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Facts and Findings

A Club for Egoists?

by David Gregosz, Florian Rauchfuß

Low expectations of the G20 summit in Osaka, Japan

Japan will be hosting its first annual G20 meeting of heads of state and government on 28 and 29 June 2019. The country is taking a constructive approach to this task and has adopted its own agenda, but despite this, expectations of the Osaka Summit are low. Will the Japanese G20 presidency succeed in exploring new opportunities for cooperation between industrialized and emerging economies, or will blockade, national egoism and mutual distrust also prevail at this meeting? The paper highlights the conditions for the upcoming G20 summit.
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  • Japan will be hosting its first annual G20 meeting of heads of state and government on 28 and 29 June 2019. The country is taking a constructive approach to this task and has adopted its own agenda, but despite this, expectations of the Osaka Summit are low.

  • We can assume that the summit will largely focus on working through the existing G20 agenda. At the same time, the Japanese prime minister is in need of a successful international summit in order to demonstrate that Japan, as the world’s third largest economy, is in a position to have an impact on global forums. The country sees itself as a counterweight to China in East Asia and, at the very least, security considerations play an implicit role in all the items on the agenda.

  • Prime Minister Abe will try to push his agenda in the areas of digital transformation and international data traffic. World trade and climate policy will also be important issues in Osaka because Japan, as a globalised high-tech nation, is keen to see progress in these policy areas. There is likely to be limited progress on reforms to the World Trade Organisation (WTO).

  • There seems little likelihood of new multilateral initiatives among the participants, despite the fact that the host will probably be seeking to strengthen multilateralism.

About this series

The series informs in a concentrated form about important positions of the Konrad-Adenauer-Stiftung on current topics. The individual issues present key findings and recommendations, offer brief analyses, explain the Foundation's further plans and name KAS contact persons.

 

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Konrad-Adenauer-Stiftung e.V.

Dr. Kristin Wesemann

Dr

Leiterin Stabsstelle Strategie und Planung

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Marianne Graumann

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