Can the G20 fix the global investment disconnect?

Why is abundant global capital is not translating into stronger productive investment, and what role the G20 can play in shaping a more resilient and sustainable capital flows framework in an increasingly fragmented global economy? Global finance has demonstrated considerable resilience despite persistent economic uncertainty, geopolitical tension and worsening debt dynamics. Capital flows and investment remain central to economic performance - particularly in emerging and developing economies. Yet assets held by non-bank financial institutions have expanded rapidly, reaching an estimated US$250 trillion, around 400% of GDP in advanced economies. At the same time, real investment as a share of GDP across many emerging and advanced economies has stagnated or declined since the 2008 global financial crisis. Persistent frictions, coordination failures and mispriced risk continue to constrain capital mobilisation for productivity-enhancing investment. Closing this gap is critical for long-term growth and sustainable development. If capital is abundant, why is productive investment lagging? And in an increasingly fragmented global economy, what role can the G20 play in shaping a more resilient and sustainable capital flows framework? Guests Sara Pantuliano (host), Chief Executive, ODI Global Ali Cakiroglou , Director of Emerging Markets Research, HSBC Marcello Carvalho , Former Global Chief Economist, BNP Paribas Phyllis Papadavid , Senior Research Fellow, International Economic Development Group, ODI Global Related resources Towards a G20 framework for capital flows to EMDEs: informing the UK Presidency (Expert comment, ODI Global) The case for a G20 liquidity shield amid geoeconomic fragmentation (Expert comment, ODI Global)

You can listen to Can the G20 fix the global investment disconnect? online on Radio and Podcast. Open the player on this page to stream the available audio.

Can the G20 fix the global investment disconnect? is an episode from ODI podcasts by ODI podcasts.

This episode is 29:29 long.

This episode was published on Feb 19, 2026.

Yes. Use the heart button on the episode page to add it to your favorite episodes list.

Yes. This page shows related episodes from ODI podcasts when more episodes are available from the podcast feed.