FOCUS ON
Building an important bridge between the G20 in London and the G8 meeting in L'Aquila in July 2009 and strengthening the economic governance reform process.
Berlusconi set to host the 35th G8 Summit in the city of l’Aquila, Abruzzo from July 8-10, 2009
Undoubtedly the Italian Presidency of the G8 has a hard task, being caught between the success of London and the decreasing relevance of the G8. But there is also scope for building a meaningful bridge between London and the G8 meeting in L'Aquila in July 2009, and continuing and strengthening the economic governance reform process. There is an urgent need to continue to push for progress on a number of key items that were not adequately addressed at the London Summit and where progress can be made in L'Aquila - fostering clarity for the G20 agenda for the next meeting in Pittsburgh in September 2009.
With regard, in particular, to the reform of the International Monetary Fund, the Italian Presidency should use its G8 chair to initiate a dialogue on reform of the European representation, taking advantage of having all the key players gathered together in L'Aquila. What is at stake is Europe's relevance at the international level. This is especially critical in view of the increasingly intense US-China dialogue. Europe's 'big four' (UK, Germany, France, Italy) therefore have a responsibility as well as the interest to bring up such a dialogue and move it forward. Read more...From Chatham House, London. Read more...
Feeding into G8 & G20 Policy Discussions
Chatham House is undergoing substantial work feeding into ongoing G8 and G20 policy discussions. Conducted in partnership with the Centre for International Governance Innovation (CIGI) based in Waterloo, Canada, and the Istituto Affari Internazionali (IAI ) in Rome, Italy, the project examines the outcome of the financial crisis, explores the financial architecture and its future development, and provides recommendations for reforms. Read more...
NORTH-SOUTH: Rebalancing Global Governance in Afterglow of G20 London
While the London Summit saw some advances on the details of new regulation and stimulus measures, much less progress was made on adjusting representation in the institutional mix. Major issues of institutional architectural reform remain outstanding, as issues for further review and reflection, despite how much such changes are needed in order to allow for more effective and legitimate global macro-coordination. The Centre for International Governance Innovation (CIGI . Read more....
G20 Work in Progress for Global Governance?
Distinguished Fellow Andrew Cooper delivered a keynote address at the 8th FES-SWP North-South Dialogue. He discussed how the G20 has served an important symbolic function and has significant instrumental value. Read more...