Reform Orientation of Global Economic Governance
Yuyan Zhang ()
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Yuyan Zhang: Chinese Academy of Social Sciences
Chapter Chapter 6 in The Change of Global Economic Governance and China, 2022, pp 97-112 from Springer
Abstract:
Abstract Global governance cannot possibly be absolutely dominated by one party over a long period. As a matter of fact, due to differences in strength, interest and value, the G20 has generally been differentiated into three subgroups: the G7 and European Union that represent the interests of western status quo states, the BRICS countries standing for the interests of rising developing countries, and other middle powers. Among them, the G7 and the BRICS countries are two key pillars of the G20.
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-19-0699-2_6
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DOI: 10.1007/978-981-19-0699-2_6
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