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The Group of G20: trials of global governance in times of crisis. Bruegel Working Paper 2011/12, December 2011

Angeloni, Ignazio (2011) The Group of G20: trials of global governance in times of crisis. Bruegel Working Paper 2011/12, December 2011. [Working Paper]

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    Abstract

    In spite of the disappointing outcome of some recent summits, notably the most recent in Cannes, the G20 is and should remain the cornerstone of the global financial architecture. Its record of performance in the last three years, reviewed in this paper, is mixed but not as unambiguously negative as critics have said. However, its effectiveness as a decision-maker has diminished over time. Enhancing the relevance and effectiveness of the G20 will require time and action on several fronts, including greater involvement and stronger commitment on the part of political leaders, better internal organisation and the development of a shared mission.

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    Item Type: Working Paper
    Subjects for non-EU documents: EU policies and themes > External relations > international economy
    Other international institutions > G7/G8/G20
    EU policies and themes > Policies & related activities > economic and financial affairs > financial crisis 2008-on/reforms/economic governance
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Bruegel (Brussels) > Working Papers
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 22 Feb 2012 14:11
    Number of Pages: 30
    Last Modified: 22 Feb 2012 14:11
    URI: http://aei.pitt.edu/id/eprint/33011

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