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How many Gs are there in 'global governance' after the crisis? The perspectives of the 'marginal majority' of the world's states

Bibliographic Data

ID3713136
AuthorsAnthony Payne (0000-0002-8151-9722, University of Sheffield, corresponding author)
Year2010
Volume86
Issue3
Pages729-740
Publication date2010-05-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueInternational Affairs (JOURNAL)
Journal identifiersISSN: 0020-5850 • E-ISSN: 1468-2346
PublisherOxford University Press (OUP) (PUBLISHER)
DOI10.1111/j.1468-2346.2010.00908.x
OpenAlexW1984006302
LanguageEN
Citations received19

The G20 summit has recently emerged as the dominant agency of global governance. It claims that its economic weight and broad membership give it a high degree of legitimacy and influence over the management of the global economy and financial system. But the G20 still excludes from membership some 150 other countries, all of which have interests at stake within the contours of contemporary global governance. In the financial arena these excluded countries contributed significantly to the alternative agenda for dealing with the global financial crisis proposed by the United Nations conference that met in June 2009. In the trade arena they engaged extensively in a variety of coalitions within the World Trade Organization during the so-called Doha Round and played a part in preventing a deal emerging that was unsatisfactory from their perspective. Questions are raised about the legitimacy of the G20 by the active presence of so many other country voices outside its remit and it can be expected that the excluded ‘G150’ will increasingly explore different ways to engage with the members of the G20 over the next few years

Agency (philosophy) · Corporate governance · Development economics · Economics · Emerging markets · Financial crisis · Geography · Global governance · Legitimacy · Political economy · Political science · Politics · Social science · Sociology · Summit · Variety (cybernetics) · Finance · Global Financial Regulation and Crises · International Development and Aid · Law · World Trade Organization Law

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Unique citing works19
Citations per year1,27
Citation span2011 - 2024 (14)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 17

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