The emergence of the G-20 as the primary forum of world economic cooperation is one of the most significant developments in global governance in the twenty-first century. It is linked to the ongoing transformation of the world order as well as the recognised need to find global solutions to problems which are progressively acquiring global dimensions. Against this background, the emergence of the G-20 has been seen as providing further evidence of the increasingly multipolar order and signalling the end of the West’s domination of the world economy and politics. On the other hand, it has been viewed as a response to the increasing interdependence forged by globalisation. Relatedly, its development has been associated with a poorly functioning global governance system.
ORBIS is powered by ESPAS, the European Strategy and Policy Analysis System, a unique inter-institutional project aimed at strengthening the EU's efforts in the crucial area of forward planning. ESPAS brings together the European Commission, the European Parliament, the Secretariat General of the Council of the European Union and the European External Action Service to strengthen the Union's collective administrative capacity to identify and analyse the key trends and challenges, and the resulting policy choices, which are likely to confront Europe and the wider world in the decades ahead.