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This revised and updated edition presents detailed analysis of the history and current state of the G20, and the challenges it faces.
The emergence of the G20 was the result of calls for full inclusion of major developing and other systemically important countries and to reflect new global economic and political realities. The growth of Chinese power, growing significance of other major developing countries and new concerns concerning anti-globalization and rising protectionism in the West have all resulted in important changes to the dynamics of the institution. The suspension of Russia's membership in the G8 has also necessitated a change in G7/G20 dynamics and the G20's processes, agenda priorities and role in global governance. Providing a historical overview and analysis of the evolving agenda, methods of performance evaluation, relationship with structured international organizations and other external actors, Hajnal's text is an authoritative work of history, analysis and reference on the G20 and also G7/G8/G20 reform.
This book is an essential source for researchers and students focusing on the G20, international organizations and global governance, and more generally for scholars in the fields of political science, economics, and finance.
Peter I. Hajnal is a Fellow of Senior College; Research Associate, Munk School of Global Affairs; and Emeritus Librarian, all at the University of Toronto. He was Adjunct Professor, Faculty of Information, University of Toronto for 11 years, and was a librarian, specializing in international organization information, for over 30 years. He has been a member of the G7/G8/G20 Research Groups since 1988; he attended 14 G7/G8/G20 summits as media correspondent and was Library Advisor to the Research Groups for 24 years. He is also a member of the Academic Council on the United Nations System, the International Studies Association, the Union of International Associations and the American Library Association. He served as consultant at the United Nations, in post-Yugoslavia Macedonia, in the Civil G8 project in 2006 in Russia, and in the Graham Library, Trinity College, University of Toronto.
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