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Evolution of the Finance Tracks Agendas

In: Global Cooperation and G20

Author

Listed:
  • Saon Ray

    (Indian Council of Research on International Economic Relations (ICRIER))

  • Samridhi Jain

    (PricewaterhouseCoopers Pvt. Ltd.)

  • Vasundhara Thakur

    (Institute of Economic Growth)

  • Smita Miglani

    (The Kiel Institute for the World Economy and Bielefeld University)

Abstract

This chapter discusses the agenda in the Finance Track in the summits from 2008 to 2019. The scope that a G20 Presidency allows for when a country takes up the Presidency is discussed further. This has primarily been analysed through the lens of agenda setting. Agendas are devised keeping in view the domestic economy; international political economy; global economy and growth prospects; economic trends and shocks in the G20 countries; consideration of bringing to the table agenda items that cater to counterparts’ issues and secure buy-in from other G20 peers. The process of agenda building among the G20 members envisioned that the group’s mandate would encompass all major economic issues related to long-term growth rates and ensure discussions surrounding financial stability. The four-core agenda discussed several times includes the global economy, fiscal and monetary policies; international financial institutions; financial sector reform and regulation; and international taxation. Others that have been discussed less include infrastructure investment and spending; exchange flexibility; climate change; structural reforms; financial inclusion; reducing imbalances; and global financial safety nets.

Suggested Citation

  • Saon Ray & Samridhi Jain & Vasundhara Thakur & Smita Miglani, 2023. "Evolution of the Finance Tracks Agendas," Springer Books, in: Global Cooperation and G20, chapter 0, pages 85-176, Springer.
    • Handle: RePEc:spr:sprchp:978-981-19-7134-1_4
    DOI: 10.1007/978-981-19-7134-1_4
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