Dr. Kathrin Berensmann is a senior economist at the German Development Institute (Deutsches Institut für Entwicklungspolitik, DIE). Before joining the DIE she was employed as an economist at the Institute of German Economy in Cologne. She received her PhD degree from the University of Würzburg (Germany). During her studies she was a scholar of the Volkswagen Foundation, the Robert Bosch-Foundation and the University of Würzburg. Her main areas of specialisation are Global Economic Governance, International Finance and Development Financing.
Negotiations on the goals that are to succeed the Millennium Development Goals (MDGs) after 2015 are entering a critical phase. On 24 September 2014 the proposals of the Open Working Group (OWG) for Sustainable Development Goals (SDGs) will be presented to the UN General Assembly. Global economic governance is set to play a central role in this. The rules and mechanisms for the control of global economic processes are essential for sustainable development and the prevention of international crises. Trade and the international financial architecture therefore need to form forward-looking cornerstones of the post-2015 agenda. Insufficient thought has been paid to this thus far.