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.
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.
"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.
This revised and updated edition presents detailed analysis of the history and current state of the G20, and the challenges it faces. The emergence of the G20 was the result of calls for full inclusion of major developing and other systemically important countries and to reflect new global economic and political realities. The growth of Chinese power, growing significance of other major developing countries and new concerns concerning anti-globalization and rising protectionism in the West have all resulted in important changes to the dynamics of the institution. The suspension of Russia’s membership in the G8 has also necessitated a change in G7/G20 dynamics and the G20’s processes, agenda priorities and role in global governance. Providing a historical overview and analysis of the evolving agenda, methods of performance evaluation, relationship with structured international organizations and other external actors, Hajnal’s text is an authoritative work of history, analysis and reference on the G20 and also G7/G8/G20 reform. This book is an essential source for researchers and students focusing on the G20, international organizations and global governance, and more generally for scholars in the fields of political science, economics, and finance.
Kirton offers a comprehensive, systematic examination of China’s G20 approach, diplomacy and influence since the G20’s start as a forum for finance ministers and central bankers in 1999. This comprehensive reference tool works its way through China’s elevation to the leaders’ level with summits from 2008-2014, to the prospects for its Antalya Summit in November 2014 and above all China’s first summit as host in Hangzhou in the autumn of 2016. This book contains a full treatment of China’s role in the summits from 2011 to 2014, and China’s plans, role and prospects for the summits in 2015 and 2016. Analytically, it develops and tests at the level of a single member country the systemic hub model of G20 governance that was developed for and guided in Kirton’s 2013 book, G20 Governance for a Globalized World.
This volume explores the summits’ performance, the division of labour during their coexistence, their comparative strengths and limitations, and how the future partnership could be improved to benefit the global community. The authors explain the recent evolution and performance of the G8 and G20 summits and their evolving empirical relationship. They consider the G8/G20 relationship with other actors engaged in global governance, notably the major multilateral organizations and civil society. They assess G7/8 and G20 effectiveness and accountability. And they identify, based on this empirical and analytical foundation, how the relationship can be improved for today’s tightly wired world.
This book focuses on the current internal and external situation China is facing both from a macro perspective and a theoretical height, and puts forward practical development strategies and diplomatic ideas. It is of great methodological significance. At home, the development thought after the conclusion of the hundred-year change is the guiding thought for China's further development, and abroad, the international communication and the construction of international order highlighted by the hundred-year change also have important reference significance for the world's development.
A groundbreaking look at the future of great power competition in an age of globalization and what the United States can do in response The two decades after the Cold War saw unprecedented cooperation between the major powers as the world converged on a model of liberal international order. Now, great power competition is back and the liberal order is in jeopardy. Russia and China are increasingly revisionist in their regions. The Middle East appears to be unraveling. And many Americans question why the United States ought to lead. What will great power competition look like in the decades ahead? Will the liberal world order survive? What impact will geopolitics have on globalization? And, what strategy should the United States pursue to succeed in an increasingly competitive world? In this book Thomas Wright explains how major powers will compete fiercely even as they try to avoid war with each other. Wright outlines a new American strategy—Responsible Competition—to navigate these challenges and strengthen the liberal order.
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.