... advocating the prioritization of the G20 route vs. BRICS[7]. Rather than a tug-of-war between the BRICS and the G7/G20 over the African Union, a far better outcome is the African Union leading the formation of platforms of regional cooperation in the Global South (within the BEAMS/BRICS+ format) as well as globally (within the G20 framework). This would be a palpable contribution of Africa and the Global South more broadly to a material transformation of global governance in the direction of inclusivity and openness to the developing world. It would also position the AU at ...
... integrated approach to labor market policy (all these initiatives were launched in 2013 during Russia’s G20 chairmanship). Besides, Russia views G20 as a useful platform for strengthening economic policy coordination among the BRICS economies (all of BRICS are G20 members) as well as with other heavyweights of the Global South.
G20 evolution: What is the way ahead?
Yaroslav Lissovolik:
Integration along the North–South Axis: Opportunities for Coupling
Looking into the future, the unique feature of G20 summits in the next three years is that they will be chaired ...
... organizations and networks. These platforms could be created on the basis of existing arrangements and economic blocs — in the case of G20 there could be a case for creating a regional R20 composed of the regional integration blocs where G20 countries are members. Similarly, for the BRICS, a BRICS+ format that brings together regional integration arrangements where BRICS economies are members provides for smaller emerging markets to deliver their contribution to the process of economic integration in the Global South.
Source:
Valdai. Discussion club
