11. Geeing up the G-20
- Author:
- Mark P Thirlwell and Dr. Malcolm Cook
- Publication Date:
- 05-2006
- Content Type:
- Policy Brief
- Institution:
- Lowy Institute for International Policy
- Abstract:
- Globalisation implies a big increase in the payoffs from successful cross-border economic cooperation. Yet the main international institutional mechanisms designed to facilitate such cooperation, the G7 and the IMF, are not up to it. Both the G7’s membership and the IMF’s governance structure significantly under-represent several key players in the modern global economy, a potentially fatal handicap when it comes to tackling some of the most pressing challenges now facing policymakers. Moreover, neither gives Australia a permanent seat at the top table.
- Topic:
- International Relations, Development, and Economics
- Political Geography:
- Australia/Pacific