<
https://theconversation.com/g20-is-too-elite-theres-a-way-to-fix-that-though-economists-255783>
"The G20 claims to be “the premier forum for international economic
cooperation”.
But is it?
As scholars of global economic governance, we are sceptical of this claim. Here
are our main reasons.
* The G20 is insufficiently representative of the 193 member states of the
United Nations plus the small number of non-member states.
* It is a self-selected group of 19 countries and the European and African
Unions.
* It has no mandate to act or speak on behalf of the international community.
* It has no transparent or formal mechanisms through which it can communicate
with actors who do not participate in the G20 but have a stake in its
deliberations and their outcomes.
The growing tensions in the world make it more urgent to improve the efficacy
of the G20. Firstly, because there is growing evidence of the loss of interest
in global cooperation. Secondly, because rich states are cutting their official
development assistance and are failing to meet their commitments to help
countries deal with loss and damage from climate impacts and make their
economies more resilient to shocks.
And thirdly, because rich countries are also reluctant to discuss financing
sustainable and inclusive development in forums like the upcoming Fourth
Financing for Development Conference or the UN, where all states can
participate. They prefer exclusive forums like the G20.
Here, after briefly describing the structure of the G20, we argue that its lack
of representation is a major problem. We offer a solution and argue that, as
chair of the G20 this year, South Africa is well placed to promote this
solution."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
