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Tuesday February 9, 2010

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G-20 Summit

RESEARCH AND COMMENTARY

Save to My PortfolioObama and Global Financial Stability

Kemal Derviş and Eswar Prasad, January 14, 2010, The Brookings Institution

Obama and Global Financial StabilityIn this installment of the Status Report, a series of policy assessments of the Obama administration's first year, Kemal Derviş and Eswar Prasad give President Obama a B+ for what the new administration accomplished on economic policy during the global financial crisis, but temper the high grade with an incomplete for the big tasks that lie ahead. Read More

Global Finance, Global Financial Crisis, Global Governance, G-20 Summit, U.S. Economic Growth

RESEARCH AND COMMENTARY

Save to My PortfolioThe Zedillo Commission Report on World Bank Reform: A Stepping Stone for the G-20 Summits in 2010

Johannes F. Linn, November 18, 2009, The Brookings Institution

Johannes Linn comments on the final report issued in October 2009 by the High-Level Commission on Modernization of World Bank Group Governance. He reviews key recommendations and examines reform challenges the World Bank faces moving forward. Read More

World Bank, G-20 Summit, Global Governance, Global Finance, Developing Countries

RESEARCH AND COMMENTARY

Save to My PortfolioThe Global Economic Agenda: Issues Paper for the Washington Roundtable

Domenico Lombardi, October 31, 2009, The Brookings Institution

Following a September 18 roundtable focused on the global economic agenda for the fall of 2009, Domenico Lombardi reflects on discussions at this forum, which served to enhance engagement and exchanges between experts from the U.S. and other G-20 countries on the critical issues to be addressed at these highlevel international gatherings. Read More

Global Economics, G-20 Summit, Emerging Markets, International Monetary Fund, Global Governance

RESEARCH AND COMMENTARY

Save to My Portfolio"Coping" with the G-20: Italy and the Challenge of Global Governance

Domenico Lombardi, October 16, 2009, The Brookings Institution

Replacing the G8 with the G-20 poses a delicate issue for smaller G8 countries, such as Italy. Some fear this move will dilute their perceived role and influence in the world stage. Domenico Lombardi discusses the dynamics of the G-20's more diverse membership and what role Italy can realistically pursue in an "enlarged" global governance setting. Read More

Italy , G-20 Summit, Global Governance, Europe, Global Economics

RESEARCH AND COMMENTARY

Save to My PortfolioGlobal Macroeconomic Imbalances: G-20 Leaders Must Back up Their Rhetoric with Deeds

Eswar Prasad, October 13, 2009, FT.com Economists' Forum

Global Macroeconomic Imbalances: G-20 Leaders Must Back up Their Rhetoric with DeedsThe financial crisis has taught us a painful lesson that global macroeconomic imbalances can wreak enormous damage on the world economy. At the G-20 Pittsburgh Summit, leaders committed to a framework that would prevent further damage. Eswar Prasad proposes a Special Drawing Rights scheme that allows G-20 countries to make enforceable policy commitments. Read More

G-20 Summit, Macroeconomics, Global Economics, Global Financial Crisis, International Monetary Fund

RESEARCH AND COMMENTARY

Save to My PortfolioThe G-20, the "Istanbul Decisions" and the Way Forward

Kemal Derviş, October 08, 2009, The Brookings Institution

The G-20, the The fall global economic agenda is well underway with the completion of the G-20 Pittsburgh Summit and the IMF and World Bank Annual Meetings in Istanbul. Kemal Derviş discusses the key themes coming out of these “historic” meetings, highlighting the essential roles of both the informal and formal channels of global economic governance and the way forward after the crisis. Read More

G-20 Summit, Global Economics, Global Financial Crisis, Global Finance, Financial Institutions

RESEARCH AND COMMENTARY

Save to My PortfolioThe G-20 Governments Should Look at Their Own Governance

Daniel Kaufmann, September 30, 2009, The Brookings Institution

The G-20 Governments Should Look at Their Own GovernanceWhile the G-20 Summit in Pittsburgh was considered successful, Daniel Kaufmann discusses the need for greater emphasis on governance issues. He urges G-20 countries to address governance within their own borders before the group can effectively start to engage in concrete collective action for the public global good. Read More

G-20 Summit, Global Governance, Governance, G8 Summit

RESEARCH AND COMMENTARY

Save to My PortfolioPresident Obama and Australian President Rudd Sounded Good in Pittsburgh

Michael Fullilove, September 29, 2009, The Australian

Michael Fullilove writes that the UN General Assembly in New York and G-20 Summit in Pittsburgh proved fruitful for the United States and Australia. Fullilove notes both Obama and Rudd are tough diplomats who believe national interests are better pursued in concert with others, and he concludes the recent meetings bolstered their ideas and goals. Read More

Australia and New Zealand, G-20 Summit, United Nations, International Relations

RESEARCH AND COMMENTARY

Save to My PortfolioU.S. and the G-20 Summit: Perspectives on Global Leadership

Colin I. Bradford, September 28, 2009, NPGL Soundings: September 2009

The Pittsburgh G-20 Summit was a significant milestone for President Obama's leadership role in the international community. Colin Bradford reflects on what the Summit meant for the United States and how it was shaped by the president's involvement. Read More

G-20 Summit, Global Governance, U.S. Economy, Global Economics, Global Financial Crisis

RESEARCH AND COMMENTARY

Save to My PortfolioNon-G-20 Developing Countries and the G-20 Summit: Perspectives on Global Leadership

Homi Kharas, September 27, 2009, NPGL Soundings: September 2009

What did the Pittsburgh G-20 Summit offer non-G-20 developing countries? Homi Kharas examines the Summit talks and how the interests of developing countries in this group were not adequately addressed. Read More

G-20 Summit, Developing Countries, Global Governance, Global Economics, Global Financial Crisis

RESEARCH AND COMMENTARY

Save to My PortfolioReplacing the G-7, Not Enlarging It, is a Historic Shift toward Global Inclusion

Colin I. Bradford, September 25, 2009, The Brookings Institution

Replacing the G-7, Not Enlarging It, is a Historic Shift toward Global InclusionFollowing the announcement from Pittsburgh that the G-20 Summit will “permanently replace” the G7, thus bringing countries such as Brazil, India and China into that global body, Colin Bradford reflects on the historic significance of this event and what it will mean for continued efforts of cooperation among the international community. Read More

Global Governance, G8 Summit, G-20 Summit, Politics

VIDEO

Save to My PortfolioClimate Change at the G-20 Summit

Warwick J. McKibbin, September 24, 2009

Climate Change at the G-20 SummitCrafting global policy to address climate change is a priority for leaders attending the G-20 Summit in Pittsburgh. Nonresident Senior Fellow Warwick McKibbin previews the talks, noting the complexities the leaders face in finding the common ground necessary to tackle this consuming issue.

Climate Change, Climate and Energy Economics, G-20 Summit, Global Environment

RESEARCH AND COMMENTARY

Save to My PortfolioThe 0.85 Percent Solution for Low-Income Countries

Homi Kharas, September 24, 2009, The Brookings Institution

The 0.85 Percent Solution for Low-Income CountriesA topic of discussion at previous G-20 summits, IBRD resources are central to helping poor countries survive this economic crisis. Homi Kharas discusses the importance of making IBRD resources much more widely available to promote development and urges G-20 leaders to continue talks about this issue at the summit in Pittsburgh. Read More

Development, G-20 Summit, Developing Countries, Global Financial Crisis, Global Poverty

RESEARCH AND COMMENTARY

Save to My PortfolioDeciding Who Decides at the G-20 Summit

Nina Hachigian and Bruce Jones, September 24, 2009, The Brookings Institution and Center for American Progress

Deciding Who Decides at the G-20 SummitThe Pittsburgh G-20 summit marks the fourth time this group of leaders has met, but the meetings operate on an ad hoc basis undermining confidence that it will deliver, say Nina Hachigian and Bruce Jones. They argue setting the table at the G-20 to make global decisions that stick is one of the thorniest issues the leaders gathering in Pittsburgh will face. Read More

G-20 Summit, Global Governance, International Relations, Global Financial Crisis

PAST EVENT

Save to My PortfolioThe Scouting Report: Previewing the Pittsburgh G-20 Summit

Wednesday, September 23, 2009
12:30 PM to 1:30 PM
Washington, DC

At 12:30 on September 23, Colin Bradford, former chief economist at the U.S. Agency for International Development, and Fred Barbash, senior editor at Politico, answered questions about the G-20 Summit and global economic recovery. Read More

G-20 Summit, Global Governance

In Brief

The Group of Twenty finance ministers and central bank governors has met annually since 1999 to promote dialogue between industrialized and emerging-market countries. In September 2009, global leaders met in Pittsburgh and agreed to supplant the G-7/8 forum with the expanded G-20 as the locus of global economic coordination. Brookings experts provide commentary and recommendations on the issues facing the Group of Twenty.

Featured Experts

Colin I. Bradford

Colin I. Bradford

Nonresident Senior Fellow, Global Economy and Development

A former chief economist at the U.S. Agency for International Development, Colin Bradford focuses on global economic governance, environmental governance and international economics and development.
Read More

Domenico Lombardi

Domenico Lombardi

Nonresident Senior Fellow, Global Economy and Development

Domenico Lombardi is an expert on G-20 and G8 Summits. His current projects focus on the international financial crisis and the reform of the IMF and the World Bank.
Read More

Adele Morris

Adele Morris

Fellow, Global Economy and Development

Adele Morris is a fellow and policy director for climate and energy economics. She focuses on the economics of climate change and related energy and natural resource policies.
Read More

Eswar Prasad

Eswar Prasad

Senior Fellow, Global Economy and Development
New Century Chair in International Economics

Eswar Prasad holds the New Century Chair in International Economics. He is the Tolani Senior Professor of Trade Policy at Cornell University and a Research Associate at the National Bureau of Economic Research. He was previously head of the Financial Studies Division and the China Division at the IMF.
Read More

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TopicEducation

The economic and political well-being of any society requires a well-educated citizenry. Brookings’s work extends beyond the K-12 bookends to include pre-school interventions, higher education and the challenges of education in developing countries.

Research ProjectArms Control Initiative

Few problems pose greater challenges to U.S. national security than controlling, reducing and countering the proliferation of nuclear arms. The Brookings Arms Control Initiative brings the Institution’s multidisciplinary strengths to bear on the critical challenges of arms control and non-proliferation.

TopicHealth Care

Brookings is committed to producing innovative policy solutions to our nation’s most difficult challenges. The country may face no more important domestic policy challenge than the much-needed reform of our health care system. Through an institution-wide effort, Brookings delivers new ideas and offers policy solutions to improve health care both at home and globally.

Policy CenterCenter on Children and Families

The Center on Children and Families studies policies on the well-being of America's children and their parents and seeks a more effective means of addressing poverty, inequality and lack of opportunity in the United States.

ExpertTed Gayer

Ted Gayer is the co-director of the Economic Studies program and the Joseph A. Pechman Senior Fellow at the Brookings Institution. He conducts research on a variety of economic issues, focusing particularly on public finance, environmental and energy economics, housing, and regulatory policy.

ExpertVanda Felbab-Brown

Vanda Felbab-Brown focuses on the national security implications of illicit economies and strategies for managing them. She is an adjunct professor in the Security Studies Program at Georgetown University’s School of Foreign Service.

ExpertSuzanne Maloney

Suzanne Maloney studies Iran, the political economy of the Persian Gulf and Middle East energy policy. A former U.S. State Department policy advisor, she has also counseled private companies on Middle East issues.

Research ProjectAfrica Growth Initiative

The Africa Growth Initiative conducts high-quality policy research and analysis focused on attaining sustainable economic development and prosperity in Africa, while amplifying the voice of African researchers in policy-making and planning.

Research ProjectBrookings-Bern Project on Internal Displacement

The Brookings-Bern Project on Internal Displacement monitors displacement problems worldwide, works with governments, regional bodies, international organizations and civil society to create more effective policies and institutional arrangements for Internally Displaed Persons.

Research ProjectLatin America Initiative

The Latin America Initiative provides high-quality, in-depth, and independent research across a range of economic and political issues, and offers policy recommendations aimed at U.S. and Latin American policymakers.

ExpertIsabel V. Sawhill

A nationally known budget expert, Isabel Sawhill focuses on domestic poverty and federal fiscal policy. She is also co-director of the Center on Children and Families at Brookings.

ExpertAmy Liu

Amy Liu is deputy director of the Brookings Metropolitan Policy Program. Her policy studies include economic competitiveness, metropolitan growth and development, governance reforms, urban reinvestment, and social equity.

ExpertRichard C. Bush III

Richard Bush is the director of the Center for Northeast Asian Policy Studies. His public service career spans Congress, the intelligence community and the U.S. State Department. He currently focuses on China-Taiwan and U.S.-China relations, the Korean peninsula and Japan’s security.

ExpertMwangi S. Kimenyi

Mwangi S. Kimenyi is a senior fellow with the Africa Growth Initiative. He focuses on Africa's development, including institutions for economic growth, the political economy, and private sector development.

Policy CenterCenter for Northeast Asian Policy Studies

CNAPS conducts research, analysis, and outreach designed to enhance policy development and understanding on the pressing political, economic, and security issues facing Northeast Asia.

Policy CenterUrban-Brookings Tax Policy Center

The Tax Policy Center, a joint venture of the Urban Institute and Brookings Institution, is comprised of nationally recognized experts in tax, budget and social policy who have served at the highest levels of government.

ExpertDomenico Lombardi

As president of the Oxford Institute for Economic Policy, Domenico Lombardi’s work at Brookings focuses on the international financial crisis and the reform of the IMF and the World Bank. He is an expert on G-20 and G8 Summits.

ExpertMark McClellan

Mark McClellan works on promoting high-quality, innovative and affordable health care. Once commissioner of the Food and Drug Administration and administrator of the Centers for Medicare & Medicaid Services, Dr. McClellan now directs the Engelberg Center for Health Care Reform.