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Asia-Pacific
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2011
 
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Global Partnership for Strong, Sustainable and Balanced Growth: An Agenda for the G20 Summits


Author(s): Nagesh Kumar, Shuvojit Banerjee, Alberto Isgut, Daniel Jeongdae Lee
Economic Sector(s): (1) Global, regional and multisectoral economic and social development strategies and policies
ESCAP Reference No.: WP/10/12
Division/Office: Macroeconomic Policy and Development
Published Date: November 2010
Country: {Non-country Specific Publication}
Hard Copy Price: Online Copy Only


Since its first meeting in December 1999 in Berlin, the Group of 20 has come a long way to establish its relevance, credibility and emerge as a premier council for global economic cooperation. It proved to be very effective forum for discussing and implementing a globally coordinated response to the global financial and economic crisis since November 2008. Besides immediate emergency response to the crisis, the G20 has expanded its agenda to cover a number of issues that are important for the global economic growth and financial stability with the adoption of a Framework for Strong, Sustainable and Balanced Growth. The Fifth G20 Summit, held in November 2010 in Seoul, Republic of Korea, the first time in a non-G7 country, also expanded its agenda to cover Development. This paper reviews some key issues of interest to developing countries of the Asia-Pacific region having a bearing on the agenda at the G20 Summits.




 




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