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July 8, 2019
The outcome of the G20 meeting in Osaka last weekend of June can be seen as positive; it was a kind of restart after the failure of previous multilateral meetings, with more details and emphasis on previously discussed issues and the addition of certain new ones.
June 18, 2019
In November 2018, just before the last meeting of the G20 state leaders in Buenos Aires, the focus was placed on whether a communiqué would be issued (there was no such communiqué for the previous G7 summit) and if the meeting between the leaders of the USA and China would avoid a trade war.
December 24, 2018
In 2018, the financial regulatory reform approved after the crisis by the G20 and the Financial Stability Board (FSB) was considered virtually complete and the focus was supposed to be on implementing the reforms already initiated.
December 10, 2018
Last Saturday the G20 summit was held in Argentina. What better opportunity to discuss the trade war than the meeting of representatives of countries that account for more than 75% of global growth, investment and trade.
December 18, 2017
The prolongation of the discussions on the finalisation of Basel III has triggered a debate on the adequacy of the current approach to international banking regulatory standards. There is a certain feeling that they are increasingly complex, needlessly detailed and unevenly implemented.
November 20, 2017
The global financial crisis revealed that the banks had not got the resources sufficient to handle a recession as far-reaching as it turned out to be, of a magnitude only comparable with the Great Depression of the 1930s. To prevent anything similar from happening again, the G20 sponsored new accounting rules in creating new banking provisions known as IFRS 9.
July 17, 2017
The Annual Summit of the G20 took place on 7 and 8 July, chaired by Germany. There were no unexpected messages, although the intensity of the stress laid on international coordination and cooperation being key to improving economic growth and social wellbeing was remarkable.
March 27, 2017
The G20 meeting which was held in Baden-Baden (Germany) on 17 and 18 March was not attended in person by Trump, although his influence was very present. Certain traditional G20 messages have executed an about-turn which reflects the new US position.
October 17, 2016
Hay algo de preocupación. Un año más las autoridades económicas se han reunido en Washington sin que los estudios del Fondo Monetario Internacional (FMI) apunten a una aceleración del crecimiento.
September 12, 2016
Alguien ha comentado que los comunicados del G20 contienen un ratio muy elevado de palabras sobre decisiones tomadas, y es cierto que el de la última cumbre de Hangzhou en China no es una excepción y su lectura puede resultar un ejercicio ingrato.
September 2, 2016
Leaders of the G20 will be meeting in Hangzhou on Sept 4-5 to discuss how to move “towards an innovative, invigorated, inter-connected and inclusive world economy”. The idyllic setting of this year’s G20 Summit should be conducive to cooperation. However, we expect a tepid outcome which looks good on paper but does not translate into actionable policies.
February 25, 2016
Finance Ministers of the G20 will meet in Shanghai on February 26-27 to discuss global growth woes and financial stability. However, disparate economic realities and a dysfunctional international financial system will limit the scope of commitments that can be achieved in Shanghai.
