Abstract

The world community is currently facing economic, environmental and social problems that are interconnected at the global level, problems that no country will be able to cope on its own. Therefore, it is time for the G20 Member States to adopt a shared vision that will enable the world's population to achieve an economically prosperous, environmentally sustainable, socially inclusive future, resilient to unforeseen shocks. This highlights the importance that the G20 attaches to current global issues affecting people's lives around the world. The G20 was created as a structure that can respond flexibly to global challenges. Unlike other international platforms, it does not have a rigidly defined, narrow scope of authority. It also does not have a secretariat with clearly defined bodies. The number of member states is quite small, which allows for collective governance. This prompted us to examine the evolution of the G20 agenda over the last 10 years in terms of the scope and depth of issues covered, priority sectors, tailor-made mechanisms and packages, and, above all, the impact of development.Based on the analysis of economic distancing by different parameters of countries and regions, the global problem of uneven development of human potential and income due to different state of economic systems, resources and technologies, economic policy management and efficiency of investment in technological and innovative development. The systematization of modern economic and political associations indicates the combined efforts of states and regions to solve common environmental, economic, social, cultural, technical problems despite the different levels of economic development and resources, as well as to pursue different national economic interests. However, only the consolidation of efforts makes it possible to determine the potential for solving common global problems of states. These proposals and vectors of development of the G20 countries will improve the positive impact on the world economic system in order to balance global economic development, address poverty, hunger, environmental crises, technological gaps.

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