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ID127475
Title ProperSummit of global decisions (on the results of the meeting of G20 leaders in St. Petersburg)
LanguageENG
AuthorLukov, V
Publication2013.
Summary / Abstract (Note)THE ST. PETERSBURG SUMMIT, which took place on September 5-6, became the culmination of the "Russian year" in the life of the G20, the main forum of international economic cooperation between its member states.
On the Eve of the Presidency
THE PROCESS of the formulation of the presidency's priorities and agenda began in the spring of 2012. The experience of our predecessors was closely studied, as was the experience of the Russian presidency at forums similar in scale and profile (the G8 in 2006, the SCO in 2008-2009 and APEC in 2012).
The definition of the presidency's priorities became a serious challenge to the Russian side. A large diversity of multi-vector trends in the development of the global economic and financial system, as well as in the evolution of the positions of the G20 participants had to be taken into consideration. There was also another factor that could not be ignored: The uneven implementation of the G20's previous decisions, which gives cause for periodic talk about the declining effectiveness of that forum and its role as one of the global governance mechanisms.
`In' analytical NoteInternational Affairs (Moscow) Vol. 59, No.6; 2013: p.42-46
Journal SourceInternational Affairs (Moscow) Vol. 59, No.6; 2013: p.42-46
Key WordsG20 ;  International Economic Cooperation ;  St. Petersburg ;  Global Economic System ;  Global Governance ;  Russia