Mitarbeiter sonstige

The G20 @ 10 conference: assessing the benefits, limitations and the future of global club governance in turbulent times

Berger, Axel / Sven Grimm / Matthew Oxenford / Stephen Pickford / Ye Yu
Mitarbeiter sonstige (2018)

published on blogs.die-gdi.de 19. November 2018

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In Buenos Aires on 30 November and 1 December 2018, the G20 is having its 10th anniversary as a summit format at the leaders’ level. On 14 and 15 November 2008, this previously-obscure group of finance ministers and central bankers of the nineteen most “systemically relevant” countries and the EU was transformed into a forum for international leaders to meet with a view into the abyss of the global financial crisis that originated in the US and spread fast across the world. Ten years and 12 leaders’ summits later, the G20 has moved beyond its 2008-09 role as a crisis-management forum and became the self-described “premier forum for […] international economic cooperation.” In this capacity it is now facing new demands to tackle global challenges such as climate change, digitalization and pandemics. As its agenda has expanded and the urgency of the crisis fades, the G20 faces questions regarding its relationship to other formal institutions of global governance, such as the United Nations, its effectiveness in dealing with global challenges as well as its legitimacy and accountability vis-à-vis its people and the 174 non-members.

At the G20 @ 10 Conference, organized by the German Development Institute / Deutsches Institut für Entwicklungspolitik (DIE), together with Chatham House and the Shanghai Institutes for International Studies (SIIS), we took the occasion to reflect on the role of the G20 in its tenth year of summitry from both academic and policy-making perspectives. The conference brought together researchers of various disciplines, high-ranking government officials and experts from international organisations representing a broad range of G20 and non-G20 countries.