G20 Governance for a Globalized World (Global Finance)

Systematically assesses the G20's emergence, evolution and performance in response to growing demands for global governance across a wide, interconnected policy agenda and the full set of governance functions that international institutions supply. This study mobilizes classic and contemporary international relations theory to explain the causes of observed G20 governance, and on this basis offers some concluding predictions about its future course. In particular it offers an account, grounded in the competitive dynamics among international institutions in a crowded world, rather than one based merely on the older model of forum-shopping among states in an anarchic system. This book does not take up the popular enterprise of advising G20 governors what they should do with their forum or criticizing them for not using it to quickly solve many of the world's problems. Nor is it a sanitized account from the inside. It focuses instead on systematically describing what the G20 did and explaining why it did it, using the best concepts and theories that scholars of international relations and global governance have in their analytic repertoire and that are relevant to the task at hand. Here it seeks not to test competing international relations theories with evidence from G20 governance, but to use the key concepts of the former to help provide a more disciplined and insightful account of the G20 itself.