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Books > Business & Economics > Economics > Macroeconomics
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20 Years of G20 - From Global Cooperation to Building Consensus (Paperback, 1st ed. 2019)
Loot Price: R3,988
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20 Years of G20 - From Global Cooperation to Building Consensus (Paperback, 1st ed. 2019)
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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.
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