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Europe and the reshaped global order / Policy Brief

The G20 after Cannes: An identity crisis

28/11/2011 By Giovanni Grevi

At the Cannes summit, the G20 has performed as neither an effective crisis management committee nor a steering board for the global economy. The sovereign debt crisis challenges the role of the G20 and entails the danger of political default of some of its members. The risk is a world of introspective powers, unable to take the lead of collective action.

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Keywords

Argentina Australia Brazil Canada China Economic crisis European Union France G20 Germany India Indonesia Italy Japan Mexico Russia Saudi Arabia South Africa South Korea Turkey United Kingdom United States

Bio author: Giovanni Grevi

Global governance reform. Multilateralism. EU security and defence policy. EU institutional reform.