History of the G20 & BRICS

History of the G20 & BRICS: 2010 - 2015

From 2010 - 2015, the Heinrich Böll Foundation published a quarterly newsletter, the “G20-BRICS Update,” on the G20 Summit processes and outcomes with special emphasis on the contributions to the processes by civil society organizations.

G20-BRICS Update #18 - The Fossil Fools Troika

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The February 2014 "G20-BRICS Update" features articles on the Australian G20 Presidency by Senator Christine Milne and Alan Alexandroff; articles on the BRICS by Graciela Rodriguez and Oliver Stuenkel (Brazil) and Vitaliy Kartamyshev (Russia); and reviews of work by Jayati Ghosh and Observer Research Foundation (India).

G20-BRICS Update #17 - G20 Growthcery

At the September 2013 G20 Summit in St. Petersburg, Leaders faced conflicts relating to the Syrian crisis and decelerating global growth and, particularly, the role of the monetary policies of advanced countries, especially the U.S., in destabilizing developing country ́s economies.

G20 Update #15 - Russia's G20 Priorities

This issue features articles on  the G20 exclusion of African perspectives, the story of Russia’s CivilG8–2006 Project, the parade of “20” meetings, the G20’s Anti-Corruption Working Group and includes a “knowledge box” on “The `Enough’ Campaign and the G8’s New Alliance for Food Security and Nutrition.

G20 Update #14 - The New G20 Troika

On December 1, 2012, the G20 welcomed its new leadership “troika”– Russia, Mexico, and Australia – the current, past and future presidents, respectively. The Russian G20 Presidency has announced its priorities for the 2013 Summit.G20 Sherpas, or presidential aides, will meet in Moscow in mid-December. At the same time, civil society, think tanks, and business leaders will gather to hammer out recommendations to present to the Sherpas.

G20 Update #11 - Occupy G20?

The G8 and G20 Summits, which will be held on May 18-19 and June 18-19, respectively, are both being held in remote locations. When the original venue of the G8 Summit was Chicago (just prior to the May 20 NATO Summit in Chicago), major “Occupy” protests were being organized. Then, President Obama decided to move the G8 Summit to Camp David, his presidential retreat in the mountains of the U.S. state of Maryland.

G20 Update #9 - Leadership Transition

The French Presidency of the G20 began the year with sweeping ambitions of overhauling global governance. But now, on the eve of the Summit, its greatest accomplishment may be a more or less convincing plan to save the Eurozone.The latest newsletter on "EU financial reforms" by SOMO and WEED, provides important perspectives on EU and G20 approaches to the crisis.

G20 Update #8 - Breaking News

Harvard Professor Dani Rodrik uses the graph (below) to illustrate the “great divergence” between Western economies which struggle with crushing debt burdens and political paralyses, on the one hand, and the economic dynamism of developing nations. Emerging market countries want their economic dynamism to translate into political muscle, including at the IMF.

G20 Update #7

Our latest issue looks at how the financialization of agricultural markets increased price volatility and how the G20, paradoxically, wants to address this by even greater financialization. It investigates what role the G20 will play in the transformatio of the world economy and in tackling climate change. It also addresses the practice of inviting CEOs of big businesses to G20 summits and calls for a more legitimate approach by inviting business associations that are more representative.

G20 Update #6

Historically, Summit agendas have a way of being hijacked by current events and the 2011 Summits will be no exception. On May 26-27, the G8 Summit can be expected to address threats in the Middle East, especially Libya; in the Eurozone (where sovereign debt ratings for Spain and Portugal have been downgraded), and in Japan. Some G20 Leaders want the G8 to die a quiet death; they perceive G8 Leaders “pre-cooking” outcomes for their Summit, which is not until November. Meanwhile, as events unfold, the G8 and G20 Ministers and working groups continue to work in parallel.

G20 Update #5

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In this edition of the newsletter we cover a wide array of issue-areas and opinions:

1) Kirk Herbertson of World Resources Institute and Nancy Alexander of HBS look at the G20 as a standard setter and ask whether it could push for the internalization of environmental and human rights impacts in order to lead to better investment decision-making.

 

2) Nancy Alexander looks at the implications of the G20 for global governance.

3) Marta Benavides introduces the Global Call to Action against Poverty (GCAP) and the important role of increased civil society involvement in the G20 process.

4) Ilcheong Yi of UNRISD discusses the financial transaction tax and its link to social security.

5) Karen Hansen-Kuhn of IATP gives an update on the on-going discussion within the G20 on commodity and food price volatility, a topic that certainly will remain on the top of the global agenda in 2011.

G20 Update #4

After the Seoul summit, we summarize - and criticize - the outcomes of summit: how does South Africa aim to represent the interests of the African continent at the G20 meetings and how is this perceived in other African countries? How could the G20 avoid falling into the same trap as the G8 - announcing well-intentioned programs without delivering them? And what needs to be done to effectively regulate financial markets and commodity speculation?

G20 Update #3

We are getting ready for Seoul where the next G20 summit is taking place. The core issues there are expected to be development and financial markets regulation. Some of our contributors argue that addressing development helps closing the G20's legitimacy gap, while others worry that yet another development actor will only make the development field more messy and the G20 less focussed. Instead, the G20 should narrow its agenda to financial issues like the latest Basel rules.

This trade-off between legitimacy and focus could be solved by establishing issue-oriented, ministerial-led G20s: one that focuses on finance, one on development, one on climate change, and so forth.

G20 Update #2

Ahead of the G20 summit in Seoul, we present the ins and outs of food speculation which is expected to be one of the main topics of the summit in Seoul. We explain how food speculation works, analyze how it drives world hunger and propose what individual states and the G20 should do to limit food speculation.

G20 Update #1.2

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We review the Toronto Summit and take a look ahead to Korea’s presidency of the G20 with a distinct focus on development issues, financial market regulation and civil society engagement.

G20 Update #1

We review the Toronto Summit and take a look ahead to Korea’s presidency of the G20 with a distinct focus on development issues, financial market regulation and civil society engagement.