The Global Economic Governance (GEG) Africa programme is a policy research and stakeholder engagement programme to strengthen the influence of pro-poor African coalitions at global economic governance fora.
Thursday, 16 May 2013 14:45

G20-G8 Partnership in Global Economic Governance

Written by John Kirton
G8 Foreign Ministers meet in London, 11 April 2013. G8 Foreign Ministers meet in London, 11 April 2013. Photo © UK G8 Presidency

by Professor John Kirton, Co-director, G20 Research Group; Director, G8 Research Group, University of Toronto
www.g20.utoronto.ca | www.g8.utoronto.ca

Click here to download the PDF from the G8 Research Group.

Background paper prepared for a presentation at the session on “What Is the Way Forward for the G20?” for a conference on “From the G8 to the G20 and Beyond: Setting a Course for Economic Global Governance,” Chatham House, London, May 9, 2013.

Introduction
The current conventional wisdom holds that the G20 summit has been in decline since its high-performing, crisis-inspired start in 2008-09 and that the G8 summit is destined to disappear as a consequential global economic governance forum, due to the arrival of the G20 one. However, the evidence shows, in fact, that both the G20 and G8 are effective in addressing global economic issues, are working well together in this regard and would do so more if some feasible institutional, but not organizational reforms were made.

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