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The Group of Twenty (G20) by Andrew Fenton Cooper,Ramesh Thakur Pdf
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.
G20 Since the Global Crisis by Jonathan Luckhurst Pdf
This book analyzes the Group of Twenty (G20) since the 2008 financial crisis. The latter event undermined conventional wisdom and governance norms, constituting a more contested international economic regime. G20 leaders sought a cooperative response to the 2008 crisis through the forum, aware of their interdependence and the growing economic importance of key developing states. They agreed to new norms of financial governance based on macroprudential regulation, the Basel III Accords, and enhanced multilateral cooperation. They prioritized G20 cooperation for achieving international economic stability and growth. Differences exist over causes and effects of the crisis, including on the merits of economic austerity or fiscal stimulus strategies; on responsibility for and solutions to international economic imbalances; and concerns about monetary policies and “currency wars”. Despite claims from skeptics that G20 cooperation is declining, this book argues its importance for international relations and as a hub of global governance networks.
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.
From Washington to St. Petersburg by Marek Rewizorski Pdf
In the contemporary world, we can see the increasing risk of crises. In the second half of the first decade of the 21st century the most serious consequences were caused by the economic and financial crisis, the eruption of which in 2007 shattered the foundations of the global economy and revealed the need to include the emerging powers within the framework of global economic governance. One of the centres of a global network structure being the forum for a dialogue between states and non-state entities in the sphere of global governance is the group of twenty (G20). This book is devoted to the analysis of functioning of the G20 at the leaders' level as a relatively new international cooperation club existing since 2008 where top-level representatives of systemically significant countries meet, authorised to make decisions which are of key importance for the international community. The book is divided in two parts. The first part shows the origin, course and meaning of specific historical/political processes which led to the emergence of G20 Leaders'. Also, cause and effect relationships have been indicated and conclusions drawn with regard to the significance and further functioning of the group. Part two is the analysis of preparation, course and effects of subsequent G20 summits in the years 2008-2013.
The Group of Eight has become a central actor in global governance with a steadily expanding role and agenda. The leaders' summits remain at the apex of the G8 system, but the leaders' work is complemented by intensifying and expanding networks of ministerial fora as well as various task forces and expert groups. Some of these entities, initially launched by the leaders, have taken on a life of their own with an agenda that diverges from the main concerns of the summits. Following on from Hajnal's acclaimed book The G7/G8 System, this volume discusses the origins, characteristics, evolution, role and agenda of the G7 and G8 system, including a systematic survey of its components. It introduces the major debates about the G7 and G8, looks at proposals to reform the G8-G20 and provides a detailed study of the complex, elusive and changing patterns of documentation of the broader G8-G20 system, including electronic information.
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.
Globalization and Development by Nezameddin Faghih Pdf
This book presents economic and socio-cultural perspectives on globalization from emerging markets. It explores the links between globalization and development, and reveals the dynamics, strengths and weaknesses, trends in and implications of globalization in emerging market economies. Gathering papers by leading experts in the field, it shares essential insights into the history and status quo of globalization processes and structures; identifies the opportunities provided by and risks posed by globalization; and sheds light on the way to global peace. The topics addressed range from globalization development within the Group of Twenty (G20), populist events such as “Brexit” as a form of historical irony, and a zeitgeist analysis of the globalization spirit; to the evolution of higher education and public administrative systems under the weight of globalization; not to mention emerging topics such as the informal economy and new rules for fleecing the South in the newly globalized trade system.
Author : Maurice Obstfeld,Adam S. Posen Publisher : Peterson Institute for International Economics Page : 122 pages File Size : 50,7 Mb Release : 2020-04-21 Category : Business & Economics ISBN : 9780881327403
How the G20 Can Hasten Recovery from COVID-19 by Maurice Obstfeld,Adam S. Posen Pdf
The world's leading economic powers must cooperate more to combat the health and economic shocks resulting from the COVID-19 pandemic. In a new free eBook, PIIE Briefing, How the G20 can hasten recovery from COVID-19, Peterson Institute experts outline how collective action by the Group of Twenty (G20) nations can make a difference. The PIIE agenda includes removal of trade barriers impeding the flow of medical supplies and food, and more money for research, testing, and disease control, especially for debt-burdened low-income countries. The World Bank and the World Health Organization need more resources to relieve suffering, and the International Monetary Fund must step up to stabilize the world financial system.
This book analyses the importance of the G20 to India, its role so far, and how it can leverage its presidency year to be an influential author of new global rules. In 2023, India will be the President of the G20 Summit, the world’s most influential multilateral economic forum. For countries like India, the G20 is a unique global institution, where developed and developing countries have equal stature. This creates opportunities to showcase their global political, economic and intellectual leadership, have a significant impact on the global economic governance agenda and make it more inclusive. This volume discusses how the Presidency year gives India the opportunity to ‘... hold the pen, write the rules’ and lead the G20 year intellectually, financially, managerially and administratively. It provides a ringside view of India’s path to the G20 Presidency and examines issues such as the core agenda of the G20; explains the significance of forums like T20, B20, and their proliferations; India’s journey as a marginal player in the G20 to its current status; issue of dedicated leadership and management; and India’s Agenda for 2023. Topical, timely, important and lucidly written, this book in The Gateway House Guide to India in the 2020s series will be key reading for scholars and researchers of economics, multilaterals, global governance, strategic studies, defence studies, SAARC, UN Studies, foreign policy, international relations, international economics and international trade, as well as interest to policymakers, diplomats, career bureaucrats, and professionals working with think tanks, academia and multilateral agencies, and business.
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.
The Global Governance of Climate Change by John J. Kirton,Ella Kokotsis Pdf
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.
Think Tanks, Foreign Policy and the Emerging Powers by James G. McGann Pdf
This book examines changing international dynamics through the lens of some of the leading think tanks from the emerging powers in the world. Through twelve case studies, the authors explore how security and international affairs think tanks in emerging powers collaborate with their policy makers to meet current and anticipate future foreign policy and security challenges. Overall, the book illustrates and analyzes how think tanks in a variety of political and economic contexts are able to contribute to their respective policy-making processes. Included in the discussions are the problems or successes that each respective nation’s think tanks face, where they feel the emerging nation will be positioned, and where they are failing to meet the policy challenges they face. The book provides a comprehensive look at successful foreign policy formulation to serve as examples for other think tanks in similar political and economic conditions.
Author : C. Fred Bergsten ,Russell A. Green Publisher : Peterson Institute for International Economics Page : 312 pages File Size : 41,8 Mb Release : 2016-04-07 Category : Political Science ISBN : 9780881327120
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.
