by Summary:
Although the G20 still retains its potential to support the global economic stability, there is an impression that its mission is coming to an end. If this trend is not reversed, then, a summit or two from now, we might see the return of trade wars and competitive devaluations of national currencies. In that case, the current G20 format, built around the US leadership and hegemonic in nature, will not work at all. The nature of the G20 is that of an international forum, not an international intergovernmental organization.;;; ValdaiG20: A Transition to Bipolarity? Stanislav Tkachenko, Visiting Professor at the Research Center for the Economies and Politics of Transitional Countries, Liaoning University
Topics:
Mike Norman considers the following as important: bipolarity, G-20, global economy, global trade, International Political Economy, multipolarity, unipolarity, US hegemony, world order
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Although the G20 still retains its potential to support the global economic stability, there is an impression that its mission is coming to an end. If this trend is not reversed, then, a summit or two from now, we might see the return of trade wars and competitive devaluations of national currencies. In that case, the current G20 format, built around the US leadership and hegemonic in nature, will not work at all. The nature of the G20 is that of an international forum, not an international intergovernmental organization.;;; ValdaiG20: A Transition to Bipolarity? Stanislav Tkachenko, Visiting Professor at the Research Center for the Economies and Politics of Transitional Countries, Liaoning University
Topics:
Mike Norman considers the following as important: bipolarity, G-20, global economy, global trade, International Political Economy, multipolarity, unipolarity, US hegemony, world order
This could be interesting, too:
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Although the G20 still retains its potential to support the global economic stability, there is an impression that its mission is coming to an end. If this trend is not reversed, then, a summit or two from now, we might see the return of trade wars and competitive devaluations of national currencies. In that case, the current G20 format, built around the US leadership and hegemonic in nature, will not work at all. The nature of the G20 is that of an international forum, not an international intergovernmental organization.;;;Valdai
G20: A Transition to Bipolarity?
Stanislav Tkachenko, Visiting Professor at the Research Center for the Economies and Politics of Transitional Countries, Liaoning University