• Publications

    Startup Visa Programs in the G20 Countries

    Ayşegül Aytaç & Ussal Sahbaz

    16/03/2016

    The gap between male and female participation in the labor force, youth unemployment, and shortages of skilled labor are just some of the global issues of significance discussed during Turkey’s presidency of the G20. Although the G20 has committed to reducing the gap between male and female participation in G20 countries by 25% by 2025, there is no such G20 target for youth unemployment, which reached 13.1% globally in 2014. Moreover, across G20 countries it is projected that 15% of youth will be permanently left out of the labor market by 2025. For this reason, in order to integrate especially younger people into the labor market and also stimulate innovation, a significant number of countries are seeking to ameliorate these problems by launching specific visa programs for entrepreneurs.

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    How to catalyze private money into infrastructure investments?...

    Anna Kurguzova & Ussal Sahbaz

    08/12/2015

    Countries across the globe experience a large and growing gap between infrastructure needs and the resources that governments have historically invested in meeting those needs. There is a big pool of literature on how to close the infrastructure gap. Multilateral institutions, international organizations, as well as private-sector companies, have all contributed to this pool.

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  • Blog

    What Did the G20 Accomplish During China's Presidency?

    Feride İnan

    09/09/2016

    The Hangzhou Summit set an ambitious task: transforming the G20 to lead the world economy.

    The G20 leaders’ communique delivered at the Hangzhou summit in 2016 provides a framework to give a new direction to the world economy. The communique’s most unique significance is that it reflects diversity of voices and interests of developed and developing economies, in and outside of the G20. Previous communiques had been shy of reflecting the diversity of opinions in a body that represents 85 percent of global output, 80 percent of global trade, and two-thirds of the world’s population. The present communique, however, is in no way shy about addressing such diversity, which allows for in-depth engagement with multiplicity of issues. In this sense, the G20 caught up with and exceeded the scope of vision presented by other global economic governance bodies including the G7.

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    Innovation meets global policy in the G20

    Feride İnan

    05/09/2016

    The G20 leaders annual meeting is being held in Hangzhou. The city holds significance for its natural beauty – heaven on earth as the Chinese describe it – and for being the hometown of Alibaba, China's world famous e-commerce company, a symbol for Chinese transformation from the world's factory to a high-tech economy. Indeed, the Global Innovation Index(GII) 2016 released this month, placed China in the top 25 among 128 countries to become the first middle-income economy to join this group.

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