Economic inequality is increasing both within and across countries. Growing inequality has negative economic, social and political consequences, it constrains economic growth, undermines social cohesion and political stability. Eradicating causes of inequality and turning structural barriers to...

The rhetoric of Donald Trump, as well as some of his actions, have given rise to a lot of questions as to what will be the United States' future policy toward certain leading international organizations like the UN, G7, the EU, and the WTO. This policy will certainly undergo a number of changes,...

As the global community reflects on the contentious outcomes of the summits of the Group of 20 (G20) and looks to future presidencies to come up with ambitious agendas, the legitimacy and effectiveness of both the G20 and the Group of Seven (G7) and the Group of Eight (G8) are put to the test....

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...

This article focuses on the two new multilateral development banks dominated by emerging economies: Asian Infrastructure Investment Bank and New Development Bank. The authors explore the main economic and political incentives that lie behind the creation of these institutions, examine challenges...

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...

The whole complex of pandemic, economic, and social crises has become a kind of a stress test for the system of multilateral cooperation as it is weakened by geopolitical conflicts, contradictions between the key members and growing mistrust due to stalled reforms of international organizations...

The article addresses the G20 compliance with its commitment to rationalize and phase-out inefficient fossil fuel subsidies. The analysis is based on the reports by several international organizations, namely OECD, IEA, OPEC and the World Bank. This paper also reviews different approaches to...

The article addresses the G20 compliance with its long-standing commitment to refrain from protectionist measures. The paper attempts to measure and compare the results of individual G20 members in different time-frames between the summits. The analysis is based on the data from the WTO reports...

The article presents analysis of global regulation mechanisms development in banking financial sector of the world economy. The author focuses on the processes which were triggered in the sector during the global financial and economic crisis and concurrent activation of the key international...