“People think that borders can keep problems out. But borders can’t keep climate change out. Borders could not keep the 2008 financial crisis out…. The only way this world is going to work is if we work together.”
Former Canadian Prime Minister Paul Martin in CIGI’s video, “An Inside Look at the G20’s History”
July 2019 marked the seventy-fifth anniversary of the Bretton Woods conference, which established the International Monetary Fund (IMF) and the World Bank; November 2018 was the tenth anniversary of the Group of Twenty (G20) meeting at the leaders’ level. In an era of increasing resentment toward globalization, CIGI’s work continued to demonstrate that strong multilateral cooperation is important for the global economy and essential for middle powers such as Canada.
CIGI marked the Bretton Woods anniversary with commentary from Senior Fellow James A. Haley on how the IMF should adapt to changing times, as well as a paper from C. Randall Henning on the relationship between the IMF and regional financial agreements. In advance of the G20 summit in Buenos Aires, CIGI published an in-depth interview and companion video with former Canadian Prime Minister Paul Martin discussing the history and future of the G20. CIGI experts were on the ground for both the Buenos Aires and the Osaka summits, offering insightful commentary to global and Canadian media outlets, including Agence France-Presse, Bloomberg and the CBC.