲一区二区三区四区在线观看 | 欧美日韩在线观看视频 | 成人欧美视频在线观看 | 悟空影视大全免费高清 | 欧美aaaaa一级毛片在线 | 特别福利视频在线观看 |