The world economic system is now integrated, in the increased cross-border flows of goods and capital and in the sustained activity of institutions like the UNCTAD, World Trade Organization and other regional organization. In such a world, domestic political and economic dynamics have global...

After considering the background to the G20 summit meetings after the recent global economic and financial crisis, this paper aims to identify the trade agenda that represents Asia's concerns for the global and regional trading system. Asia, in particular East Asia, has played an important role...

The U.S.-China conflict is threatening continued global economic prosperity and this has inspired a variety of predictions and prescriptions on the future global order. This paper proposes a light model of global governance not only to form international agreements across countries but also to...

In this WZB Discussion Paper we develop an analytical framework for the research project 'Contested World Orders', a collaborative effort between researchers based at the German Institute of Global and Area Studies (GIGA), the Peace Research Institute Frankfurt (PRIF), and the Berlin Social...

The international financial crisis that started in 2007 was much more than an accident caused by undisciplined financial innovations. It was a major failure of global economic governance. “The globalization of finance and monetary systems has excessively prolonged the duration of unsustainable...

This paper identifies specific membership criteria and shows the effect they will have on the G20's composition. Setting clear criteria will be controversial — in part because it will require the replacement of several current members. Such change may be painful, but with another recession...