Introduction

Larionova Marina Vladimirovna; Kirton John

Book chapter

Introduction

P. 3-14.

Larionova M. V., Kirton J.

The twenty-first century has brought a proliferation of pressing global problems that break out far more suddenly and surprisingly, spread more swiftly and extensively, and interact in more complex and uncertain ways than ever before. On the eve of the century there was a financial crisis in Asia that began in 1997 and consumed countries in the Americas, Europe, and the Middle East over the following years. The terrorist attacks on the United States on September 11, 2001, began a new era of global mega-terrorism, which quickly spread to many other countries and led to a war in Afghanistan that endured for over a decade. The collapse of the investment bank Lehman Brothers in New York on September 15, 2008, catalysed an American-turned-global financial crisis that immediately created the world’s worst recession since the one in the 1930s that had brought such great destruction in its wake. This new recession was followed by a European financial crisis that erupted in 2010.

These new crises and their accompanying challenges have demanded and received a forceful, innovative, global governance response. The established Group of Seven (G7) major market democracies added Russia as a full member in 1998 to become the Group of Eight (G8) and reached out to embrace as participants the leading African countries in 2001, the emerging powers of China, Brazil, India, Mexico, and South Africa by 2005, and then Korea and Indonesia to address climate change by 2008. In November 2008, the Group of 20 (G20) systemically significant countries, formed in 1999 at the level of finance ministers and central bank governors, leapt to the leaders’ level to become a vibrant summit club. And in 2008 another plurilateral summit institution (PSI), assembling the big emerging economies of Brazil, Russia, India, China, and, later, South Africa (BRICS), arrived on the scene

Language: English

Keywords: global governance G7/G8 G20

In book

The G8-G20 Relationship in Global Governance

Gilman M. G., Hajnal P. I., Kokotsis E. et al. Ashgate, 2015.

Australian G20 Presidency

Sakharov A. G., Shelepov A. V., Safonkina E. et al. International Relations. WP BRP. НИУ ВШЭ, 2015

The 2014 Australian presidency took place against the backdrop of multiple challenges in both global economy and international politics, with Ukrainian crisis, Syrian conflict, Islamic State, and Ebola. Thus, despite being an economic forum, the G20 could not avoid addressing these issues, with discussions taking place during the bilateral meetings and on the sidelines of the forum. The article attempts to analyze the Australian G20 Presidency within a functional paradigm, assessing G20 performance on the three main objectives of plurilateral summitry institutions: strengthening capacity for political leadership to launch new ideas and overcome deadlocks; reconciling domestic and international pressures; and consolidating collective management. The analysis revealed that, despite a number of setbacks, the 2014 Australian presidency managed to steer the G20 members’ cooperation on the four major pillars of the institution’s agenda, reflecting a consistently high level of the G20 commitment to fulfilling its key mission of ensuring strong, sustainable, balanced and inclusive growth. The research was carried out with financial support of Russian Humanities Research Foundation within the framework of a research project “Elaborating a Supply – Demand Model to Balance External Demand and National Priorities in the Presidency Proposals for Agenda in G20, G8 and BRICS”, project №12-03-00563.

Added: Sep 4, 2015

Turkey: the Antalya Summit

Edited by: J. Kirton, M. Koch, S. Güven. L.: Newsdesk Media Group, 2015.

Added: Oct 31, 2015

Сivil 20 Proposals for Strong, Sustainable, Balanced and Inclusive Growth

Edited by: M. V. Larionova. M.: Logos, 2013.

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 equality into opportunities is fundamental for generating strong, sustainable, balanced and inclusive growth. Transition to this growth model will depend on G20 coherent policy actions globally and nationally.

In the run up to the St. Petersburg G20 summit the Civil 20 initiated preparing a report and recommendations to G20 focused on surmounting the risks originating from growing income inequality. A special Task Force, bringing together experts from G20 member countries has been established to draft the report. Presented and discussed within the Russian G20 Presidency Civil Society Track (www.g20civil.com), the report provides an independent analysis and proposals for a dialogue between a wide range of stakeholders and the G20 governors on the G20 concerted policies and actions to improve economic equality within their countries and beyond.

This set of policy recommendations on how G20 can address inequality takes full account of the existing authoritative, best available, consensus, analysis and evidence of the IMF, OECD, UNDP, other international organizations and relevant scholarly, civil society and policy communities, as summarized above. It builds directly upon the extensive evidence and analysis of the causes and practical policy cures for income inequality in the G20 member countries, as identified in the country reports prepared by and for members of the Civil 20 Task Force on Equity (currently including Australia, Canada, China, France, India, Indonesia, Mexico, Korea, Russia, Turkey and the US).

The Civil 20 propose that G20 leaders at their St. Petersburg summit can act together to improve income and economic equality within their countries and beyond by agreeing the Saint Petersburg Initiative for Strong, Sustainable, Balanced and Inclusive Growth affirming the value of equality and inclusion along with economic growth and efficiency.

Added: Jul 1, 2013

Глобальное экономическое регулирование: учебник

Зуев В. Н., Островская Е. Я., Мешкова Т. А. и др. М.: Магистр, 2013.

Added: Feb 25, 2014

The European Union in the G20

Larionova M. V., Renard T. In bk.: The European Union in the G8: Promoting Consensus and Concerted Actions for Global Public Goods. Farnham: Ashgate, 2012. P. 121-150.

Added: Feb 18, 2013

Do G8 summits make a real difference?

Larionova M. V., Kokotsis E. In bk.: The G8 Camp David Summit 2012: The Road to Recovery. Newsdesk Media Group, 2012. P. 218-219.

For the past 37 years, the annual G8 summits have generated a wide breadth of declarations and communiqués binding the leaders to hard commitments across a diverse range of global policy issues. The extent to which the G8 members comply with their annual commitments has, in recent years, become a hotly contested topic, pitting academics, politicians, policy wonks and newsmakers against each other in an effort to understand whether commitments by the G8 do, in fact, matter. Given this era of ongoing domestic political constraints and conflicting global demands, does the G8 have the ability and, indeed, the capacity not only to make, but also to keep the commitments its members collectively generate at their annual summits?

Added: Oct 3, 2013

Global Security Governance At Work: The Case of 2008 Russia-Georgia Conflict

Rudneva T. Series: International Relations. No. WP BRP 30/IR/2018. National Research University Higher School of Economics, 2018. No. 30.

Added: Apr 11, 2018

Russia’s vision for G20 summitry

Larionova M. V. In bk.: The G20 Mexico Summit 2012: The Quest for Growth and Stability. L.: NewsdeskMediaInc, 2012. P. 192-193.

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 motion. The G20 leaders’ decisions on the Mexican 2012 Presidency’s five priorities, which are broadly shared across the G20 members and beyond, are expected to advance global financial and economic stability; promote growth and jobs creation through structural reforms; make progress towards international financial institutions reform; strengthen financial regulation; enhance food security and mitigate commodity price volatility. The summit commitments and their implementation by the G20 and relevant international institutions will show how much the expectations held would prove to be the expectations met.

Added: Jun 27, 2012

Energy for Development. The Lessons and Benefits of EU Approach

Zaytsev Y. K. International Researchers. 2012. Vol. 1. No. 1. P. 59-75.

The article analyses the EU activity in assisting developing countries to develop energy sector throughperspective of the functional approach. The author identifies the EU approach by assessing EU compliance with the G8 commitments on assisting developing countries to develop energy sector. The assessment is made on the basis of the analysis of EU implementation of its commitments made in four major spheres of international engagement for energy development, such as ensuring developing countries’ access to modern energy sources, clean energy development, raw natural energy resources, sustainable management and environmental protection. In order to ensure comprehensive and unbiased assessment the author applies the methodology of global governance delivery function approach and compares EU compliance with compliance of other traditional donors such as USA and emerging donors such as Russia. In conclusion some recommendations on how to raise effectiveness in assisting developing countries to develop energy sector are made for the Russian Federation.

Added: Aug 31, 2012

Содействие "Группы восьми" и "Группы двадцати" развитию беднейших стран в период экономического и финансового кризиса

Зайцев Ю. К. Вестник Российского университета дружбы народов. Серия: Международные отношения. 2011. № 3. С. 5-15.

The paper presents analysis of the G8 and G20 assistance to developing countries in overcoming the consequences of economic and financial crisis. It assesses the G8's and G20's implementation of key global governance functions and highlights their engagement with international organizations. In conclusion the author gives recommendations for rational division of labour between the institutions in international development assistance.

Added: Sep 17, 2012

состоялось ли глобальное управление

Братерский М. В. Вестник международных организаций: образование, наука, новая экономика. 2014. Т. 9. № 4. С. 196-197.

One of the popular answers to the challenges of the modern world is the concept of global governance. Does it exist really/ This is the questyion J/ Kirton answers in his book.

Added: Jan 15, 2015