The G20 And The Future Of International Economic Governance

Author : Mike Callaghan,Tristram Sainsbury
Publisher : UNSW Press
Page : 272 pages
File Size : 43,8 Mb
Release : 2015-10-01
Category : Political Science
ISBN : 9781742242200

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The G20 and the Future of International Economic Governance by Mike Callaghan,Tristram Sainsbury Pdf

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’?

Author : Marek Rewizorski,Karina Jędrzejowska,Anna Wróbel
Publisher : Springer Nature
Page : 178 pages
File Size : 53,9 Mb
Release : 2020-01-29
Category : Business & Economics
ISBN : 9783030353360

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The Future of Global Economic Governance by Marek Rewizorski,Karina Jędrzejowska,Anna Wróbel Pdf

In light of new global challenges for international cooperation and coordination, such as the revival of protectionism, surge of populism, or energy-related issues, this volume highlights possible scenarios for the future of Global Economic Governance (GEG). The contributing authors analyze the substance of GEG as a normative framework for resolving collective action issues and promoting cross-border co-ordination and co-operation in the provision or exchange of goods, money, services and technical expertise in the world economy. Furthermore, the book examines drivers of fundamental shifts in global economic steering and covers topics such as power and authority shifts in the global governance architecture, technological and energy-related challenges, and the role of the G20 and BRICS in shaping global economic governance. “This book provides a very timely and nuanced account of the challenges facing the established global order.” Andrew F. Cooper (Professor of Political Science at the University of Waterloo) “This valuable collection from a new generation of innovative scholars of global economic governance offers insights from a broad range of theoretical approaches to the central policy issues of the day” John Kirton (Director of the Global Governance Program, Munk School of Global Affairs, University of Toronto)

Author : C. Fred Bergsten ,Russell A. Green
Publisher : Peterson Institute for International Economics
Page : 312 pages
File Size : 49,9 Mb
Release : 2016-04-07
Category : Political Science
ISBN : 9780881327120

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International Monetary Cooperation by C. Fred Bergsten ,Russell A. Green Pdf

In September 1985, emissaries of the world's five leading industrial nations—the United States, Britain, France, Germany, and Japan—secretly gathered at the Plaza Hotel in New York City and unveiled an unprecedented effort to correct the largest set of current account and exchange rate imbalances that had ever threatened the world economy. The Plaza Accord is credited with sharply realigning exchange rates, significantly reducing current account imbalances, and countering protectionist pressures in the United States. But did the Accord provide a foundation for ongoing international financial stability and policy coordination? Or was it simply a unique one-time coincidence of national interests? The Plaza experience continues to inform today's debates about the limits and possibilities of international monetary cooperation. In late 2015, leading policymakers and economists—including those who were involved in the Accord's design, negotiation, and implementation—held a Plaza Retrospective conference at the Baker Institute for Public Policy to evaluate the Accord's legacy and how its collaborative spirit can be applied today. This volume presents their views and analyses to provide guidance for a time when the world again faces the prospect of currency disequilibria, growing imbalances, trade policy reactions, and thus uncertainty for both the global economy and world politics.

Author : Colin I. Bradford,Wonhyuk Lim
Publisher : Rowman & Littlefield
Page : 369 pages
File Size : 40,8 Mb
Release : 2011-06-16
Category : Business & Economics
ISBN : 9780815721468

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Global Leadership in Transition by Colin I. Bradford,Wonhyuk Lim Pdf

A Brookings Institution Press and Korean Development Institute publication Global Leadership in Transition calls for innovations that would "institutionalize" or consolidate the G20, helping to make it the global economy's steering committee. The emergence of the G20 as the world's premier forum for international economic cooperation presents an opportunity to improve economic summitry and make global leadership more responsive and effective, a major improvement over the G8 era. "Key contributors to this volume were well ahead of their time in advocating summit meetings of G20 leaders. In this book, they now offer a rich smorgasbord of creative ideas for transforming the G20 from a crisis-management committee to a steering group for the international system that deserves the attention of those who wish to shape the future of global governance."—C. Randall Henning, American University and the Peterson Institute Contributors: Alan Beattie, Financial Times; Thomas Bernes, Centre for International Governance Innovation (CIGI); Sergio Bitar, former Chilean minister of public works; Paul Blustein, Brookings Institution and CIGI; Barry Carin, CIGI and University of Victoria; Andrew F. Cooper, CIGI and University of Waterloo; Kemal Dervis, Brookings; Paul Heinbecker, CIGI and Laurier University Centre for Global Relations; Oh-Seok Hyun, Korea Development Institute (KDI); Jomo Kwame Sundaram, United Nations; Homi Kharas, Brookings; Hyeon Wook Kim, KDI; Sungmin Kim, Bank of Korea; John Kirton, University of Toronto; Johannes Linn, Brookings and Emerging Markets Forum; Pedro Malan, Itau Unibanco; Thomas Mann, Brookings; Paul Martin, former prime minister of Canada; Simon Maxwell, Overseas Development Institute and Climate and Development Knowledge Network; Jacques Mistral, Institut Français des Relations Internationales; Victor Murinde, University of Birmingham (UK); Pier Carlo Padoan, OECD Paris; Yung Chul Park, Korea University; Stewart Patrick, Council on Foreign Relations; Il SaKong, Presidential Committee for the G20 Summit; Wendy R. Sherman, Albright Stonebridge Group; Gordon Smith, Centre for Global Studies and CIGI; Bruce Stokes, German Marshall Fund; Ngaire Woods, Oxford Blavatnik School of Government; Lan Xue, Tsinghua University (Beijing); Yanbing Zhang, Tsinghua University.

Author : Steven Slaughter
Publisher : Edward Elgar Publishing
Page : 240 pages
File Size : 52,8 Mb
Release : 2019
Category : BUSINESS & ECONOMICS
ISBN : 9781786432650

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The G20 and International Relations Theory by Steven Slaughter Pdf

The future of the G20 is uncertain despite being developed to address the 2008 global financial crisis. This book considers the significance of the G20 by engaging various accounts of International Relations theory to examine the political drivers of this form of global governance. International Relations theory represents an array of perspectives that analyse the factors that drive the G20, how the G20 influences world politics and in what ways the G20 could or should be reformed in the future.

Author : Alex He
Publisher : McGill-Queen's Press - MQUP
Page : 322 pages
File Size : 45,6 Mb
Release : 2016-10-17
Category : Political Science
ISBN : 9781928096320

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The Dragon's Footprints by Alex He Pdf

The Dragon’s Footprints: China in the Global Economic Governance System under the G20 Framework examines China’s participation in the G20; its efforts to increase its prestige in the international monetary system through the internationalization of its currency, the renminbi; its role in the multilateral development banks — the Asian Infrastructure Investment Bank and the New Development Bank; and its involvement in global trade governance, in light of the dazzling growth its economy has experienced since its ascension to the World Trade Organization in 2001. Clearly, China has its own views on how to engage with governance bodies and what benefits it expects to reap from its participation in global economic governance. There is no doubt that China is leaving its footprint on many aspects of the international financial system through its growing engagement with and greater integration into the global economy. The Dragon’s Footprints provides an in-depth discussion of what China has gained and learned from this experience and considers the implications for its foreign policy and future economic development.

Author : Rajat Kathuria,Prateek Kukreja
Publisher : Springer
Page : 226 pages
File Size : 52,8 Mb
Release : 2019-05-04
Category : Business & Economics
ISBN : 9789811381065

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20 Years of G20 by Rajat Kathuria,Prateek Kukreja Pdf

The book discusses contemporary issues such as global financial architecture and regulatory practices, trade, investment and the multilateral process, the future of work, the role of technology for adaptation and mitigation of climate change, and financing infrastructure for sustainable development. With increasing global connectivity, events in one part of the world immediately affect or spread to the other parts. In this context, G20 has proved to be an effective forum, particularly after the Asian financial crises. Furthermore, over recent decades, G20 has been instrumental in managing financial crises and international conflicts by deploying global cooperation as a functional tool. As a body responding to crises, the G20 has played a central role in providing the political momentum for the strong international cooperation that ensured greater policy coherence and helped ease situations that could otherwise have been decidedly worse. The G20’s agendas have encompassed short-term but critical issues of economic recovery, the sovereign crisis of Europe, high unemployment and financial sector regulation. But since moderate stabilization in the global economic environment, the focus of the group has also embraced long-term areas of governance and development. For emerging economies, such as India, the G20 has been an important platform framework to promote an inclusive global economic architecture that seeks to achieve equitable outcomes. This book reviews the past 20 years of the G20, since it was conceptualized as a replacement for the G-7. While issues such as global financial order have been a constant area of discussion, one of the failures has been not recognizing and acknowledging the importance of issues like trade, climate change and future of work. Featuring academic papers by experts in the area, this book provides a platform for the necessary discourse on these issues.

Author : John J. Kirton
Publisher : Routledge
Page : 520 pages
File Size : 40,6 Mb
Release : 2016-04-15
Category : Political Science
ISBN : 9781317131113

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G20 Governance for a Globalized World by John J. Kirton Pdf

This book offers the most thorough, detailed inside story of the preparation, negotiation, performance, and achievements of G20 gatherings from their start at the finance level in 1999 through their rise to become leader-level summits in response to the great global financial crisis in 2008. Follow the moves of America’s George Bush and Barack Obama, Britain’s Gordon Brown and David Cameron, Canada’s Stephen Harper, Germany’s Angela Merkel, and other key leaders as they struggle to contain the worst global recession since the Great Depression of the 1930s. This book provides a full chapter-long account of each of the first four G20 summits from Washington to Toronto with summaries of the ensuing summits. It uses international relations theory to build and apply a model of systemic hub governance to back its central claim to show convincingly that G20 performance has grown to successfully govern an increasingly interconnected, complex, crisis-ridden, globalized twenty-first century world.

Author : Manmohan Agarwal
Publisher : World Scientific
Page : 494 pages
File Size : 44,9 Mb
Release : 2020-03-20
Category : Business & Economics
ISBN : 9789811214738

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Economics Of G20: A World Scientific Reference (In 2 Volumes) by Manmohan Agarwal Pdf

The G20 (or Group of Twenty) is an international body established to manage the global economy, and includes members from developing economies.This reference set examines the issues facing developing countries and studies the role that the G20 can play in light of continuing challenges and objectives to meet the UN's Sustainable Development Goals (SDG).Volume 1 sets out the state of the world economy and the intricate functions of the G20 in policy coordination and economic cooperation. It also deals with the interests and strategies of some developing country members of the G20. These chapters answer questions such as what the country expects from the G20, the strategies adopted to achieve its ends, the extent to which it sees itself as a representative of developing countries in its region and how does it seek to represent them.The G20 has also centred its efforts around helping countries achieve the UN Sustainable Development Goals (SDGs). Volume 2 concentrates on trade issues and the prospects of achieving the SDGs. In this context, it examines whether the SDGs themselves are a desirable goal in terms of what the nature of development is which underlies these goals.

Author : Chongyang Institute for Financial Studies Renmin University of China
Publisher : Columbia University Press
Page : 240 pages
File Size : 47,9 Mb
Release : 2016-11-15
Category : Political Science
ISBN : 9783838269252

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Who Will Govern the New World?the Present and Future of the G20 by Chongyang Institute for Financial Studies Renmin University of China Pdf

How can the G20 fulfill their role most efficiently in the post-crisis era, and what role do the emerging economies play in the new global economic order? This timely volume provides an overview of the most important challenges ahead for the G20, especially China.

Author : Mihály Simai
Publisher : US Institute of Peace Press
Page : 436 pages
File Size : 43,9 Mb
Release : 1994
Category : Business & Economics
ISBN : 187837933X

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The Future of Global Governance by Mihály Simai Pdf

What are the major political, economic, technological, environmental, and social changes confronting the world today, and what risks do they pose? Given what we know about these changes and risks, what adjustments will have to be undertaken to make the world as peaceful and stable as possible? Drawing on over 30 years' research, the eminent European scholar Mihaly Simai combines a global systems approach with a hard-headed appreciation of political realities as he seeks answers to these two overarching questions. This volume is at once richly informative and profoundly challenging. Unflinching in its diagnosis of the past failures and present inadequacies of global governance, pragmatic in its prescriptions for more effective multilateral cooperation, Simai's work dissects the dimensions and dangers of a world in transition.

Author : Carlo Monticelli
Publisher : Routledge
Page : 294 pages
File Size : 54,9 Mb
Release : 2019-01-18
Category : Business & Economics
ISBN : 9781351109253

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Reforming Global Economic Governance by Carlo Monticelli Pdf

The architecture of global economic and financial governance has undergone a deep and pervasive reform in the last ten years, radically transforming international institutions and groups, such as the International Monetary Fund, the G7, and the G20. This book investigates the new, unsettled order which is now prevailing, driven by the change in the balance of power between advanced economies and key emerging market economies. Bringing together multiple strands of analysis, traditionally kept separate, Reforming Global Economic Governance: An Unsettled Order particularly explores the role of Europe within this changing world. The book documents and examines a broad range of events, building on methods from economics and other disciplines, as well as on the insights from the author’s personal involvement. This innovative approach allows the reader to ascertain the defining features of the reform: the increasing fragmentation of governance; the interconnectedness of its different elements; and the strong concern for inclusiveness. Furthermore, it presents analyses highlighting the controversial nature of the new order which underpins the current policy debate on international economic relations, including the resurgence of nationalism and trade conflicts. Through these explorations, this engaging book has direct relevance for the future prospects of international economic affairs. Offering a comprehensive view of these issues, this accessible text will appeal to scholars, insiders, and the general reader. Its detailed and thorough analyses will also be of great use to those studying economics, international political economy, and international relations.

Author : Colin I. Bradford
Publisher : Unknown
Page : 5 pages
File Size : 40,5 Mb
Release : 2008
Category : Financial crises
ISBN : OCLC:310741518

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Global Governance Breakthrough by Colin I. Bradford Pdf

Author : John J. Kirton
Publisher : Unknown
Page : 0 pages
File Size : 55,6 Mb
Release : 2016-08-24
Category : Economic history
ISBN : 1472459873

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G20 Governance for a Globalized World by John J. Kirton Pdf

This study mobilizes classic and contemporary international relations theory to explain the causes of observed G20 governance, and on this basis offers some concluding predictions about its future course. In particular it offers an account grounded in the competitive dynamics among international institutions in a crowded world, rather than one based merely on the older model of forum-shopping among states in an anarchic system.

Author : National Intelligence Council
Publisher : Cosimo Reports
Page : 158 pages
File Size : 48,5 Mb
Release : 2021-03
Category : Electronic
ISBN : 1646794974

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Global Trends 2040 by National Intelligence Council Pdf

"The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.