The system of global governance is under serious challenge. The UN, the G7/8, the IMF and the World Bank are but a handful of organizations suffering from a crisis of legitimacy for an international system that appears ill-suited for timely, innovative and effective solutions to contemporary global challenges.

This book explores whether the creation of an L20 is a feasible possibility for the international community. It offers thematic and geographic arguments in favour of the L20, with a particular emphasis on the larger role that it could play in bringing about reform of the global economic and financial systems.