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Article

"Группа двадцати", БРИКС и "Группа семи" в глобальном экономическом управлении

Шелепов А. В., Ларионова М. В.

This article reviews the G7 and BRICS members’ positions and coalition-building in the process of forging decisions on the issues historically central to the G20 agenda: international financial institutions reform, macroeconomic policy and financial regulation. The authors seek to reveal what role the BRICS and G7 alliances played in advancing their members’ priorities in the G20 decisions. Have ad hoc groupings of advanced and developing economies indeed replaced the traditional alliances? Was the BRICS successful in using cooperation within the G20 to rebalance power and change the rules of the game in the global system? Has the G7 managed to maintain and consolidate its influence in the renewed system of global economic governance? What resources the BRICS possess for compensating the deficit of influence on the G20 decisions to achieve a more democratic and equitable multipolar world order and ensure sustainable, strong, balanced and inclusive growth?