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The G-20 framework for strong, sustainable, and balanced growth: glass half empty or half full?

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  • Creon Butler

Abstract

The G-20 Framework for Strong, Sustainable and Balanced Growth was launched by the G-20 leaders in 2009 to strengthen coordination of national economic policies as the world emerged from the 2008–9 financial crisis. Building on earlier attempts at international economic policy coordination, the Framework has made significant advances in the detailed institutional procedures for policy coordination, including information sharing, analytical tasking, and the development of structured policy discussions to address medium-term issues. Some politically difficult challenges have been overcome using varied techniques, including enabling the system of collaboration to evolve incrementally over time. However, further progress is needed if the Framework is to deliver on the remit set by leaders. Copyright 2013, Oxford University Press.

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  • Creon Butler, 2013. "The G-20 framework for strong, sustainable, and balanced growth: glass half empty or half full?," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 28(3), pages 469-492, AUTUMN.
    • Handle: RePEc:oup:oxford:v:28:y:2013:i:3:p:469-492
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    File URL: http://hdl.handle.net/10.1093/oxrep/grs039
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