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Development

pp 1–8 | Cite as

G20 Prepares to Revamp Global Financial Governance

  • Nancy AlexanderEmail author
  • Rick Rowden
Thematic Section
  • 2 Downloads

Abstract

At the November G20 Summit, Leaders are expected to approve a revamp of the global financial system as proposed by the October 2018 report entitled ‘Making the Global Financial System Work for All’ by the G20 Eminent Persons Group. This article describes some of the report’s proposals and warns that, in their current form, they could undermine accountability, participation and sustainability.

Keywords

Group of 20 (G20) World Bank Group Multilateral development banks Development finance Sustainability Civil society 

Notes

References

  1. Gabor, Daniela. 2018. Understanding the financialisation of international development through 11 FAQs, University of the West of England (UWE, Bristol), October.Google Scholar
  2. Griffiths, Jesse, and María José Romero. 2018. Three compelling reasons why the G20’s plan for an infrastructure asset class is fundamentally flawed, EURODAD, July.Google Scholar
  3. Joshi-Ghani, Abha. 2018. Behold the White Knights! New research on institutional investor participation in financing EMDE infrastructure, Infrastructure and PPP Blog, World Bank Group, March 15.Google Scholar

Copyright information

© Society for International Development 2018

Authors and Affiliations

  1. 1.Heinrich Boell FoundationWashingtonUSA
  2. 2.WashingtonUSA

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