Flashpoints for the Pittsburgh Summit
CIGI Special G20 Report: Flashpoints for the Pittsburgh Summit is a compendium of brief policy papers by respected academics and practitioners who have studied the G20. The Special Report highlights the breadth of CIGI's research into economic governance, financial regulatory reform and regulation, international trade, and the capacity of the expanded G20 leadership to resolve and ideally prevent future crises.
Cat's Out of the Bag: China's Currency Challenge
Senior Fellow Gregory Chin discusses the issue of a global currency, the challenges China faces given its vast holdings of US currency and the plausibility of the Chinese RMB becoming a major settlement currency.
G8 Italy: Wrestling Control Back from the G20?
The Italian G8 Presidency looks like it will get a passing grade for the upcoming G8 L’Aquila Summit, for its ability to use the buzzwords of global governance. The Italian G8 Office outlined its goal for the upcoming Summit: to devise a system of global governance that is “open, innovative, fair and sustainable," that is “open” for trade and investment flows; "innovative" in using new and existing ideas; “fair” in being inclusive and giving attention to emerging and vulnerable countries; and “sustainable” in responding to climate change and promoting environmental protection.
China's New Economic Diplomacy
This report is a summary of discussions from a CIGI-sponsored workshop on April 25-27, 2008, at which international experts examined the style and methods of China's new global engagements in light of its recent great economic gains. A number of thematic issues related to China's foreign policy, economic issues and socialization into the international organization architecture were discussed. In particular, workshop participants explored trade regulation, foreign and redirected investment, climate change policy, intellectual property rights and monetary issues. The report synthesizes the central points of discussion and outlines five possible scenarios of global governance with China as a major player.