The G8-G20 Relationship in Global Governance
This volume explores the G8/G20 summits’ performance, their comparative strengths and limitations, the division of labour and relationship between them as it is emerging over the period of their co-existence, and how the future G8-G20 partnership can be improved to the benefit of both bodies, the prosperity and well-being of their citizens, and the sustainable and balanced growth of the world economy as a whole.
It presents the results of a collaborative research program of the International Organisations Research Institute of the National Research University Higher School of Economics and the G8 Research Group and G20 Research Group at the University of Toronto. It thus combines the talents of two research teams that have worked together for many years on the analytic and empirical components essential to accomplish the task in this book). The first team, led by Marina Larionova at the National Research University-Higher School of Economics in Moscow includes her scholarly colleagues, researchers, and practitioners in Russia and beyond, in the person of Dr. Vadim Lukov, Ambassador-at-Large of the Russian Ministry of Foreign Affairs, Russian Ministry of Foreign Affairs Coordinator for G20 and BRICS Affairs and Zia Qureshi of the World Bank. The second team, led by John Kirton at the University of Toronto, includes his colleagues at Toronto and Dries Lesage from University of Ghent in Europe. This combination has facilitated the task of producing a cumulative, coherent work.
Most of the chapters were initially presented as papers and research reports and discussed at an international research workshop “Partnership for Progress. From the 2010 Muskoka-Toronto Summits to Seoul Summit,” organized by the International Organisations Research Institute (IORI) of the National Research University Higher School of Economics (HSE) with support from Oxfam and the Department for International Development of the United Kingdom. The workshop led to a refined analysis and to recommendations on the G8 and G20 future coexistence and their engagement with other multilateral institutions. Initial drafts of the chapters on accountability by John Kirton and Marina Larionova were presented at a conference on global governance at Princeton University. The full set of HSE workshop papers, and initial drafts of many of the chapters in this volume, were published as a special edition of the International Organisations Research Journal, on the theme of “G-x Summitry,” in December 2010. These initial analysis were subsequently extensively developed, updated, and expanded to take full account of the subsequent summits of the G8 and G20 in 2011, 2012, 2013, the work of other international institutions, and new trends in G8-G20 summitry. They were further enriched by collectively held workshops involving most of the authors in Paris, Mexico City, Belfast and Moscow during this time.
G20-B20 Dialogue should be instrumental in enhancing G20 efficiency by both responding to the business interests and concerns and engaging private sector in generating growth and jobs. B20 (G20 Business Summit) was first initiated by the Canadian Council of Chief Executives (CCCE) on the eve of the Toronto summit in June 2010. To date five B20 meetings, including the one in Toronto, have been organized each putting forward recommendations for G20 leaders: in Seoul in November 2010, in Cannes in November 2011, in Los Cabos in June 2012 and in St Petersburg in 2013.
Investment made into the dialogue by both business and governments warrants an independent unbiased and rigorous analysis of what has been achieved and what lessons should be learnt. This chapter reviews progress of G20-B20 engagement to identify achievement and challenges.