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20 Years of G20

From Global Cooperation to Building Consensus

  • Rajat Kathuria
  • Prateek Kukreja
Book

Table of contents

  1. Front Matter
    Pages i-ix
  2. Rajat Kathuria, Prateek Kukreja
    Pages 1-16
  3. Global Financial Architecture and Regulatory Practices

  4. Trade, Investment and the Multilateral Process

    1. Front Matter
      Pages 79-79
    2. Sugandha Huria, Manoj Pant
      Pages 93-111
  5. Future of Work

  6. Role of Technology for Adaptation and Mitigation of Climate Change

    1. Front Matter
      Pages 141-141
    2. Ulka Kelkar, Apurba Mitra
      Pages 143-155
    3. Arunabha Ghosh, Vaibhav Chaturvedi, Shikha Bhasin
      Pages 157-179
  7. Financing Infrastructure for Sustainable Development

    1. Front Matter
      Pages 181-181
  8. Rajat Kathuria, Prateek Kukreja
    Pages C1-C1

About this book

Introduction

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.

Keywords

Emerging Economies International Cooperation Globalization Economic Cooperation Global Economic Environment Global Financial Order

Editors and affiliations

  • Rajat Kathuria
    • 1
  • Prateek Kukreja
    • 2
  1. 1.Indian Council for Research on International Economic Relations (ICRIER)New DelhiIndia
  2. 2.Indian Council for Research on International Economic Relations (ICRIER)New DelhiIndia

Bibliographic information

  • DOI https://doi.org/10.1007/978-981-13-8106-5
  • Copyright Information Indian Council for Research on International Economic Relations (ICRIER) 2019
  • Publisher Name Springer, Singapore
  • eBook Packages Economics and Finance
  • Print ISBN 978-981-13-8105-8
  • Online ISBN 978-981-13-8106-5
  • Buy this book on publisher's site