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The G20 and BRICS were born in a crowded world of international institutions following the 2008 financial and economic crisis. The G20 sought to manage the crisis, reform the international architecture and devise a new global consensus. BRICS committed to foster cooperation and policy...
Persistent link: https://www.econbiz.de/10012494358
Persistent link: https://www.econbiz.de/10003860771
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The BRICS countries' position in today's global governance system is defined by their increasing weight in the world economy. According to Jim O'Neill, who in 2001 predicted the economic growth in the BRIC countries, “all four of the BRIC countries have exceeded the expectations I had of them...
Persistent link: https://www.econbiz.de/10013075821
The G20 and the BRICS group of Brazil, Russia, India, China and South Africa have been working on shared agendas since the BRICS leaders' first meeting in 2009. Despite the widespread belief that the BRICS competes with the G20, the BRICS recognises the G20 as a key forum for dialogue and...
Persistent link: https://www.econbiz.de/10012952571
The G20 and the BRICS grouping of Brazil, Russia, India, China and South Africa were born in a crowded world of international institutions in the wake of the 2008 financial and economic crisis. The G20 pledged to manage the crisis, reform international financial institutions and devise a new...
Persistent link: https://www.econbiz.de/10012907647
This chapter contributes to this scant literature, focusing on analysing the EU's input and impact on past summits. This analysis emphasizes institutional mechanisms that allow the EU to increase its influence within the G20 process through greater coordination (of European G20 members) and...
Persistent link: https://www.econbiz.de/10013007168
The G20 has proved that it can respond to crises. It has to live up to the expectations that it can prevent global risks, break dead locks other institutions responsible for resolving critical issues were unable to break. Challenging a plethora of skeptics G20 is now a long term process in...
Persistent link: https://www.econbiz.de/10013062838
This paper attempts to put G8 and G20 institutions within the same assessment paradigm on the basis of a functional framework. This approach allows comparing the G8 and G20 across at least three groups of indicators: performance of global governance functions, accountability and compliance...
Persistent link: https://www.econbiz.de/10014153362