On location experts discuss the governance issues and challenges, key relationships and risks, and the lasting effects of the global financial crisis from the G20 Los Cabos Summit, June 18-19, 2012.
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In the Series
The Rise of the BRICS: Threat or Benefit?
CIGI Senior Fellow Colin Bradford explores the increase in IMF funding by emerging market economies, announced during the G20 Los Cabos Summit 2012, and if this funding is a good thing for other nations.
CIGI Distinguished Fellow Andrew F. Cooper discusses the shifting role of the G20 as both a "crisis committee" and a "steering committee." Cooper notes that the legitimacy of the G20 has improved; however, achieving progress on deliverables remains a challenge.
G20 experts, James A. Haley, Colin Bradford, and Andrew Cooper, provide commentary on the Final Declaration from the leaders at the G20 Los Cabos Summit 2012, in addition to answering questions from audience members.
James A. Haley explains the financial instability in the Euro zone and discusses the importance of reports that European G20 members will agree to introduce measures to strengthen the institutional gaps in the European banking system through the creation of a banking union.
James A. Haley, Director, Global Economy Program, CIGI, reviews the key risks that G20 leaders face and considers what is needed to address short-term economic risks to avoid the loss of an open, dynamic trade system.
Colin Bradford discusses policy pressures and tensions at the G20 Los Cabos Summit 2012. While pressure rises for Europe to deal with its debt crisis, pressure is also increasing for the other G20 countries to have confidence in Europe ahead of the Declaration set to be released tomorrow.
Pre-Summit Thoughts: Key Relationships for Global Growth
Colin Bradford, CIGI Senior Fellow, discusses three key relationships and their relevance for G20 leaders in creating the right balance to achieve growth: growth and austerity; growth and financial stability; and short- and long-run growth.
James A. Haley, Director, Global Economy Program, CIGI, offers an overview governance challenges at G20 Los Cabos Summit 2012: the unstable situation in the Euro zone and uncertain growth prospects in the US and China are anticipated as leading issues.