The G7, a self-selected club of like-minded industrialized countries, looks at first glance ill-suited to address current anti-globalist concerns. Despite this, it has successfully confronted anti-globalization, populist and protectionist pressures by focussing on concerns surrounding the destruction of the natural environment, immigration, transnational crime, drugs, disease and terrorism, thus demonstrating the social and ecological advantages that globalization brings. Exploring how the world's oldest informal summit institution continues to respond to rising anti-globalisation, populism and protectionism, this book investigates the contribution the G7 makes to global governance through its actions and accountability of its members. The expert contributors analyse from different perspectives the issues that have contributed to the rise of populism and protectionism, and how well the G7 has responded to them. Each contribution identifies avenues that might allow renewing and strengthening the role of the G7 in times of global change, with a view of strengthening its legitimacy and effectiveness. It will be of interest to policy makers, diplomats, scholars of international relations, international political economy, diplomacy, summitry and global governance. The issues discussed will also be particularly relevant to those working for civil society and non-governmental organizations seeking to participate in governance forums or to influence those who do.

Out of the debate over the effectiveness of the policy responses to the 2008 global financial crisis as well as over the innovativeness of global governance comes this collection by leading academics and practitioners who explore the dynamics of economic crisis and impact. Edited by Paolo Savona, John J. Kirton, and Chiara Oldani Global Financial Crisis: Global Impact and Solutions examines the nature of the recent crisis, its consequences in major regions and countries, the innovations in the ideas, instruments and institutions that constitute national and regional policy responses, building on the G8's response at its L'Aquila Summit. Experts from Africa, North America, Asia and Europe examine the implications of those responses for international cooperation, coordination and institutional change in global economic governance, and identify ways to reform and even replace the architecture created in the mid 20th century in order to meet the global challenges of the 21st.

Governing Global Derivatives analyzes the role of the most important financial innovation of the last two decades - financial derivatives - in a global dimension. The evolution of derivatives, especially Over the Counter (OTC), and the possibility of managing risks tailored to customers' needs, are the basic recipe for the success of derivatives. This book focuses on the role of derivatives from a macroeconomic point of view, considering how monetary theory and policy, fiscal policy and the growth process are affected. It fills a gap by rethinking the way financial markets are considered in the macroeconomy and the transmission mechanism of impulses.

The G7, a self-selected club of like-minded industrialized countries, looks at first glance ill-suited to address current anti-globalist concerns. Despite this, it has successfully confronted anti-globalization, populist and protectionist pressures by focussing on concerns surrounding the destruction of the natural environment, immigration, transnational crime, drugs, disease and terrorism, thus demonstrating the social and ecological advantages that globalization brings. Exploring how the world's oldest informal summit institution continues to respond to rising anti-globalisation, populism and protectionism, this book investigates the contribution the G7 makes to global governance through its actions and accountability of its members. The expert contributors analyse from different perspectives the issues that have contributed to the rise of populism and protectionism, and how well the G7 has responded to them. Each contribution identifies avenues that might allow renewing and strengthening the role of the G7 in times of global change, with a view of strengthening its legitimacy and effectiveness. It will be of interest to policy makers, diplomats, scholars of international relations, international political economy, diplomacy, summitry and global governance. The issues discussed will also be particularly relevant to those working for civil society and non-governmental organizations seeking to participate in governance forums or to influence those who do.