G20 and Addressing the Issue of Inequality, Unemployment and Financing: Summary of Recommendations from Indonesian Civil Society
Prepared By:
Khoirun Nikmah (INFID) and Yustinus Prastowo (Perkumpulan Prakarsa)
As the chair of G20, Australia from the outset has emphasized on the importance of focusing efforts on preventing financial and economic crises. Australia therefore places robust growth on its priority list with greater private sector involvement in a view to build a more resilient
economy. This is manifested in the communiqué issued by finance ministers and central bank governors in February 2014 that sets a 2% growth target for the next five years.
G20 since early on has pushed for the framework of a strong, sustainable and balanced growth to set the tone for various discussions and negotiations. Civil society on the contrary takes a difference stance. Expectations are high for G20 to pay heed to three challenges within the prevailing economic
and financial system: rising inequality, worsening unemployment, and financing shortage. Civil
society therefore urges G20 to address these three challenges through sound policies
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