Canadian Prime Minister Mark Carney declared on Monday that the 2025 G20 Summit in South Africa, which concluded Sunday, underscored a pivotal shift in global economic dynamics. The absence of the United States—set to lead the bloc next year—and robust participation from emerging economies have fueled debates about the growing influence of the Global South.
"This year's turnout reflects a new reality: the center of gravity in the global economy is shifting," Carney stated during a press briefing. Analysts note that discussions at the two-day summit focused on sustainable development, digital infrastructure partnerships, and multilateral trade frameworks, with Asian and African nations taking prominent roles.
While the US did not send high-level representatives, its upcoming leadership of the G20 in 2026 has drawn scrutiny. Observers suggest the current geopolitical landscape highlights Asia's accelerating integration into global decision-making, particularly through initiatives like the ASEAN-led Digital Economy Pact and India's green energy corridors.
For investors, the summit reinforced trends in emerging markets, with Southeast Asian tech hubs and Central Asian renewable energy projects gaining attention. Academics warn, however, that institutional reforms must accompany this shift to ensure equitable growth.
