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"On September 5-6, 2013, leaders of the world's major advanced and emerging economies will meet in St. Petersburg, Russia for the G20 summit, with a focus on developing policies aimed at improving sustainable, inclusive and balanced growth, and jobs creation around the world. In this special report, CIGI experts present their perspectives and policy analysis on the key priorities facing the G20 at St. Petersburg, including macroeconomic cooperation, sovereign debt management systems and stimulating international development. An overview by Domenico Lombardi, director of CIGI's Global Economy Program, gives a preview of what to expect at the St. Petersburg summit. Paul Jenkins discusses the role of unconventional monetary support in promoting global economic growth. Pierre Siklos comments on the technical and cultural gaps the G20 must address in order to lay the groundwork for renewed economic growth. Thomas A. Bernes discusses the IMF quota and governance reform. Susan Schadler examines sovereign debt restructuring. Barry Carin uses a Thai legend of albino elephants to illustrate the delicate balance of development within the G20. Finally, Gordon Smith suggests that the political dimensions of Russia hosting the G20 are overlooked and deserve greater attention." --
A number of issues face leaders at the Los Cabos G20 Summit in Mexico on June 18-19, 2012. The global economy remains fragile, with the continuing crisis in the euro zone creating additional uncertainty and volatility in global financial markets. At the same time, pressing global problems and demographic challenges, which require collective action to resolve and which otherwise would cloud medium-term growth prospects, loom on the horizon. Against this background, the need for effective, credible leadership is paramount. This series offers expert policy analysis and prescriptions dealing with the discrete facets of G20 work and issues, with an immediate focus on the challenges facing G20 nations as they prepare for their summit.
The Group of Twenty book will provide a concise examination of the purpose, function and practice of the Group of Twenty (G20) summit with particular attention to its designation as a new "premier forum for international economic cooperation." This book will provide insight and analysis on the G20 beyond its composition, offering a detailed examination of the ongoing shift in economic power and the momentum toward global institutional reform.
A number of issues face leaders at the Los Cabos G20 Summit in Mexico on June 18-19, 2012. The global economy remains fragile, with the continuing crisis in the euro zone creating additional uncertainty and volatility in global financial markets. At the same time, pressing global problems and demographic challenges, which require collective action to resolve and which otherwise would cloud medium-term growth prospects, loom on the horizon. Against this background, the need for effective, credible leadership is paramount. This series offers expert policy analysis and prescriptions dealing with the discrete facets of G20 work and issues, with an immediate focus on the challenges facing G20 nations as they prepare for their summit.
The G20 needs to be bold and pragmatic if it is to deal effectively with the global economy’s big issues. Since its establishment in 1999, the G20 has become a key international forum. But it suffers from inherent design flaws and remains a work in progress. When Australia began its presidency of the 2014 summit in Brisbane, many commentators suggested that Australia’s chairing of the G20 would reinvigorate it. This timely book looks at what was achieved at the Brisbane Summit and what has happened in its wake. Crucially, it explores what role the G20 could and should play in dealing with such pressing global issues as international taxation, trade, energy and climate change. Expert contributors, many of them former inside players, assess the impact of the summit in the context of the year’s broader geopolitical challenges, including Russia’s temporary expulsion from the G8 and the failure of the US to ratify its governance reforms to the IMF. Taking stock, contributors question the effectiveness of the G20, and identify the reforms that are needed if it is to offer strong leadership in an integrated global economy. Together they ask, what is the future of the G20 and other ‘Gs’?
This important book is an authoritative work of reference on the G20, G8 and G20 reform, and relevant information sources. Peter Hajnal thoroughly traces the origins of the G20, surveys the G20 finance ministers' meetings since 1999 and the series of G20 summits since 2008. He examines agenda-setting and agenda evolution, discusses the question of G20 membership and surveys the components of the G20 system. He goes on to analyze the relationship of the G20 with international governmental organizations, the business sector, and civil society and looks at the current relationship between the G8 and the G20. He also discusses how G20 performance can be monitored and evaluated. The book includes an extensive bibliography on the G20, G8/G20 reform, and issues of concern to the G20. The book is a companion volume to The G8 System and the G20: Evolution, Role and Documentation (Hajnal, 2007) and is an essential source for all scholars and students of the G20.
Climate change control has risen to the top of the international agenda. Failed efforts, centred in the United Nations, to allocate responsibility have resulted in a challenge now reaching crisis stage. John J. Kirton and Ella Kokotsis analyse the generation and effectiveness of four decades of intergovernmental regimes for controlling global climate change. Informed by international relations theories and critical of the prevailing UN approach, Kirton and Kokotsis trace the global governance of climate change from its 1970s origins to the present and demonstrate the effectiveness of the plurilateral summit alternative grounded in the G7/8 and the G20. Topics covered include: - G7/8 and UN competition and convergence on governing climate change - Kyoto obligations and the post-Kyoto regime - The role of the G7/8 and G20 in generating a regime beyond Kyoto - Projections of and prescriptions for an effective global climate change control regime for the twenty-first century. This topical book synthesizes a rich array of empirical data, including new interview and documentary material about G7/8 and G20 governance of climate change, and makes a valuable contribution to understanding the dynamics of governing climate change. It will appeal to scholars, researchers, and policy makers interested in the dynamics behind governance processes within the intergovernmental realm.