Global Economics Monthly: Can the G20 Deliver?

Volume IV, Issue XI, November 2015

As leaders of the world’s major economies prepare to gather this month for their tenth Group of 20 (G20) Summit, the question arises again as to whether a forum that proved so useful in crisis can remain relevant in more normal times. This year’s meeting in Antalya, Turkey, is unlikely to
provide a satisfying answer. G20 leaders will not solve the most pressing problem in today’s global economy—weak and unbalanced growth—but they will do enough useful things to hint at the group’s promise. To back up the G20’s claim to be the “premier forum for our international economic
cooperation,” leaders should move away from grand action plans and refocus the group’s work on tangible steps toward long-term growth and resilience of the global economy.

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Matthew P. Goodman

Matthew P. Goodman

Former Senior Vice President for Economics

Daniel Remler