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Monitoring and evaluating the level of fulfillment of commitments made by leaders at the G20 and BRICS summits in 2018

Мониторинг и оценка уровня исполнения обязательств, принятых лидерами на саммитах "Группы двадцати" и БРИКС 2018 года

Larionova, Marina (Ларионова, Марина) (), Ignatov, Alexander (Игнатов, Александр) () and Popova, Irina (Попова, Ирина) ()
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Larionova, Marina (Ларионова, Марина): The Russian Presidential Academy of National Economy and Public Administration
Ignatov, Alexander (Игнатов, Александр): The Russian Presidential Academy of National Economy and Public Administration
Popova, Irina (Попова, Ирина): The Russian Presidential Academy of National Economy and Public Administration

Working Papers from Russian Presidential Academy of National Economy and Public Administration

Abstract: The main objective of this study was to conduct a comparative assessment of the G20 and BRICS members’ compliance with the collective decisions made in the priority areas of cooperation to provide data for Russia's participation in the G20 and BRICS and to give recommendations for Russia's chairmanship in BRICS in 2020. For the G20 summit in 2018 the overall compliance score reached 77.6%. High level of performance was achieved for the Paris Agreement and WTO reform decisions, lowest scores – for commitments in new and more specific areas of big data management and FinTech, and also for the IMF reform. For the BRICS summit in Johannesburg, average compliance score is 85%. Cooperation within the G20 and BRICS ensures Russia’s participation in agenda-setting, policy-shaping and decision-making on the most important global governance issues. The members’ compliance with the commitments made at the summits is an effective tool for promoting national interests in key areas of international cooperation. Moreover, the implementation of collective decisions contributes to creating favorable conditions for attaining Russia’s national priorities in socio-economic development.

Pages: 41 pages
Date: 2020-04
New Economics Papers: this item is included in nep-cis
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