The G20

Andrej Krickovic

doi:10.4324/9781315536934

The G20

Andrej Krickovic^*

^*Corresponding author for this work

Higher School of Economics

Research output: Chapter in Book or Report/Conference proceeding › Chapter › peer-review

Abstract

Ever since the Great Financial Crisis (GFC) of 2008-2009, the Group of 20 (G20) has emerged as one of the most signicant international organizations. Most experts consider that it has eclipsed the Group of Seven (G7) when it comes to global economic and nancial governance issues, signaling a dramatic shift in the world economy away from Western dominance (embodied in the G7) and the empowerment of the emerging powers of the developing world. According to Economist Barry Eichengreen (2009): Whether the task is developing ideas, reaching consensus on their desirability or moving from ideas to implementation, the G20 which has working groups active in all these areas is where the action is. The G7 is dead; may it rest in peace.

Original language	English
Title of host publication	Routledge Handbook of Russian Foreign Policy
Publisher	Taylor and Francis
Pages	367-376
Number of pages	10
ISBN (Electronic)	9781134994168
ISBN (Print)	9781138690448
DOIs	https://doi.org/10.4324/9781315536934
Publication status	Published - 1 Jan 2018
Externally published	Yes

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The G20

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