The G20's finance meeting failed to offer concrete steps to mitigate a "currency war," and reports say it highlighted the group's shortcomings as an international arbiter of economic policy.
Listen to Martin Wolf, Associate Editor and Chief Economics Commentator, Financial Times, explicate the lessons learned of the financial crisis, their implications, and prescriptions for the upcoming G20 Summit in London and beyond.
As the global economic crisis increases the importance of trade, and China and the United States eye greater engagement with Southeast Asia, ASEAN may play a more robust role in the region.
The Obama administration sees the Organization of the Islamic Conference as a venue through which to court Muslims globally, but the group's controversial positions on some issues could pose problems.
G20 finance ministers and central bank governors issued this communiqué at the summit in Moscow on February 15 and 16, 2013. Major agreements from the discussions include refraining from devaluing their currencies devaluation and enforcing corporate tax laws.
This Hürriyet Daily News & Economic Review article by Sevil Küçükkoşum examines talk of increasing economic integration between Turkey, Syria, Lebanon and Jordan that has prompted visions of a new “Middle East Union” to rival the EU.
Evan A. Feigenbaum argues that any multilateral group in Asia is more likely to be effective if Asian nations assemble those with the greatest power and capacity and have a clear, agreed purpose.
The good news on climate change is that the world wants to do something. The bad news is that none of these fine sentiments will matter unless a critical mass of countries unites around a real policy. Delegates from around the world will meet next month in Bali, supposedly to launch negotiations on a successor agreement to the Kyoto Protocol. In this Washington Post op-ed, Sebastian Mallaby argues that while people agree that action is essential, they disagree so fiercely on the details that action may prove impossible.
Philip Kazin, research director of the Baltic Research Center, a St. Petersburg-based think tank, says the agenda of the G-8 should focus on trade and energy issues, not on Russia's rollback of democracy.
The interactive Global Governance Monitor tracks, maps, and evaluates multilateral efforts to address today's global challenges.
CFR Experts Guide
The Council on Foreign Relations' David Rockefeller Studies Program—CFR's "think tank"—is home to more than seventy full-time, adjunct, and visiting scholars and practitioners (called "fellows"). Their expertise covers the world's major regions as well as the critical issues shaping today's global agenda. Download the printable CFR Experts Guide.
The author analyzes the potentially serious consequences, both at home and abroad, of a lightly overseen drone program and makes recommendations for improving its governance.