The G20 India Presidency is marked by unprecedented geopolitical, environmental, and economic crises. Rising inflation threatens to erase decades of economic development
and push more people into poverty
. Violent extremism is also on the rise as a result of increasing global inequality, and the rule of law is in decline
everywhere. All of these challenges impact the G20's goal of realizing a faster and more equitable post-pandemic economic recovery.
But as India prioritizes its agenda for 2023, it is corruption that is at the heart of all of these other problems- and which poses the greatest threat to worldwide peace and prosperity.
As global crises mount, the G20 is proving unable to find solutions. Political disagreements within the bloc- including most prominently with Russia over the ongoing war in Ukraine- have hamstrung collective efforts.
The G20 is meeting again next week in Indonesia for the second time this year- at a moment when the world is facing the most difficult economic, political and social challenges for decades.
The world has quickly transitioned from a global health crisis to a geopolitical one, as the war in Ukraine rages into its second month. But the Russian invasion of Ukraine
is just the latest in a long list of challenges that at their heart are either caused by or exacerbated by corruption.
If you live in Nepal, a quick survey of friends and family will quickly prove how rapidly Covid-19 infection rates have spiked. For instance, out of 50 people we called last week, more than half had been infected, with the rest reporting that their extended families or colleagues had tested positive.