Evolution of the Finance Tracks Agendas

Saon Ray, Samridhi Jain, Vasundhara Thakur and Smita Miglani
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Samridhi Jain: PricewaterhouseCoopers Pvt. Ltd.
Vasundhara Thakur: Institute of Economic Growth
Smita Miglani: The Kiel Institute for the World Economy and Bielefeld University

Chapter Chapter 4 in Global Cooperation and G20, 2023, pp 85-176 from Springer

Abstract: Abstract This chapter discusses the agenda in the Finance Track in the summits from 2008 to 2019. The scope that a G20 Presidency allows for when a country takes up the Presidency is discussed further. This has primarily been analysed through the lens of agenda setting. Agendas are devised keeping in view the domestic economy; international political economy; global economy and growth prospects; economic trends and shocks in the G20 countries; consideration of bringing to the table agenda items that cater to counterparts’ issues and secure buy-in from other G20 peers. The process of agenda building among the G20 members envisioned that the group’s mandate would encompass all major economic issues related to long-term growth rates and ensure discussions surrounding financial stability. The four-core agenda discussed several times includes the global economy, fiscal and monetary policies; international financial institutions; financial sector reform and regulation; and international taxation. Others that have been discussed less include infrastructure investment and spending; exchange flexibility; climate change; structural reforms; financial inclusion; reducing imbalances; and global financial safety nets.

Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-19-7134-1_4

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DOI: 10.1007/978-981-19-7134-1_4

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