... economic architecture through the incorporation of a regional layer of global governance. This in turn may be pursued via the creation of a platform for regional integration arrangements and regional institutions with a coordinating role performed by the G20. Such a platform that may be denoted R20 (regional 20) would bring together regional integration arrangements and institutions where G20 countries are leading members. Such a platform may promote horizontal coordination across regional institutions ...
... a protracted play.
When President Yeltsin first submitted an application for Russia’s membership in the G7 back in 1992, there were simply no other alternative associations in the world where Moscow could try to squeeze in. Structures such as the G20, BRICS or SCO did not exist at the time, and Russia’s membership in NATO and the European Union seemed unrealistic even then. Therefore, joining the “Group of Seven” not only pursued situational tasks (access to financial and technical assistance ...
... anti-crisis response can be undertaken.
The coordinated global response to the 2008-2009 crisis was unprecedented in terms of the scale and synchronicity undertaken by countries. According to the International Labour Organization (ILO), “among the G20 countries alone, the size of fiscal stimulus amounted to $2 trillion – roughly 1.4 per cent of the world GDP. More importantly, the response to this crisis stands out because of the synchronicity among major economies on all fronts –
financial,...
The much anticipated G20 summit delivered some relief from the US-China trade dispute, as the imposition of higher tariffs was postponed. Although there were also bilateral talks between the Russian and US presidents, as well as meetings of the leaders of BRICS economies,...
... arrangements. The main rationale for this idea was the need to promote greater horizontal coordination among the various regional arrangements, while at the same time improving the cooperative linkages between regional and global multilateral institutions. The G20 may be seen as the optimal vehicle for promoting such cooperation, with the new framework of regional cooperation designated as R20 (regional twenty) that brings together the largest regional players across the world economy.
Earlier this year ...
G20 in Implementing Russia’s Strategic Tasks
The G20 is an important international forum, a meeting place for representatives of the world’s largest economies. Now, we can say that the division into the so-called “developed” and “developing” ...
A Kiev-provoked Ukraine/Russia naval clash near the Kerch Strait, Crimea, threatens to derail the Argentina G20 Summit and to worsen US-Russia bilateral relations
First, a little essential geography. The Kerch Strait, joining the Black Sea and the smaller Sea of Azov, is a narrow shallow passage, less than 24 NM wide at its narrowest point. So it all falls ...
The G20 in Hamburg (7-8 July) will probably be remembered mainly for the riots running on the streets of the wealthy German harbour city. In addition, despite the number of issues on the agenda (the global economy, migrations, the much-debated climate change,...
It is a win-win situation for both sides, and no one has lost
Anton Mardasov, Kirill Semenov:
The “Southern Deal” Between Moscow and Washington: A Duel of Diplomacies
The beginning of July was marked by the first personal meeting between Vladimir Putin, President of Russia, and Donald Trump, President of the USA, in Hamburg. The event had been awaited not only in our countries, but all around the world, drawing in a wide international response. Thus far, passions have been running high.
The first...
On July 10 Valdai International Discussion Club organized an expert discussion on the outcomes of G20 Summit.
On July 10 Valdai International Discussion Club organized an expert discussion on the outcomes of G20 Summit.
Fyodor Lukyanov, Member of RIAC, Academic Director of the Foundation for Development and Support of the Valdai Discussion Club,...
