| ID | 096252 |
| Title Proper | How many Gs are there in 'global governance' after the crisis? the perspectives of the 'marginal majority' of the world's states |
| Language | ENG |
| Author | Payne, Anthony |
| Publication | 2010. |
| Summary / Abstract (Note) | The G20 summit has recently emerged as the dominant agency of global governance. It claims that its economic weight and broad membership give it a high degree of legitimacy and influence over the management of the global economy and financial system. But the G20 still excludes from membership some 150 other countries, all of which have interests at stake within the contours of contemporary global governance. In the financial arena these excluded countries contributed significantly to the alternative agenda for dealing with the global financial crisis proposed by the United Nations conference that met in June 2009. In the trade arena they engaged extensively in a variety of coalitions within the World Trade Organization during the so-called Doha Round and played a part in preventing a deal emerging that was unsatisfactory from their perspective. Questions are raised about the legitimacy of the G20 by the active presence of so many other country voices outside its remit and it can be expected that the excluded 'G150' will increasingly explore different ways to engage with the members of the G20 over the next few years. |
| `In' analytical Note | International Affairs Vol. 86, No. 3; May 2010: p.729-740 |
| Journal Source | International Affairs Vol. 86, No. 3; May 2010: p.729-740 |
| Key Words | Global Governance ; Marginal Majority ; Global Economy ; Financial System ; United Nations |